This tutorial discusses the main issues related to enterprise cost management. The relationship between cost management and the enterprise management system as a whole is shown. The main attention is paid to the problems of classification of production costs, the main elements of cost management are consistently revealed: planning, analysis, control and regulation of production costs. A separate section is highlighted for calculating and analyzing the break-even point. In conclusion, the issue of the role and place of cost management in the enterprise development system is considered. Intended for students of economic universities studying courses “Cost Management”, “Enterprise Economics”, “Economic Analysis of Business Activity of a Firm” and other disciplines, as well as for teachers, accountants, entrepreneurs and managers.