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Responsibilities of Cost Control

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Shahzad Munawar
User offline. Last seen 8 years 51 weeks ago. Offline
Joined: 2 Jul 2003
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Can somebody explain the responsibilties of Cost Control Engineer alongwith cost control methodology


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Mohammed Muneeruddin
User offline. Last seen 5 years 41 weeks ago. Offline
Joined: 11 Jun 2003
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assalaam alikum,
Cost control is the process of monitoring the costs against the budget before it is being committed. The first step is the budget which is summarising the estimate in different tasks. and each task be broken in basic elements of labour, plant, material, sub contractors and overheads.
I suggest you become a member of AACEI the details of it is on the web site www. aacei.org


Regards,

Muneer