Category: Project controlling

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Cost Control

8 ways to increase project profits by using purchase orders

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

October 16, 2024

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Purchase order

Purchase Orders vs. Purchase Requisitions

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

September 10, 2024

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Cost Control

Cost control in projects: Best practices and pitfalls

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

August 5, 2024

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Procurement

7 benefits engineering companies get from purchase order systems

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

July 8, 2024

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Cost Control

How to ensure an effective procurement process for projects in your company

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

June 3, 2024

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Cost Control

Effective Cost Control in construction projects

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

May 7, 2024

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Purchase order

5 Common Challenges of Not Using Purchase Orders in Projects

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

September 5, 2023

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Cash-Flow

What is commitment accounting?

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

May 24, 2023

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Business

What is a Cost Breakdown Structure (CBS) and why is it important?

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

April 21, 2023

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Project controlling

6 steps to keep your project budget on track

6 steps to improve your project controlling Financial project management can be a real challenge. Especially if you have...

December 8, 2021

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Business

Why you should reconsider using Excel for project controlling

Spreadsheets like Excel are widely used by businesses for different tasks and are for many reasons a tool that...

March 5, 2021

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