Blogs » Construction Reunited
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by on October 18, 2021
Cost management is the method involved with estimating, allocating, and controlling project costs. The cost management measure permits a business to anticipate future costs to lessen the odds of budget invade. Projected costs are determined during the planning period of a project and should be endorsed before work begins.  As the project plan is executed, costs are archived and followed, so things stay within the cost management plan. When the project is finished, anticipated costs and real c...
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