You are required to manage project cost for a Software Integration.

Managing project cost means:

• monitoring costs across a project's life cycle, including solving cost variations and analysing possible alternatives
• recording expenditure, creating accurate financial reports, and reviewing the cost-management processes used throughout the project

Provide evidence of your ability to manage project cost. This will include:

• resource breakdown structures
• cost estimates
• project budgets
• project cost management plans
• cost variance analysis
• cost controls
• project financial reports such as:
  • planned revenue, cost, and profit
  • actual revenue, cost, profit, and margin
  • variance to plan
  • remaining revenue, cost, and profit
  • registered and remaining hours
  • profit margin
• reviews of the project's financial performance

Provide References