Project cost control is an important aspect of project management. Planned costs are compared to actual...
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Project cost control is an important aspect of project management. Planned costs are compared to actual costs, and deviations indicate areas of project management concern. i. Critically review the decision of defining control accounts ii. 111. Critically review the effect of the level of detail on the accuracy / administrative effort of project cost control In your line of work/company critically evaluate the expected obstacles to gathering actual cost information. Project cost control is an important aspect of project management. Planned costs are compared to actual costs, and deviations indicate areas of project management concern. i. Critically review the decision of defining control accounts ii. 111. Critically review the effect of the level of detail on the accuracy / administrative effort of project cost control In your line of work/company critically evaluate the expected obstacles to gathering actual cost information.
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i Defining Control Accounts Decision Defining control accounts is crucial for effective project cost ... View the full answer
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
Posted Date:
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