Project cost control aims to achieve a business objective on time and within the set budget. In other words, project cost control focuses on maximizing effectiveness and minimizing expense. Business ...

Cost control in project management is a wide field, and there is definitely a lot to say about it. However, the most important part of getting costs under control is to first understand why it's ...

This blog post was authored by Thad Berkes, Chief Cost Estimator, Design Collaborative. One of the most frequent questions clients ask is: “How do I keep my project on budget—not just at the start, ...

For the purposes of this paper, let’s pose a $1.2 billion, 600 MW coal-fired project (excluding financing costs). Let’s say that this is composed of $780 million for equipment, $360 million for ...