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How is cost control related to project control of a project? are they similar? in what aspects of managing projects?

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تم إضافة السؤال من قبل Joefil C. Jocson , CEO/President , Dyas Construction and Management Consultants
تاريخ النشر: 2013/10/01
Mohammad Tohamy Hussein Hussein
من قبل Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

I see that cost control is an integral part of the project control. A successful project is the one which achieves its goals within time and within budget.

Any cost deviations must be approved by management and customer(s) before accepting it.

مستخدم محذوف‎
من قبل مستخدم محذوف‎

They are different with a similar objectives to achieve the desired project outcome;

1/ Project control, deals with project priorities and relevant aspects to control uses data from monitoring activity to bring actual performance to planned performance whereas;

 

2/ Project cost control; organise, control the resources available, predict and pre-empt problems by coordination and communications between the project participants.

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