A state-of-the-art project management tool can process all cost data associated with the project in a clear and businesslike fashion. This includes planned and actual cost data from a single cost record up to summary reports and analysis. The benefit of a software tool is its ability to intelligently link the available data in order to obtain and display important aids for the user: Project managers require cost trend analysis charts for the project Project offices expect overviews of which projects are exceeding budgets Accounting departments expect project cost data to be correctly assigned and synchronized with an ERP system at the end of each month
{"title":"Cost Management","authors":"Yan Tan","doi":"10.1201/9780429423994-4","DOIUrl":"https://doi.org/10.1201/9780429423994-4","url":null,"abstract":"A state-of-the-art project management tool can process all cost data associated with the project in a clear and businesslike fashion. This includes planned and actual cost data from a single cost record up to summary reports and analysis. The benefit of a software tool is its ability to intelligently link the available data in order to obtain and display important aids for the user: Project managers require cost trend analysis charts for the project Project offices expect overviews of which projects are exceeding budgets Accounting departments expect project cost data to be correctly assigned and synchronized with an ERP system at the end of each month","PeriodicalId":319986,"journal":{"name":"Large-Scale Construction Project Management","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125479462","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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