The estimates of costs for various components of the project are developed into a comprehensive project budgeting document that allows for ongoing project tracking and cost control. This is effectively cost management. Using a hybrid, agile, or waterfall methodology can result in different approaches to managing the finances of a project.

For this week's discussion, find current examples $($not older than $90$ days$)$ of real companies that use agile, hybrid, and waterfall methodologies to manage their projects. Compare and contrast the approach to cost management for their projects. What are the pros and cons of the approach?