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TCM Implementation on International Projects

Title "TCM Implementation on International Projects" by Sean Regan


This paper will specifically focus on the international implementation of the Total Cost Management process, its challenges and some recommendations Uniform accounting procedures Then we will describe in detail the TCM process as created and presented by AACE International as used by many companies. The objective is to represent that TCM is integrated and transparent in working on the programs with as much real time data as possible. Critical is that Project Controls is based on timing and ability to provide information as accurate as possible, but not like accounting to account for perfection.

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