Cost Control

Cost is one of the key performance indicators for projects. Involved in controlling costs are processes centered around planning, estimating, budgeting, financing, funding and managing costs so that the project can be completed within the approved budget.

  • PM Network

    Shazlee Rosli placeholder image

    PM Network interviews Shazlee Rosli, Project Management Office (PMO) Strategic Planning Manager, COO office, Hong Leong Bank Berhad.

  • PM Network

    The Power of AI Predictions placeholder image

    By Doraisamy, Hari It is notoriously difficult for project managers to accurately estimate project costs. However, software that uses neural networks can be a powerful solution to this problem.

  • PM Network

    Pulling the Plug placeholder image

    By O'Connor, Kelsey Cost overruns can be a death sentence for capital projects. A study published in the May issue of The Accounting Review suggests that if teams know the same person will be at the helm from start to…

  • PM Network

    Closed for Renovation placeholder image

    By Parsi, Novid From palaces to ancient tombs, renovations of world-famous tourist sites put project teams in the spotlight. And that spotlight is growing brighter: Global tourism reached a record 1.2 billion…

  • PM Network

    In the Right Place placeholder image

    All project sites aren’t created equal—some countries are more cost-competitive than others in certain ways. To make the most of their overseas investment, organizations must size up the competition.

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.