A project manager needs to tailor the Project Cost Management process. Which considerations should the project manager apply?

Diversity background is not a listed tailoring consideration for Project Cost Management in the PMBOK Guide.

Stakeholder relationships are relevant to stakeholder management tailoring, not specifically to cost management tailoring.

Technical expertise is not listed as a standard tailoring consideration for the Project Cost Management knowledge area.

Knowledge management is explicitly listed as a tailoring consideration for Project Cost Management in the PMBOK Guide. It addresses how the organization retains and applies cost-related knowledge and whether knowledge management systems will influence how costs are estimated, tracked, or reported across projects.