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Cost Management
A good Cost management process aligned to the projects deliverables and scope is essential to its reputation and success. Proactively managing spend and recognising the project progress allows the project to better forecast any variations to budget and agreed spending profiles.
The Cost Management needs skilled members of the team to maintain control and ensure smooth delivery.
We believe Cost, Schedule & Delivery go hand in hand and therefore ensure an accurate cost breakdown structure (CBS), fully aligned with the work breakdown structure (WBS) and the organisational breakdown structure (OBS) works seamlessly.
This provides the benefit for the project management team to be aware of detailed financial impacts from decisions made in the project when changing scope & direction.
Having a proactive approach allows for any mitigation actions to be undertaken in a timely manner.