Cost is one of the key constraints of projects. Plan cost management is the initial process in the knowledge area cost management. Plan risk management is part of the planning process group.

According to the PMBOK, this activity has the following characteristics:

Inputs Tools and Templates Outputs
project management plan, project charter, enterprise environmental factors, organizational process assets expert judgment, analytical techniques, meetings cost management plan

Related: scope baseline, schedule baseline , primavera p6 course