The component of the project management plan that describes how costs will be planned,structured and controlled is called the project financial plan.

Name: The component of the project management plan that describes how costs will be planned,structured and controlled is called the project financial plan.
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The component of the project management plan that describes how costs will be planned, structured, and controlled is called the cost management plan, not the project financial plan.

The Component of the Project Management Plan That Describes How