This term is defined in the 3rd and the 4th edition of the PMBOK.
Related Articles:
Cost-Plus-Percentage of Cost (CPPC) In project management, there are different types of contracts that buyers and sellers should be aware of. Among the many...
Cost Variance (CV) The term cost variance, also known by the abbreviation of CV, refers specifically to the true measurement of cost performance...
Cost Cost refers to the monetary value or financial pricing of a specific project activity. This cost includes all anticipated expenditures...
Cost-Plus-Fee The cost-plus-fee is also referred to by the abbreviation of CPF, and represents a variant of a cost reimbursable contract...
Cost of Quality (COQ) Cost of Quality, or (COQ) as it is often referred to, is a monetary figure used by project management personnel...