Explain work breakdown structure and cost management plans.
• Choose the format you prefer i.e. Outline, Hierarchical, Tabular or Tree Structure• Complete the detail:-WBS -WBS Dictionary-Glossary of Terms • A) COST MANAGEMENT APPROACH• B) MEASURING PROJECT COSTS• C) REPORTING FORMAT• D) COST VARIANCE RESPONSE PROCESS• E) COST CHANGE CONTROL PROCESS• F) PROJECT BUDGET summary the general idea about project on attchment Also, all documents should have a sign off and date page at the end as it is good practice to get formal approval.
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