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

    Runaway Rail member content locked

    By Bishel, Ashley The budget for a troubled rail project in Honolulu, Hawaii, USA has gone off the rails. The estimated budget hit US$8.3 billion in July, a more than 55 percent jump over the initial US$5.3 billion…

  • Project Management Journal

    Cash Flow Management of Construction Projects in Saudi Arabia member content locked

    By Shash, Ali A. | Al Qarra, Abdulaziz Cash flow management entails forecasting, monitoring, and controlling practices of the cash inflow and outflow and arrangement of deficits over a project's duration. This article reveals, through a…

  • PM Network

    Express Routes member content locked

    By Ali, Ambreen Bus rapid transit (BRT) projects are back in the fast lane. The resurgence is happening as cities around the world seek to reduce congestion and create public transportation opportunities beyond…

  • PM Network

    Snap Precision member content locked

    By Fewell, Jesse If you've worked on agile projects, you've likely heard an agile champion make bizarre statements about estimating a budget and schedule. When you press further for estimates, you might get an even…

  • PM Network

    Charitable Risks registered user content locked

    By Stasik, Trevor A project is a project no matter where you work. But project management in the nonprofit world can bring unique obstacles. Some of these challenges are common among all nonprofits, while others are…

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