Project Cost Management - Second Edition: Principles, Tools, Techniques, and Best Practices for Project Finance

By Inham Hassen and Ray Frohnhoefer

Master the full lifecycle of project cost management, from selection and estimation to budgeting, financing, control, and closeout.
Project Cost Management: Principles, Tools, Techniques, and Best Practices for Project Finance (Second Edition) delivers a complete, practical guide to managing project finances in any environment.

Aligned with the PMBOK(R) Guide, Eighth Edition, this book provides clear, accessible explanations for aspiring, new, and accidental project managers, while offering the depth and rigor experienced practitioners expect. Whether you manage predictive, agile, or hybrid projects, you'll learn how to identify all project costs, build accurate budgets, forecast performance, and maintain financial control from initiation through closeout.

What You'll LearnHow to identify all project costs, including hidden and overlooked expensesTechniques for estimating, budgeting, and forecasting with confidenceHow financing, payments, cash flow, and reserves affect project successPractical tools for monitoring and controlling costs throughout executionHow to apply earned value management (EVM) without complexityHow to close out projects financially, contractually, and operationally

What's New in the Second EditionUpdated terminology and alignment with the PMBOK(R) Guide, Eighth EditionExpanded project selection cost metrics (Chapter 4)A fully reworked chapter on cost estimation, including agile and hybrid methodsUpdated contracts chapter, including work authorization systemsA new chapter on Artificial Intelligence Tools for cost managementImproved chapter summaries and editorial refinements across print and ebook editionsUpdated Table of Contents, References, and Index

Includes Ready-to-Use Templates

Each chapter ends with Knowledge Nuggets, practical tips and downloadable templates, including:

Project Business CaseCost-Benefit AnalysisCost Management PlanPERT EstimationDepreciation CalculationBudget PresentationBudget Control ChartCash Flow Forecast

All templates are available online with pre-filled examples so you can apply concepts immediately.

• Format: Paperback
• Language: English
• ISBN: 1735621331
• ISBN13: 9781735621333
• Release Date: May 2026
• Publisher: Ppc Group, LLC
• Length: 238 Pages
• Weight: 0.62 lbs.
• Dimensions: 0.5" x 5.5" x 8.5"