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Cost Control VS Cost Management
Cost management and cost control are two terms that often get mixed up. In this article, we look at the difference and how they relate.
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Integration between cost estimation and cost control
If estimating and control work closely together their combined knowledge can feed information to the project lead and work floor more efficiently
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The added value of project controls software
Although the era of managing project costs with actual pen and paper is definitely over, many organizations might still be using tools like Microsoft Excel to control the costs of their projects. If these are small projects, with limited (financial) risks and just a few resources, that’s fine. No need…
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What is cost and management accounting?
Accounting is a business language. We can use this language to communicate financial transactions and their results. Cost accounting and management accounting are two important terms in accounting that are used to control and formulate the organization policies. Both are used for different purposes with different styles. Let’s look at…
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Join us at the Shutdowns Turnarounds Superconference 2023
We are proud to announce that Cleopatra Enterprise is exhibiting at the Shutdowns Turnarounds Superconference 2023. Mark your calendars for the 22nd edition of the Shutdowns Turnarounds Superconference, returning to Calgary on the 12th and 13th of December! This flagship event dedicated to the turnaround community, promises an enriching experience…
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9 Key Benefits of Using Project Controls Tools
Managing a project and keeping it under “control” can be an extremely challenging process. That’s where project controls software comes in as an essential tool to empower project controllers in handling budgets, analyzing data, and addressing critical questions during the project lifecycle.
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Project Quantitative Risk Analysis Seminar
Join John Hollmann in this 2-day seminar as he dives deep into quantitative risk analysis for better decision making and project control.
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The power of metrics in the Construction Industry
Apples and pears, both are a part of the category “Fruit”. Can we compare them? The weight of an apple and a pear might be comparable. Still, the nutrients per gram will differ since we are talking about two different types. Therefore, this comparison will not give relevant information about…
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The 3 Best Cost Control Software Tools: Why They Matter
Whether you're delivering a major infrastructure project or managing a complex portfolio, effective cost control is essential to keep projects on time and on budget, optimize resources, and maintain stakeholder confidence. Yet many companies still rely on outdated or disconnected cost control tools, which often lead to inaccurate forecasts, last-minute…
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Global STO Survey Report 2024
This survey report delves into the current state of turnaround management in organizations and explores key steps and strategies to elevate total STO performance.
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