Category: Project controlling

Accurate budgeting and cost forecasting are essential for keeping projects on track and within financial limits. However, as highlighted...

Managing projects, you’ve likely experienced how a lack of control in the procurement process can lead to cost overruns,...

Estimate At Completion (abbreviated EAC) tells you what your project will look like financially at the end of your...

Have you ever faced losses due to hidden costs or unforeseen delays? Cost overruns and budget breaches are, unfortunately,...

Have you ever found yourself stuck because the purchasing process in your project becomes a bottleneck? Maybe you’ve faced...

Are you tired of your projects constantly going over budget? Keeping costs under control without compromising on quality can...

Managing purchases can be stressful. Spreadsheets and Word documents can quickly turn into a mess of numbers and notes,...

Making sure your company’s procurement process runs smoothly is like having a strong backbone for your projects. This is...

Budget overruns or cost overruns are unfortunately not unfamiliar concepts, especially for those working within the construction industry. Challenges...

5 Ways Not Using Purchase Orders Can Hurt Your Projects Purchase orders (POs) are a common way for project-based...

What is commitment accounting? Every time you order something from a supplier, you make a commitment to pay in...

What is a Cost Breakdown Structure (CBS) and why is it important? A vital part of project cost controlling...