Various companies use software to factor in cost and profit for each project, describe what software and technique you would utilize to manage budget and expenses, consider payroll also.
-Describe various kinds of cost estimates and methods for preparing them.
-Understand processes involved in cost budgeting and creating cost estimate and budget for information technology project.
-Understand benefits of earned value management and project portfolio management to help in cost control.
-describe how project management software can help in project cost management.