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In Euro some organizations began to make a separate department called "cost saving" What is the difference between cost management and cost saving?‎

In Euro some organizations began to make a separate department called "cost saving" What is the difference between cost management and cost saving?‎

What Does it Mean Cost saving through Conversion Models?‎

 

Answer added by  Deleted user
10 years ago

 cost management is the reason behind cost saving

What is the penalty of not saving files on a desktop system?‎

 

Answer added by  Mohammad Tohamy Hussein Hussein, Chief Executive Officer & ERP Architect, Egyptian Software Group
10 years ago

Cost management is managing costs to maintin them within the standard cost model of the business. Cost saving is reducing costs below the standard cost level.

 

Answer added by  Lesley Anne Tampoc , Teaching and Learning Assistant, Brighton College Al Ain
10 years ago

Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting that allows a business to predict ... See More

 

Answer added by  Wasim Khalil Mustafa Ali PMP®, Consultant, Malomatia
10 years ago

thank you for question saving cost could be also by looking for hidden cost in the project

 

Answer added by  Ahamed Shareef, Divisional Head - Quality Assurance, Apollo Tyres Ltd
10 years ago

Agree with Khirani

 

Answer added by  Raafat Sallam, Organizational Development and Training Consultant, Training Centers, Marketing Organizations.
10 years ago

Agree with Mr. Muhammad Latif Khirani  

 

Answer added by  Muhammad Latif Khirani, Financial Consultant, Bifringence (International Consulting Firm)
10 years ago

  Cost management:    Cost management is like wringing out a wet towel. The biggest reaction is obtained first, but we must keep wringing. Even when the towel appears dr ... See More