Cost management is concerned with the process of planning and controlling the budget of a project or business. It includes activities such as planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget. Cost management covers the full life cycle of a project from the initial planning phase towards measuring the actual cost performance and project completion.
What we can do for you:
- Identifying recourse quantitatively
- Estimating preliminary cost and contingency
- Budgeting project timely
- Performing Cash-flow analysis
- Developing and maintaining Earn value analysis
- Refining and updating cost estimate
- Forecasting budget variances