While many project managers focus on upfront cost estimation, only few of them implement the right systems in place to control, track, and adjust costs throughout the project lifecycle. That gap can significantly impact project performance and stakeholder confidence.<\/p>\n\n\n\n
In this blog, we’ll walk you through the essentials of building a cost management plan\u2014from accurate cost estimation and flexible tracking to strong governance for controlling project costs across all phases.<\/p>\n\n\n
- Understanding Cost Management Plans<\/a>
- What is a Cost Management Plan?<\/a><\/li><\/ul><\/li>
- \u2728Featured Template<\/a><\/li>
- Elements of a Cost Management Plan<\/a>
- 1. Cost estimation framework<\/a><\/li>
- 2. Budget determination process<\/a><\/li>
- 3. Cost breakdown structure (CBS)<\/a><\/li>
- 4. Cost control thresholds<\/a><\/li>
- 5. Measurement protocols<\/a><\/li>
- 6. Reporting formats and frequency<\/a><\/li>
- 7. Change management integration<\/a><\/li><\/ul><\/li>
- Developing a Cost Management Plan<\/a>
- Step 1: Outline project scope and requirements<\/a><\/li>
- Step 2: Define the cost management approach<\/a><\/li>
- Step 3: Create a work breakdown structure<\/a><\/li>
- Step 4: Estimate costs<\/a><\/li>
- Step 5: Develop the budget<\/a><\/li>
- Step 6: Establish your cost baselines<\/a><\/li>
- Step 7: Implement cost control systems<\/a><\/li>
- Step 8: Review and update the plan<\/a><\/li><\/ul><\/li>
- Tools and Techniques for Cost Management<\/a>
- Key software and tools for managing costs in projects<\/a><\/li>
- ClickUp: Transform budget nightmares into cost control mastery<\/a><\/li>
- Your budget, visualized your way<\/a><\/li>
- One super app for all your budgeting needs<\/a><\/li>
- Get deeper insights and stay on top of trends<\/a><\/li><\/ul><\/li>
- Challenges and Best Practices<\/a>
- Common challenges in cost management<\/a><\/li>
- Best practices for effective cost management<\/a><\/li><\/ul><\/li>
- Unlock Your Project’s Financial Potential with ClickUp<\/a><\/li><\/ul>\n\t\t\t<\/div>\n\t\t<\/div><\/div>\n\n\n
Understanding Cost Management Plans<\/h2>\n\n\n\n
You need a clear and structured plan before managing project costs effectively. A cost management plan lays out how you\u2019ll handle money throughout the project. <\/p>\n\n\n\n
Before diving into the details, let\u2019s start with what that means.<\/p>\n\n\n\n
What is a Cost Management Plan?<\/h3>\n\n\n\n
A cost management plan is your financial roadmap. It maps not just what you’ll spend, but precisely how you’ll control, track, and optimize every dollar throughout the project.<\/p>\n\n\n\n
Unlike a basic budget that only outlines intended expenses, a comprehensive cost management plan details the entire project lifecycle<\/a>:<\/p>\n\n\n\n
- \n
- How costs will be estimated (not guessed)<\/li>\n\n\n\n
- How expenses will be structured and allocated<\/li>\n\n\n\n
- Real-time monitoring protocols that detect issues early<\/li>\n\n\n\n
- Control mechanisms that prevent financial drift<\/li>\n\n\n\n
- Reporting systems that keep stakeholders informed<\/li>\n<\/ul>\n\n\n\n
The best cost management plans address all sides of the project management triangle<\/a>. They maintain the equilibrium between costs, scope requirements, and timeline constraints.<\/p>\n\n\n\n
When one changes (and something always does), the others must adjust proportionally to keep your project on solid ground.<\/p>\n\n\n
\n\u2728Featured Template<\/h2>\n\n\n\n
The ClickUp Project Cost Management Template<\/a> helps you take control of every penny spent during your project. It\u2019s perfect for teams looking to fast-track their cost management setup.<\/p>\n\n\n\n
![\"Build](\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2025\/06\/Project-Cost-Management-2-1.jpg\")
Get free template<\/a><\/div><\/div>Build a cost management system easily with this Project Cost Management Template from ClickUp<\/figcaption><\/figure><\/div><\/div>\n\n\n\n This template provides the perfect platform to:<\/p>\n\n\n\n
- \n
- Track costs across multiple projects for portfolio-level visibility and smarter resource planning<\/li>\n\n\n\n
- Visualize real-time cost performance with intuitive charts highlighting trends, variances, and budget risks<\/li>\n\n\n\n
- Identify underused resources and redirect funds to high-priority or at-risk areas to optimize budgets<\/li>\n\n\n\n
- Set automated alerts and thresholds to monitor expenses and prevent budget overruns<\/li>\n\n\n\n
- Increase visibility with detailed reports that link financial metrics to deliverables and milestones<\/li>\n\n\n\n
- Compare estimated versus actual costs with the ClickUp Table View<\/a>, enabling side-by-side analysis and variance detection for precise budget control.<\/li>\n<\/ul>\n\n\n\n
The template integrates with ClickUp Docs<\/a> for budget planning, Custom Fields for cost tracking, and Dashboards for performance visualization.<\/p>\n\n\n\n
Get free template<\/a><\/div>\n\n\n<\/div>\n\n\nElements of a Cost Management Plan<\/h2>\n\n\n\n
Before putting together a cost management plan to manage expenses, it\u2019s essential to understand the core elements that make it effective. Each one supports solid financial oversight throughout the project.<\/p>\n\n\n\n
A well-structured approach relies on several interconnected parts that guide how funds are planned, tracked, and adjusted, from kickoff to completion. Together, they form the foundation for smart, disciplined decision-making around project costs:<\/p>\n\n\n\n
1. Cost estimation framework<\/h3>\n\n\n\n
Your plan needs a transparent methodology for calculating costs\u2014and no, “best guesses” don’t count. The most effective plans use multiple estimation techniques:<\/p>\n\n\n\n
- \n
- Analogous estimating (using similar past projects)<\/li>\n\n\n\n
- Parametric estimating (statistical modeling)<\/li>\n\n\n\n
- Bottom-up estimating (granular component-level analysis)<\/li>\n<\/ul>\n\n\n\n
\ud83d\udca1Pro Tip:<\/strong> Use at least two methods and reconcile the differences. For example, combining parametric estimating for insights based on available data with bottom-up estimating for task-level accuracy strengthens your budget\u2019s credibility.<\/p>\n\n\n<\/div>\n\n
\n![\"ClickUp](\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2025\/06\/image-665.png\")
Ask ClickUp Brain, ClickUp\u2019s built-in AI assistant, to help you with estimating costs<\/figcaption><\/figure><\/div>\n\n\n Try ClickUp Brain today!<\/a><\/div>\n\n\n\n2. Budget determination process<\/h3>\n\n\n\n
Budgeting refers to allocating resources and setting financial constraints for a project. It is a management tool supporting effective cost monitoring throughout the project. <\/p>\n\n\n\n
A well-defined budget includes:<\/p>\n\n\n\n
- \n
- Direct costs<\/strong>: Expenses directly attributed to a project, such as materials and labor<\/li>\n\n\n\n
- Indirect costs<\/strong>: Overhead costs not directly linked to a specific project, such as administrative expenses<\/li>\n\n\n\n
- Contingency reserves<\/strong>: Funds set aside to address unforeseen risks or cost overruns<\/li>\n<\/ul>\n\n\n\n
The projects that stay on budget don’t just consider these categories\u2014they establish clear ownership and decision rights for each.<\/p>\n\n\n
\n\ud83d\udccc The Boeing 787 Dreamliner project illustrates the consequences of inadequate cost-control mechanisms. Initially estimated at $5 billion, the development costs soared to over $32 billion<\/a> due to fragmented oversight and coordination issues.\u00a0This underscores the necessity for integrated cost monitoring systems to effectively manage actual expenditures against the project budget.\u00a0<\/p>\n\n\n<\/div>\n\n\n
3. Cost breakdown structure (CBS)<\/h3>\n\n\n\n
Your CBS organizes project costs into manageable components, much like a work breakdown structure (WBS) organizes work. This creates clear cost accountability by mapping budget items directly to deliverables, teams, and durations.<\/p>\n\n\n\n
The real power emerges when you link your Cost Breakdown Structure<\/a> to your WBS, allowing you to see immediately how scope changes affect specific cost elements.<\/p>\n\n\n\n
4. Cost control thresholds<\/h3>\n\n\n\n
Most plans miss this crucial part: predefined variance thresholds that trigger specific actions against the established budget to prevent cost overruns. These thresholds act as early warning signals when spending starts to deviate.<\/p>\n\n\n\n
With such thresholds in place, teams can respond quickly\u2014adjusting resources, timelines, or scope before things get out of control.<\/p>\n\n\n\n
For example:<\/p>\n\n\n\n
- \n
- 5-10% variance:<\/strong> Project manager review and documentation<\/li>\n\n\n\n
- 10-20% variance:<\/strong> Stakeholder notification and correction plan<\/li>\n\n\n\n
- 20% variance:<\/strong> Executive review and formal change request<\/li>\n<\/ul>\n\n\n
\n\ud83d\udcccHershey\u2019s ERP rollout is a lesson in what happens when timelines are squeezed. Aiming to go live in 30 months instead of the recommended 48, they ran into logistical issues<\/a> that impacted inventory, distribution, and ultimately, revenue.\u00a0The lesson? Estimating time and cost isn\u2019t just a spreadsheet task\u2014it\u2019s a cornerstone of project success.<\/p>\n\n\n<\/div>\n\n\n
5. Measurement protocols<\/h3>\n\n\n\n
Tracking what you’ve spent isn’t enough. Your plan needs to measure what you’ve accomplished relative to your spending. This helps ensure that every dollar is tied to real progress, not just activity. <\/p>\n\n\n\n
The most effective plans use Earned Value Management (EVM) metrics:<\/p>\n\n\n\n
- \n
- Cost Performance Index (CPI)<\/li>\n\n\n\n
- Schedule Performance Index (SPI)<\/li>\n\n\n\n
- Estimate at Completion (EAC)<\/li>\n<\/ul>\n\n\n\n
These metrics give you early warning signals of when projects drift. And let you set things right while there’s still time to correct course.<\/p>\n\n\n
\n\ud83e\udde0 Fun Fact:<\/strong> The word “budget”<\/a> comes from the Old French word “bouge,” which means a small leather bag or wallet. In the 1700s, the British Chancellor of the Exchequer would bring their financial plans to Parliament in a leather bag. The term eventually evolved to describe the financial plans themselves!<\/p>\n\n\n<\/div>\n\n\n
6. Reporting formats and frequency<\/h3>\n\n\n\n
Frequent expense tracking and reporting help ensure transparency and facilitate the early identification of financial issues. They also keep stakeholders informed and aligned on budget status. <\/p>\n\n\n\n
More importantly, it gives project managers time to course-correct before minor issues become costly problems.<\/p>\n\n\n\n
Your plan should specify exactly:<\/p>\n\n\n\n
- \n
- What<\/strong> financial information gets reported<\/li>\n\n\n\n
- Who<\/strong> receives which reports<\/li>\n\n\n\n
- How often<\/strong> reporting occurs at each level<\/li>\n<\/ul>\n\n\n\n
The most successful projects use a tiered approach for different roles and needs. Teams track progress with daily dashboards, managers review weekly variance reports, and executives get monthly performance summaries.<\/p>\n\n\n
\n\ud83d\udca1Pro Tip:<\/strong> With ClickUp Autopilot Agents, financial reporting becomes effortless and precise. Simply define exactly what financial data needs to be tracked, who should receive each report, and how often updates should be delivered.
Autopilot Agents will automatically gather the right information and send tailored reports to the right people, whether it\u2019s daily updates for your team or monthly summaries for leadership, ensuring everyone stays informed without lifting a finger.<\/p>\n\n\n<\/div>\n\n\n![\"ClickUp\u2019s](\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2025\/06\/image-666-1400x886.png\")
Simplify your financial tracking with ClickUp\u2019s Autopilot Agents<\/figcaption><\/figure><\/div>\n\n\n 7. Change management integration<\/h3>\n\n\n\n
Project scope, requirements, or resource availability changes can drastically affect total project costs. A robust change management process is essential to prevent these shifts from derailing your budget.<\/p>\n\n\n\n
Your plan must outline how cost impacts are assessed when project changes occur:<\/p>\n\n\n\n
- \n
- The process for evaluating the financial impact of proposed changes<\/li>\n\n\n\n
- Approval workflows based on cost impact thresholds<\/li>\n\n\n\n
- Documentation requirements for change requests<\/li>\n<\/ul>\n\n\n\n
The effectiveness of your cost management plan hinges on addressing specific project cost risks<\/a>. A thorough assessment of potential financial pitfalls should inform which elements receive the most attention in your plan.<\/p>\n\n\n\n
With these structural components in place, you can develop a comprehensive cost management plan tailored to your future project’s needs.<\/p>\n\n\n
\n![\"ClickUp](\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2025\/06\/image-667-1400x823.png\")
Get a quick snapshot of your cost management plan and progress with ClickUp’s AI cards<\/figcaption><\/figure><\/div>\n\n \n\ud83d\udc40 Did you know? <\/strong>NASA\u2019s Mars Climate Orbiter mission failed due to a $327.6 million error caused by a simple unit mismatch\u2014imper<\/a>ial vs. metric<\/a>. The takeaway? Even the most advanced projects need precise cost management and cross-team coordination to avoid expensive missteps.<\/p>\n\n\n<\/div>\n\n\n
Developing a Cost Management Plan<\/h2>\n\n\n\n
Creating a solid cost management plan goes beyond just crunching numbers. It helps you build a smart system that helps you make good decisions when things (inevitably) change. <\/p>\n\n\n\n
The process requires more than cost analysis; you need a structure that keeps things on track and<\/em> allows you to adjust when reality doesn\u2019t follow the script.<\/p>\n\n\n\n
Here are eight steps to help you create a plan that balances structure with flexibility, so your project\u2019s finances don\u2019t spiral into mystery territory.<\/p>\n\n\n\n
Step 1: Outline project scope and requirements<\/h3>\n\n\n\n
This foundation is critical\u2014vague scope definitions inevitably lead to cost uncertainty. Begin by clearly documenting all deliverables, constraints, and assumptions. This will set expectations early and reduce the risk of misunderstandings later.<\/p>\n\n\n\n
Work with stakeholders to establish detailed requirements, directly influencing your cost estimates. The more precise the scope, the more reliable your cost projections will be.<\/p>\n\n\n\n
Step 2: Define the cost management approach<\/h3>\n\n\n\n
Project cost management<\/a> involves deciding how<\/em> to<\/span> manage costs. It sets the rules, processes, and tools you’ll use to stay on budget from beginning to end. <\/p>\n\n\n\n
You need to make three critical decisions:<\/p>\n\n\n\n
- \n
- Cost estimation methodology<\/strong>: Decide whether to use top-down, bottom-up, or analogous estimating techniques<\/li>\n\n\n\n
- Cost control measures<\/strong>: Outline how costs will be monitored and controlled throughout the project lifecycle. Will you review costs weekly? Monthly? (Hint: more frequent = better control)<\/li>\n\n\n\n
- Data management systems<\/strong>: Spreadsheets work for simple projects, but specialized software gives you real-time visibility<\/li>\n<\/ul>\n\n\n
\n\ud83d\udceeClickUp insight:<\/strong> 92% of knowledge worker<\/a>s use personalized time management strategies. But, most workflow management tools don’t yet offer robust built-in time management or prioritization features, which can hinder effective prioritization. <\/p>\n\n\n\n
ClickUp’s<\/a> AI-powered scheduling and time-tracking features can help you transform this guesswork into data-driven decisions. It can even suggest optimal focus windows for tasks. Build a custom time management system that adapts to how you actually work!<\/p>\n\n\n\n
Try ClickUp Now!<\/a><\/div>\n\n\n<\/div>\n\n\nStep 3: <\/strong>Create a work breakdown structure<\/h3>\n\n\n\n
The WBS helps you spot hidden costs early before they ambush your actual budget. By breaking down the project into smaller, detailed components, you can see where resources will be used and where risks could be.<\/p>\n\n\n\n
As a reliable way to identify all cost-driving elements, it ensures nothing important is missed.<\/p>\n\n\n\n
So, break your project into increasingly smaller components until you reach work packages that are:<\/p>\n\n\n\n
- \n
- Small enough to estimate accurately<\/li>\n\n\n\n
- Big enough to manage efficiently<\/li>\n<\/ul>\n\n\n\n
\ud83d\udca1 Pro Tip: <\/strong>If your team likes a clear, structured approach, the ClickUp Project Budget with WBS Template<\/a> is a solid pick. It ties your financial planning directly to your work breakdown structure, so everything lines up neatly.<\/p>\n\n\n<\/div>\n\n\n
![\"ClickUp](\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2025\/04\/c2-3.png\")
Get free template<\/a><\/div><\/div>Track your spending in detail using ClickUp\u2019s Project Budget with WBS Template<\/figcaption><\/figure><\/div><\/div>\n\n\n\n Step 4: Estimate costs<\/h3>\n\n\n\n
Most project cost estimates fail because they’re based on wishful thinking rather than reality. They often ignore risks, real-world constraints, and the true cost of execution.<\/p>\n\n\n\n
Instead, follow this proven formula:<\/p>\n\n\n\n
- \n
- Identify every single resource you’ll need (people, equipment, materials)<\/li>\n\n\n\n
- Calculate actual costs using current rates and historical data<\/li>\n\n\n\n
- Add contingency reserves based on your project’s risk profile<\/li>\n<\/ul>\n\n\n\n
Utilizing estimate templates<\/a> along with robust project management tools<\/a> can enhance this estimation process by providing benchmarks and accuracy.<\/p>\n\n\n
\n\ud83d\udca1 Pro Tip:<\/strong> Incorporate these estimates into project budget templates<\/a> to ensure that costs are accurately accounted for in your overall project budget.<\/p>\n\n\n<\/div>\n\n\n
Step 5: Develop the budget<\/h3>\n\n\n\n
Once costs are estimated, combine them into a budget that serves as the baseline for measuring project performance.<\/p>\n\n\n\n
Create a budget that shows:<\/p>\n\n\n\n
- \n
- Exactly when funding is needed throughout the project<\/li>\n\n\n\n
- How costs are distributed across deliverables<\/li>\n\n\n\n
- Clear connections between spending and value creation<\/li>\n<\/ul>\n\n\n\n
This transparency makes you better equipped to justify your budget when finance starts looking for budget cuts.<\/p>\n\n\n
\n\ud83d\udcd6 Also read:<\/strong> How to Effectively Manage a Client Budget for Project Success<\/a><\/p>\n\n\n<\/div>\n\n\n
Step 6: Establish your cost baselines<\/h3>\n\n\n\n
Your cost baseline is the approved budget plus contingency reserves, which serve as your measuring stick for the entire project execution<\/a>.<\/p>\n\n\n\n
Make sure your baseline:<\/p>\n\n\n\n
- \n
- Is formally approved by the project sponsor<\/li>\n\n\n\n
- Includes S-curves<\/a> that visualize planned spending over time<\/li>\n\n\n\n
- Establishes trigger points for when variances require action<\/li>\n<\/ul>\n\n\n\n
Step 7: Implement cost control systems<\/h3>\n\n\n\n
Implement cost-control processes<\/a> in project management to monitor and control project costs. Implement these three critical systems:<\/p>\n\n\n\n
- \n
- Regular variance analysis:<\/strong> Compare actual vs. planned costs at least bi-weekly<\/li>\n\n\n\n
- Change control process:<\/strong> Evaluate the cost impact of every<\/em> change request<\/li>\n\n\n\n
- Stakeholder reporting:<\/strong> Create simple dashboards that communicate financial status without overwhelming stakeholders with details<\/li>\n<\/ul>\n\n\n\n
Remember: Finding a cost problem early means you still have options. Find it late, and you’re just documenting project failure.<\/p>\n\n\n\n
Step 8: Review and update the plan<\/h3>\n\n\n\n
A cost management plan is not static; it requires periodic reviews and updates to ensure continued relevance.<\/p>\n\n\n\n
Schedule regular reviews to:<\/p>\n\n\n\n
- \n
- Analyze performance trends and adjust forecasts<\/li>\n\n\n\n
- Update your plan based on actual performance data<\/li>\n\n\n\n
- Document lessons learned while they’re fresh (not just at project end)<\/li>\n<\/ul>\n\n\n\n
Such an approach of continuous improvement ensures your cost management gets more accurate with every passing week.<\/p>\n\n\n
\n\ud83d\udcd6 Also read:<\/strong> Resource Leveling: How to Deliver Projects on Time & Budget<\/a><\/p>\n\n\n<\/div>\n\n\n
Tools and Techniques for Cost Management<\/h2>\n\n\n\n
Even the most meticulously developed cost management plan is only as effective as the tools used to implement it. You need the proper digital toolbox for managing project budgets<\/a>.<\/p>\n\n\n\n
Key software and tools for managing costs in projects<\/h3>\n\n\n\n
The cost management landscape has evolved dramatically over the past decade, offering options from specialized financial software to comprehensive project management solutions. Effective cost management typically employs a strategic combination of these tools:<\/p>\n\n\n\n
Estimation tools<\/h4>\n\n\n\n
- \n
- Parametric estimation software that leverages historical data<\/li>\n\n\n\n
- Monte Carlo simulation tools for risk-based cost forecasting<\/li>\n\n\n\n
- Industry-specific estimation databases that provide benchmarks<\/li>\n<\/ul>\n\n\n\n
Tracking tools<\/h4>\n\n\n\n
- \n
- Time-tracking applications that convert hours into costs<\/li>\n\n\n\n
- Expense management platforms that capture and categorize spending<\/li>\n\n\n\n
- Resource allocation tools that monitor utilization against budgets<\/li>\n<\/ul>\n\n\n\n
Reporting and analysis tools<\/h4>\n\n\n\n
- \n
- Financial dashboards that visualize cost performance<\/li>\n\n\n\n
- Earned value management (EVM) systems that integrate project schedule, scope, and cost<\/li>\n\n\n\n
- Variance analysis tools that flag deviations from planned expenditures<\/li>\n<\/ul>\n\n\n\n
Exceptional cost management depends on how seamlessly your tools integrate to ensure continuous financial visibility throughout the project.<\/p>\n\n\n
\n\ud83d\udcd6 Also read:<\/strong> Free Cost-Benefit Analysis Templates<\/a><\/p>\n\n\n<\/div>\n\n\n
ClickUp: Transform budget nightmares into cost control mastery<\/h3>\n\n\n
\n![\"ClickUp](\"https:\/\/clickup.com\/blog\/wp-content\/uploads\/2025\/06\/image-670-1400x785.png\")
Track expenses, allocate budgets, and gain real-time insights with ClickUp<\/figcaption><\/figure><\/div>\n\n\n While many organizations use various specialized tools, ClickUp<\/a> is the everything app for work<\/em> that seamlessly integrates cost management into the project workflow. So, it actively drives progress instead of just tracking numbers.<\/p>\n\n\n\n
Unlike standalone time trackers, ClickUp also connects time entries directly to tasks, enabling you to:<\/p>\n\n\n\n
- \n
- Change control process:<\/strong> Evaluate the cost impact of every<\/em> change request<\/li>\n\n\n\n
- Establishes trigger points for when variances require action<\/li>\n<\/ul>\n\n\n\n
- Cost control measures<\/strong>: Outline how costs will be monitored and controlled throughout the project lifecycle. Will you review costs weekly? Monthly? (Hint: more frequent = better control)<\/li>\n\n\n\n
- Cost estimation methodology<\/strong>: Decide whether to use top-down, bottom-up, or analogous estimating techniques<\/li>\n\n\n\n
- Who<\/strong> receives which reports<\/li>\n\n\n\n
- What<\/strong> financial information gets reported<\/li>\n\n\n\n
- 10-20% variance:<\/strong> Stakeholder notification and correction plan<\/li>\n\n\n\n
- Indirect costs<\/strong>: Overhead costs not directly linked to a specific project, such as administrative expenses<\/li>\n\n\n\n
- Direct costs<\/strong>: Expenses directly attributed to a project, such as materials and labor<\/li>\n\n\n\n
- Best practices for effective cost management<\/a><\/li><\/ul><\/li>
- ClickUp: Transform budget nightmares into cost control mastery<\/a><\/li>
- Step 2: Define the cost management approach<\/a><\/li>
- 2. Budget determination process<\/a><\/li>
- \u2728Featured Template<\/a><\/li>
- What is a Cost Management Plan?<\/a><\/li><\/ul><\/li>