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Cost Management,one of the Ten PMBOK Guide Knowledge Areas,includes the Processes

question 23

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Cost Management,one of the ten PMBOK Guide Knowledge Areas,includes the processes involved in planning,estimating,budgeting,financing,funding,managing and controlling costs so that the project can be completed within the approved budget.


Definitions:

Face-To-Face Communication

Direct interaction between people in the same location, often considered the most effective form of communication.

Lean Media

An approach to media production and consumption that emphasizes minimalism, eliminating wastage, and focusing on value from the perspective of the end user.

Routine Information

Data or facts that are regularly collected, processed, and utilized in the normal course of business or activities.

Email Announcement

A written communication sent electronically through email to convey information, updates, or notifications to a designated group.

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