Total Cost Management
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Total Cost Management
Today’s complex projects need an integrated approach and this solution is provided by Total Cost Management. This approach helps the companies to complete their projects within the approved budget and time, optimise the Capex and stay ahead of competition.
Total project cost management solution is a complete loop between various activities in a project and comprises of following major activities
Cost Estimation
Cost Monitoring
Cost Control
Variance Analysis
Progress/performance measurement
Spend profile and cash flow analysis
Change Management
Project Close out cost, analysis and Benchmarking
An integrated project control system facilitates the integration of cost and time data within various phases of cost engineering namely cost estimation, Cost control and management, scheduling and benchmarking.