Project management is a process used to manage resources, time, cost, and scope for a given activity or project. It involves estimating costs, creating budgets, and controlling costs. Primavera P6 is professional project management software that helps with planning, management, and reporting. The Pearl River Tower project in China used cost management techniques to reduce costs by 35% when constructing the 71-story skyscraper.

2. Project Management
Project management is a
process designed to manage
or control company
RESOUCES on a given activity,
within time, within cost, and
within scope.
Time, cost, and scope are the
constrains on the project.

3. COST MANAGEMENT

4. Cost
Estimation
Cost
Budgeting
Cost Control

6. PRIMAVERA P6
• Primavera P6 is professional software
program, which is used by project
professionals, engineers, schedulers
for planning, management and project
reporting.

7. PRIMAVERA P6

9. Pearl River Tower the
71 storied
neofuturistic skyscrape
in China used cost
management
techniques to reduced
the cost in making the
tower by 35%
effectively