Problem: Many companies use software to factor in cost and profit for each project, explain what software and technique you would use to manage your budget and expenses, consider payroll as well.
Q1. Discuss different types of cost estimates and methods for preparing them.
Q2. Understand the processes involved in cost budgeting and preparing a cost estimate and budget for an information technology project.
Q3. Understand the benefits of earned value management and project portfolio management to assist in cost control.
Q4. Describe how project management software can assist in project cost management
1,250 to 1500 words, seven references.