Cost Control

There are four important aspects of control to the successful completion of a project within the budgeted project costs; these are:

  • Analysis of project records;
  • Identification of present conditions
  • Forecasting requirements for completion (cost over-run); and
  • Preparation of incremental and cumulative cost records.

The computerized cost analysis tables will be utilized for this purpose, and an appropriate reporting system will be developed.

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