New Edition of Project Cost Management Book Empowers Project Managers to Master Project Finances

PPC Group, LLC, today announced the release of the Second Edition of Project Cost Management: Principles, Tools, Techniques, and Best Practices for Project Finance by Ray W. Frohnhoefer and Inham Hassen. Aligned with the PMBOK® Guide, Eighth Edition, the updated edition provides a comprehensive guide to managing project finances across predictive, agile, and hybrid environments.

Project cost management remains one of the most challenging project responsibilities. Beyond basic expenses, real‑world projects face economic fluctuations, operating costs, financing terms, cash‑flow constraints, and regulatory requirements. The new edition provides project managers with the confidence to navigate these complexities.

“Our goal was to create the most practical, complete, and approachable guide to project cost management available today,” said Ray Frohnhoefer, Managing Partner at PPC Group. “Whether you’re an aspiring, new, or accidental project manager, or a seasoned professional looking to strengthen your financial skills, this book gives you the foundation and tools to manage project costs effectively.”

The Second Edition includes significant enhancements, such as expanded cost‑estimation techniques for agile and hybrid delivery, updated project selection metrics, a reworked chapter on contracts and work authorization systems, and an entirely new chapter on Artificial Intelligence tools. All chapters include improved summaries and “Knowledge Nuggets” with practical tips and downloadable templates.

PPC Group, LLC, Mr. Frohnhoefer, and Mr. Hassen are urging aspiring and new project managers, as well as seasoned professionals, to consider these resources in planning their career advancement for 2026 and beyond.

Key Second Edition Features

• Alignment with the PMBOK® Guide, Eighth Edition
• Expanded coverage of agile, hybrid, and AI‑supported estimation
• Updated chapters on financing, payments, contracts, and cost control
• Practical templates included for business cases, cost‑benefit analysis, budget presentations, and more
• Clear explanations suitable for new and accidental project managers, with depth valuable to experienced PMs

Launch Promotion

An online launch event is scheduled for Thursday, June 18, at 11:00 a.m. PDT. From June 18–30, Visit https://www.accidentalpm.online/project-cost-management-second-edition for details.

Project Cost Management, Second Edition, is available in paperback and eBook formats through PPC Group, Amazon, and major online retailers. Use the Universal Book Link (UBL) to find retailers and formats currently available: https://books2read.com/u/bMLWdG.

Contact Information

Ray W. Frohnhoefer

Managing Partner

PPC Group, LLC

rayf@ppcgroup.us