PROJECT COST MANAGEMENT AT THE ENTERPRISE

The goal of project management is to anticipate or predict as many hazards and problems as possible, as well as plan, organize and monitor activities so that projects are completed successfully despite all the risks. In the context of this work, it may turn out that using or applying a project management approach can guarantee and provide confidence that organizations can benefit. It is also difficult to conclude whether the project will always be successfully managed in practice. The project management process begins long before any resource is allocated and should continue until all work is completed. But what is a project and project management? We will try to solve this issue further. This article discusses strategies for managing the cost of projects in an enterprise that ensure budget compliance and timely project execution. The stages of planning financial opportunities are studied, including budgeting, cost estimation and cost analysis, as well as ways to control and optimize costs during the implementation of the project. The importance of project management in the planning and organization of the company's activities is emphasized. The methods of estimating the cost of the project are analyzed. The importance of using an integrated approach to project management in order to obtain any tangible benefits for organizations is considered. The theoretical problems of project management in the 21st century were identified and the implications for project management practice were considered. The findings showed that project management is not only about organizing project activities from the beginning to the end, but also includes creating values and relationships with stakeholders and members of the project team. A pattern has been revealed that using a systematic approach to project management can help reduce the waste of time, effort, and financial costs that could be directed to unrelated tasks. This work convincingly confirms that using a systematic approach to project management at the strategic level of an organization can help in creating a business case for any investment.