Forensic Claims Analysis Member for 20 years 10 months Member for 20 years 11 months Submitted by Andrew Flowerdew on Thu, 2007-06-07 20:32 Permalink RE: Project Cost Control Cost control - Job of every memeber of the supervisory staff on the project and no doubt some would argue below that level as well. Member for 18 years 5 months Member for 18 years 5 months Submitted by Samuel Edo on Thu, 2007-06-07 04:53 Permalink RE: Project Cost Control Thanks so much Raviraj for your comprehensive reply have a very good day Thnx All Member for 18 years 5 months Member for 18 years 5 months Submitted by A D on Thu, 2007-06-07 04:37 Permalink RE: Project Cost Control Cost control of project includes: - Influencing the factors that create changes to the cost baseline - Ensuring requested changes are agreed upon - Managing the actual changes as and when they occur - Monitor cost performances ro detect and understand cost variances - acting to bring expected cost overruns within acceptable limits Tools that can be used are: - Cost change control system that is documented in the cost management plan, defines the procedures by which cost baseline can be changed. - Earned Value Analysis - Forecasting - Variance Analysis - Trend Analysis - Through P3 Hope this shud b sufficient Cheers, Raviraj A Bhedase Log in or register to post comments
Member for 20 years 10 months Member for 20 years 11 months Submitted by Andrew Flowerdew on Thu, 2007-06-07 20:32 Permalink RE: Project Cost Control Cost control - Job of every memeber of the supervisory staff on the project and no doubt some would argue below that level as well.
Member for 18 years 5 months Member for 18 years 5 months Submitted by Samuel Edo on Thu, 2007-06-07 04:53 Permalink RE: Project Cost Control Thanks so much Raviraj for your comprehensive reply have a very good day Thnx All
Member for 18 years 5 months Member for 18 years 5 months Submitted by A D on Thu, 2007-06-07 04:37 Permalink RE: Project Cost Control Cost control of project includes: - Influencing the factors that create changes to the cost baseline - Ensuring requested changes are agreed upon - Managing the actual changes as and when they occur - Monitor cost performances ro detect and understand cost variances - acting to bring expected cost overruns within acceptable limits Tools that can be used are: - Cost change control system that is documented in the cost management plan, defines the procedures by which cost baseline can be changed. - Earned Value Analysis - Forecasting - Variance Analysis - Trend Analysis - Through P3 Hope this shud b sufficient Cheers, Raviraj A Bhedase
Member for
20 years 10 monthsRE: Project Cost Control
Cost control - Job of every memeber of the supervisory staff on the project and no doubt some would argue below that level as well.
Member for
18 years 5 monthsRE: Project Cost Control
Thanks so much Raviraj for your comprehensive reply
have a very good day
Thnx All
Member for
18 years 5 monthsRE: Project Cost Control
Cost control of project includes:
- Influencing the factors that create changes to the cost baseline
- Ensuring requested changes are agreed upon
- Managing the actual changes as and when they occur
- Monitor cost performances ro detect and understand cost variances
- acting to bring expected cost overruns within acceptable limits
Tools that can be used are:
- Cost change control system that is documented in the cost management plan, defines the procedures by which cost baseline can be changed.
- Earned Value Analysis
- Forecasting
- Variance Analysis
- Trend Analysis
- Through P3
Hope this shud b sufficient
Cheers,
Raviraj A Bhedase