Project Cost Management and Cost Trend Analysis

Project Cost Management and Cost Trend Analysis PDF Author:
Publisher: GRIN Verlag
ISBN: 3668081247
Category : Business & Economics
Languages : en
Pages : 15

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Book Description
Document from the year 2015 in the subject Business economics - Investment and Finance, grade: 1,3, University of Applied Sciences Bergisch Gladbach, language: English, abstract: This thesis deals with several aspects of project cost management with a focus on “Cost Trend Analysis”. First it shall give the reader a short explanation of the term “cost management” and the necessity of this process. In addition to that, the text describes the three steps of cost management in projects. Those are cost estimating, cost budgeting and cost control. The cost control tool “Cost Trend Analysis” is described and reviewed in more detail so that the reader gets the ability to create a critical view individually. Finally the thesis summarizes the findings in a conclusion. It is no rarity, that the costs of a project exceed pre-estimated budgets. The origin of this exceeding often lays in the complexity of estimating, budgeting and controlling costs. Therefore cost management is an inevitable part of project management.

Cost and Value Management in Projects

Cost and Value Management in Projects PDF Author: Ray R. Venkataraman
Publisher: John Wiley & Sons
ISBN: 1118174186
Category : Technology & Engineering
Languages : en
Pages : 256

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Book Description
Cost and Value Management in Projects provides practicing managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them, and the managerial approaches that would be most effective for achieving cost efficiency and value optimization. This book addresses cost from a strategic perspective, offering thorough coverage of the various elements of value management such as value planning, value engineering and value analysis from the perspective of projects.

Project Management for Construction

Project Management for Construction PDF Author: Chris Hendrickson
Publisher: Chris Hendrickson
ISBN: 0137312660
Category : Construction industry
Languages : en
Pages : 425

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Book Description


COST MANAGEMENT

COST MANAGEMENT PDF Author: NARAYAN CHANGDER
Publisher: CHANGDER OUTLINE
ISBN:
Category : Political Science
Languages : en
Pages : 88

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Book Description
THE COST MANAGEMENT MCQ (MULTIPLE CHOICE QUESTIONS) SERVES AS A VALUABLE RESOURCE FOR INDIVIDUALS AIMING TO DEEPEN THEIR UNDERSTANDING OF VARIOUS COMPETITIVE EXAMS, CLASS TESTS, QUIZ COMPETITIONS, AND SIMILAR ASSESSMENTS. WITH ITS EXTENSIVE COLLECTION OF MCQS, THIS BOOK EMPOWERS YOU TO ASSESS YOUR GRASP OF THE SUBJECT MATTER AND YOUR PROFICIENCY LEVEL. BY ENGAGING WITH THESE MULTIPLE-CHOICE QUESTIONS, YOU CAN IMPROVE YOUR KNOWLEDGE OF THE SUBJECT, IDENTIFY AREAS FOR IMPROVEMENT, AND LAY A SOLID FOUNDATION. DIVE INTO THE COST MANAGEMENT MCQ TO EXPAND YOUR COST MANAGEMENT KNOWLEDGE AND EXCEL IN QUIZ COMPETITIONS, ACADEMIC STUDIES, OR PROFESSIONAL ENDEAVORS. THE ANSWERS TO THE QUESTIONS ARE PROVIDED AT THE END OF EACH PAGE, MAKING IT EASY FOR PARTICIPANTS TO VERIFY THEIR ANSWERS AND PREPARE EFFECTIVELY.

Application of Mathematics and Optimization in Construction Project Management

Application of Mathematics and Optimization in Construction Project Management PDF Author: Hêriş Golpîra
Publisher: Springer Nature
ISBN: 3030811239
Category : Technology & Engineering
Languages : en
Pages : 261

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Book Description
This book provides a broad overview of project and project management principles, processes, and success/failure factors. It also provides a state of the art of applications of the project management concepts, especially in the field of construction projects, based on the Project Management Body of Knowledge (PMBOK). The slate of geographically and professionally diverse authors illustrates project management as a multidisciplinary undertaking that integrates renewable and non-renewable resources in a systematic process to achieve project goals. The book describes assessment based on technical and operational goals and meeting schedules and budgets.

Industrial Project Management

Industrial Project Management PDF Author: Stefano Tonchia
Publisher:
ISBN: 9783662563298
Category : Construction contracts
Languages : en
Pages :

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Book Description
This rigorously academic book describes - in a precise but practical way - the most recent principles and techniques of project management, at the highest international standards, with a fully company-wide, process-based, multi-project approach.

Integrated Cost-Schedule Risk Analysis

Integrated Cost-Schedule Risk Analysis PDF Author: Dr David Hulett
Publisher: Gower Publishing, Ltd.
ISBN: 1409459101
Category : Business & Economics
Languages : en
Pages : 241

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Book Description
Project managers tend to believe their cost estimates - whether they have exceeded budgets in the past or not. It is dangerous to accept the engineering cost estimates, which are often optimistic or unrealistic. Though cost estimates incorporate contingency reserves below-the-line, these estimates of reserves often do not benefit from a rigorous assessment of risk to project costs. Risks to cost come from multiple sources including uncertain project duration, which is often ignored in cost risk analyses. In short, experience shows that cost estimating on projects is rarely successful - cost overruns routinely occur. There are effective ways to estimate the impact on the cost of complex projects from project risks of all types, including traditional cost-type risks and the indirect but often substantial impact from risks usually thought of as affecting project schedules. Integrated cost-schedule risk anlaysis helps us determine how likely the project will go over budget with the current plan, how much contingency reserve is required to achieve a desired level of certainty, and which risks are most important so the project manager can mitigate them and achieve a better result. Integrated Cost-Schedule Risk Analysis provides solutions for these and other challenges. This book follows on from David Hulett's highly-praised Practical Schedule Risk Analysis. It focuses on the way that schedule risk can generate cost risk, and how to handle this relationship. It also applies the Risk Driver Method to the analysis so that you can clearly and transparently identify the key risks, rather than just the most risky cost line items. With detailed worked examples and over 70 illustrations, Integrated Cost-Schedule Risk Analysis offers the definitive guide to this critically important aspect of project management from surely the world's leading commentator.

Construction Cost Management

Construction Cost Management PDF Author: Keith Potts
Publisher: Routledge
ISBN: 1135013454
Category : Technology & Engineering
Languages : en
Pages : 388

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Book Description
In this updated and expanded second edition, Keith Potts and Nii Ankrah examine key issues in construction cost management across the building and civil engineering sectors, both in the UK and overseas. Best practice from pre-contract to post-contract phases of the project life-cycle are illustrated using major projects such as Heathrow Terminal 5, Crossrail and the London 2012 Olympics as case studies. More worked examples, legal cases, case studies and current research have been introduced to cover every aspect of the cost manager’s role. Whole-life costing, value management, and risk management are also addressed, and self-test questions at the end of each chapter support independent learning. This comprehensive book is essential reading for students on surveying and construction management programmes, as well as built environment practitioners with cost or project management responsibilities.

Project Management

Project Management PDF Author: Harold Kerzner
Publisher: John Wiley & Sons
ISBN: 0470503831
Category : Technology & Engineering
Languages : en
Pages : 1138

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Book Description
The landmark project management reference, now in a new edition Now in a Tenth Edition, this industry-leading project management "bible" aligns its streamlined approach to the latest release of the Project Management Institute's Project Management Body of Knowledge (PMI®'s PMBOK® Guide), the new mandatory source of training for the Project Management Professional (PMP®) Certificat-ion Exam. This outstanding edition gives students and professionals a profound understanding of project management with insights from one of the best-known and respected authorities on the subject. From the intricate framework of organizational behavior and structure that can determine project success to the planning, scheduling, and controlling processes vital to effective project management, the new edition thoroughly covers every key component of the subject. This Tenth Edition features: New sections on scope changes, exiting a project, collective belief, and managing virtual teams More than twenty-five case studies, including a new case on the Iridium Project covering all aspects of project management 400 discussion questions More than 125 multiple-choice questions (PMI, PMBOK, PMP, and Project Management Professional are registered marks of the Project Management Institute, Inc.)

Delivering Effective Projects

Delivering Effective Projects PDF Author: George Glover
Publisher: Enlighten Publications
ISBN:
Category : Architecture
Languages : en
Pages : 270

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Book Description
Delivering Effective Projects Project management is a complex and demanding field that requires careful attention to a variety of different areas. The success of a project often depends on how well project managers can navigate the various challenges they face in areas such as leadership and team management, governance and oversight, and planning and control. You will learn how to deliver: Effective Leadership and Management Leading with Vision: Empowering Teams and Achieving Project Success Establishing and Developing Effective Teams to Achieve Project Success Maintaining a Positive and Engaged Team: The Role of Conflict Management Mastering the Logical Approach to Problem-Solving: Achieving Project Objectives with Valid Information, Logical Steps, and Informed Decisions. Effective Decision-Making in Project Management Effective Communication with Stakeholders for Successful Project Delivery Mastering Negotiation Skills for Project Success Effective Governance and Oversight Establishing and Maintaining Effective Governance Structures for Project Alignment with Organisational Practice Managing Deviations from a Project Plan: Utilizing Reliable Information to Inform Reviews Navigating Change: Best Practices for Managing Change Control Processes and Protocols Strategies for Effective Stakeholder Management in Project Management Maximizing Project Success: Strategies for Delivering Intended Benefits Effective Planning and Control Mastering Project Cost Management Mitigating Risks and Maximizing Opportunities Managing Project Issues: Strategies for Effective Response and Review Developing and Implementing an Integrated Plan for Effective Project Management Ace Your Project Management Exam: Tips and Strategies for Effective Studying Effective project management is an essential skill for success in both professional work and academic pursuits. However, the concepts and theories taught in project management courses can sometimes seem abstract and disconnected from the real world. This is where "Delivering Effective Projects" comes in. Written by George Glover, a seasoned consultant project manager with over 25 years of experience, this book provides a comprehensive guide to understanding and utilizing project management principles in real-world contexts. The book is divided into three parts, each with a specific focus on leadership and management, governance and oversight, and planning and control. Within each part, readers will find a wealth of practical advice and insights, as well as tips and strategies for success. Whether you are a working professional seeking to improve your project management skills, or a student looking to better understand the concepts and theories of project management, this book has something to offer. And for those preparing for project management exams, the final chapter provides valuable hints and tips to help you succeed. Overall, "Delivering Effective Projects" is an invaluable resource for anyone looking to improve their project management skills and achieve success in their professional or academic pursuits. With its focus on real-world context and practical advice, this book is sure to become an essential reference for project managers at all levels of experience and expertise.