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Describe the primary components and techniques of cost management. Explain their significance in ensuring the successful completion of a project within its budgetary constraints. Provide

  • Describe the primary components and techniques of cost management.
  • Explain their significance in ensuring the successful completion of a project within its budgetary constraints.
  • Provide an example. 

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Cost management is a crucial aspect of project management that involves estimating budgeting allocating and controlling project costs throughout the project lifecycle The primary components and techni... blur-text-image

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