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What can you expect from a cost management consultant?
A cost management consultant possesses knowledge about the industry’s best practices and examples of common mistakes and failures.
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4 cost models you can create with software
Cleopatra Enterprise allows you to use your own cost models and techniques, and implement them in a state-of-the-art cost estimating tool, enabling you to make use of its powerful features. It is also a great tool to start designing new and improved cost models. Below are 4 cost models to…
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Work Breakdown Structures (WBS): the correct philosophy
Dig into the Work Breakdown Structures for assigning the work-packages / deliverables and apply the correct cost control philosophy.
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How to reduce scope growth with Change Management
Managing changes is essential in successfully performing cost control. Estimate and process the impact of changes to reduce the scope growth.
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The best management tools for every department
Effective project management requires the use of standardized processes and advanced software tools to ensure proper execution of every project.
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Estimate your projects' costs by looking into your history
Historic project data is often far more valuable than you might think. We provide some examples of how they prove their worth.
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Parametric estimating in project management
Parametric estimating for estimating projects is a technique that involves using mathematical relationships and statistical analysis to develop cost estimates based on a set of parameters or variables. Instead of relying solely on engineering input or detailed project specifications, it leverages the relationship between various project characteristics to derive cost…
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Quick guideline for Project Benchmarking in the Construction Industry
A guideline which describes the project benchmarking process including key factors for successful implementations.
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How to choose the right cost accounting software?
Cost accounting, often referred to as management accounting, is the branch of accounting that provides economic and financial information about project costs to aid management to plan and control projects and other business activities. In order to practice cost accounting effectively, a project controls software package should assist the user in…
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We need to reconsider construction cost management
Most of the large construction or engineering projects lay under the civil and infrastructure classification. This kind of projects became a synonym of and change of the scope, delay and, extra cost worldwide. This is essentially due to the expensive obstacles that lead to construction costs and that were not…
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