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Give an practical example of a real structure of cost management engineering department in a multi national companies ?

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Question ajoutée par Fredy Makram Labib , R&D manager , Universal for home appliances
Date de publication: 2014/03/20
Mohammad Tohamy Hussein Hussein
par Mohammad Tohamy Hussein Hussein , Chief Executive Officer & ERP Architect , Egyptian Software Group

I was not part of such a department. I know that they get invovled at the project inception phase to give the first budgetary estimates. The get involved in contractors' bid evaluations. They alo get project progress reports and get involved in any change request issued either by the owner or by any of the contractors.

Ahamed Shareef
par Ahamed Shareef , Divisional Head - Quality Assurance , Apollo Tyres Ltd

Sorry, this is not my expertise area

USAMA YOSSRY AHMED GENDIA
par USAMA YOSSRY AHMED GENDIA , Resident Engineer , ACE ARAB CONSULANT ENGINEER - MOHARM BAKHOOM

COST MANAGEMENT  AT ANY COMPANY AND ANY PROJECT IS THE CONTROL OF THE PARTELY ITEMS COST AS CONTROL IN CONCRET COST NOT INCREASE THAN ITS BADGET BY GIVEN IT TO SIBCONTRACTOR OR BY COMPANY LABORS

Raafat Sallam
par Raafat Sallam , Organizational Development and Training Consultant , Training Centers, Marketing Organizations.

We must take two analysis in cost management:

1- Contingency reserve analysis realted to known unknowns

2- Management reserve analysis realted to unknown unknowns

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