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Topic: Cost management

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	Cost Management
		The project cost management knowledge area includes processes to ensure that a project is completed on time and within budget.
		The sum of the approved cost estimates for activities scheduled to be performed during a given period.
		The Cost Variance is the difference between the estimated cost of an activity and the actual cost of that activity.
	www.yancy.org /research/project_management/cost.html (2754 words)

	A Simple Profit Planning and Cost Management System for Small Sawmills
		This profit planning and cost management system is an organized method of collecting and analyzing mill operating information for the purpose of providing you, the mill manager, with the information you need to effectively manage your sawmill business.
		This profit planning and cost management system is based on the development of standards for the key costs and revenues in the business and the regular comparison of actual costs and revenues to the standards.
		Cost and revenue standards are those costs and revenues you should expect if your mill is operating at currently attainable efficiency.
	www.extension.umn.edu /distribution/naturalresources/DD6075.html (3767 words)

	Cost Management Articles
		British entrepreneurs and pre-industrial revolution evidence of cost management.
		Calculating the total cost of ownership of utilities: A case of interfirm cost management.
		Cost management and pricing decisions in the presence of quality cost information: An experimental study with marketing managers.
	www.maaw.info /CostManagementArticles.htm (806 words)

	Cost management - Wikipedia, the free encyclopedia
		Cost management is the process whereby companies use cost accounting to report or control the various costs of doing business.
		Information from accounting systems helps managers make such decisions, but the information and the accounting systems themselves are not cost management.
		The planning and control of costs is usually inextricably linked with revenue and profit planning.
	en.wikipedia.org /wiki/Cost_management (243 words)

	Journal of Cost ...
		Managing the transition to the factory of the future.
		CMP and managing indirect costs in the eighties.
		The pursuit of excellence in HR management at the U.S. Journal of Cost Management (January/February): 21-28.
	www.maaw.info /JournalofCostManagement.htm (4866 words)

	CareerAge - Cost & Management Accountants career information
		Cost and management accountancy in particular is one subject which deals with this problem and helps in evaluating and managing costs.
		Cost and management accounting helps in planning, monitoring and controlling the cost and price of a product or a service.
		Cost and management accountants evaluate the operating efficiency and effectiveness of production and service management by collecting, compiling, organising, verifying, comparing and analysing information from different departments of the organisation.
	www.careerage.com /resources/career_choices/finance/costacc.shtml (933 words)

	Cost Management Consultants - Our Services
		The complexity of provisioning rate plans, lack of effective means of cost verification, obscure billing templates by carriers, and the absence of trained billing specialists at the company level contribute to this problem.
		Cost Management Consultants is an experienced utility auditing firm that exists solely to reduce your telephone and energy bills.
		One of the many challenges in business today is how to manage costs from technical services such as telecommunications and energy.
	www.costmanagement.net /services.html (403 words)

	Cost Management Group -Services page (Site not responding. Last check: 2007-10-17)
		Cost Management Group professionals have a comprehensive background in supply chain management, procurement, manufacturing, logistics and systems and are experienced with the complexities and pressures of business.
		Cost Management Group believe that procurement and sourcing is vital to the overall organisation and its success.
		Cost Management Group helps clients realise the full value of their enterprise solutions by ensuring organisational needs are met, efficient processes are executed, and users are trained to effectively use the system.
	www.costmanagement.co.nz /services.html (1143 words)

	Cost Management Corporation (Site not responding. Last check: 2007-10-17)
		Cost Management Corporation, founded in 1982 by Thomas P. Pasquine, a national management consulting firm specializing in unemployment tax control and peripheral areas was founded to aid employers in minimizing escalating unemployment expenses and costly terminations.
		Cost Management extends to its clients the most complete cost control program available with emphasis on U.C. claim auditing, direct personal client contact, and unsurpassed knowledge of unemployment statutes.
		Our staff of professional unemployment compensation managers are proficient in local as well as national regulations and are available to every client on an ongoing basis.
	www.costmanagementcorp.com (104 words)

	Cost management & quantity surveying services to the construction industry (Site not responding. Last check: 2007-10-17)
		Gardiner and Theobald's approach to cost management is based on the use of modern, sophisticated tools and techniques and, combined with excellent training, enables us to provide high levels of client service.
		We are able to offer our clients cost management advice in all aspects of construction, fit out, engineering services and information technology installations.
		Our approach to cost estimating and the preparation of capital expenditure budgets recognises these stages and adopts appropriate procedures to provide relevant, usable and understandable advice.
	www.gardiner.com /Services/cost_management.asp (459 words)

	C3MG: CONSTRUCTION COST MANAGEMENT SERVICES
		Cost Management is a comprehensive program of accurate cost estimating, Scheduling, plus project management and tracking.
		Through our cost management approach, cost control during the planning and design phases is achieved by focusing and targeting for optimum cost effectiveness of the building systems.
		For application to construction cost estimates, project costs are inflated to the midpoint of the construction schedule for that element of work.
	www.c3mg.com /svcs/costmgmt.html (1443 words)

	aPriori - Cost knowledge before it matters (Site not responding. Last check: 2007-10-17)
		Understanding of the impact on product costs of each decision made throughout the entire product development and delivery process before these decisions are made is not only unique but essential to meet the aggressive cost containment goals of manufacturing companies in today’s competitive climate.
		Cost relevant data and the application to create, manage and share that data must be available in a single platform.
		This often results in the rediscovery of cost knowledge that is hidden or trapped in the enterprise.
	www.apriori.com (366 words)

	Construction Cost Management, Quantity Surveying and Project Management Services Brisbane
		Cost Management offers a personalised service to clients seeking independent and unbiased cost and project management advice on construction projects.
		Cost Management is a progressive, pro-active, ongoing exercise from project inception to completion which aims to provide effective assessment and management of project costs.
		We provide ongoing cost advice and financial management throughout the concept design and construction stages to ensure projects are managed in the most cost-effective manner.
	www.costmanagementptyltd.com (161 words)

	Metrus Group - Cost Management and Cost Control
		Typical across-the-board cost cutting does not distinguish between areas that add value from areas that are no longer essential.
		Our experience and research suggest that there are six major contributors to cost excess, each of which can be managed by an effective strategic measurement approach.
		Cost Management Audit -- A rapid, but comprehensive analysis of cost opportunities using surveys, on-site interviews and focus groups, trend data, and financial analysis.
	www.metrus.com /issues/cost.html (874 words)

	Cost Management
		Cost Management is the one journal that can help you develop, improve and better use your company's cost management systems.
		Many of Cost Management's advisory board members quickly point out one of the primary shortcomings of most organizations that depend on process excellence: These enterprises become immersed in so many management initiatives that they lose sight of their core capabilities and consequently demonstrate lethargic responses to rapidly changing business environments.
		If management accountants can learn to understand how perceptions of risk shape our decision making patterns, they can use the data and information at their disposal to give decision makers a new perspective for better informed choices.
	ria.thomson.com /estore/detail.asp?ID=ZMCM (1642 words)

	Cost Management
		While DSA recognizes the value of building a project on top of a strong footer, the project plan, we are also aware of the value received from management activities required during the course of the project.
		Cost control is not only the monitoring of costs and recording of perhaps massive quantities of data, but also analysis of the data to take corrective action before it is too late.
		DSA’s disciplined use of cost control is designed to put pressure on the project manager to perform exceptionally good project planning so that changes will be minimized.
	www.dsasite.com /pm_cost.htm (176 words)

	PMIPMP: Project Cost Management
		SV = EV - PV Negative cost or schedule variance means that project is behind in cost or schedule.
		Cost estimating involves defining cost estimates for tasks.
		Cost baseline refers to what is expected to be spent on the project.
	www.preparepm.com /notes/cost.html (543 words)

	Primavera Cost Management, Primavera, Project and Portfolio Management
		With new government standards and securities laws pressuring organizations to adopt stringent cost and earned value standards, many contractors now recognized the need to incorporate comprehensive cost management and earned value capabilities into their project portfolio management systems.
		Zoom In By seamlessly combining data from cost and schedule systems and adding complex burdening rates and committed costs, organizations can generate the statistically-accurate estimates at completion they need to understand and communicate project performance while there is still time to address issues.
		Cost Management is also compatible with previous versions of Primavera Enterprise and Primavera Project Planner (P3).
	www.primavera.com /partners/costmanagement.asp (524 words)

	Cost Recovery Solutions - Cost Reduction in Freight, Utilities, Healthcare, Business Tax Credits and More
		Our performance-based compensation is contingent solely on results and calculated exclusively on a share of recovered costs or new savings generated by our services.
		Analyses are completed and contracts are negotiated to maximize your company's cost control and profit performance.
		Our mission is to go beyond cost control and mine the profits of cost recovery while establishing a partnership with our clients built on trust and seamless execution.
	www.costrecoverysolutions.com (299 words)

	Strategic Cost Management
		Strategic cost management not only leads to incremental performance improvement but also to transformational change across the value chain.
		Strategic costing is viewed as part of a larger business process to influence decisions on pricing and profitability across several dimensions: product, customer, region, and distribution channel.
		Learn how your costing process aligns with industry best practices, and be on the leading edge of emerging practices such as value chain costing, shared services costing and outsourcing.
	www.imanet.org /research_costing_practice.asp (89 words)

	PetroSkills, LLC >> A World Leader in Petroleum Training
		The ability to properly manage costs is now paramount in a company’s success and even their ultimate survival.
		The course will cover costs management from the basics to the most recent events and trends in these fast evolving topics, using timely case studies and role playing techniques.
		This seminar is an introduction to Practical Cost Management techniques and the potential for helping you better understand the underlying dynamics of cost, thereby facilitating better decision making concerning products and services, work flows, capital investments, as well as the day-to-day monitoring of your business.
	www.petroskills.com /course_info.asp?courseID=566 (909 words)

	Service Cost Management
		A critical component to the success of service relationships is the ability to effectively manage service costs.
		The answer is that, without a sophisticated, automated process for service cost management, they can’t.
		Follow the links to learn more about service cost management, including the key capabilities required, and the benefits effective service cost management can deliver to service providers and enterprise shared service organizations.
	www.digitalfuel.com /products/cost_management.aspx (197 words)

	Project Cost Management
		Project cost management is presented from a project management, rather than an accounting, point of view.
		Topics are arranged in a project management process that takes participants step-by-step through project justification, project budgeting, cost allocation, tracking, analysis and reporting.
		Participants apply cost management to their own projects during the course, which is modified to include the organization's financial management systems, including policies, forms and software tools.
	www.go-projects.com /Courses/CostMgmt/costmgmt.html (291 words)

	Effective Cost Management - Event Overview (Site not responding. Last check: 2007-10-17)
		In the face of cost pressures, they slash advertising, cut travel, restrict non-essential expenditure, and even start cutting back on critical activities such as research and development.
		What is needed is a more systematic and structured approach which focuses on significant elements of cost to deal with underlying cost-contributory factors, without reducing the value created within the organisation.
		IIR’s Effective Cost Management demonstrates tools which have a value in manufacturing industry; in service sectors, in retailing and in the public sector.
	www.iirme.com /costmanagement (515 words)

	Cost Accounting Management Software by Argos Software
		It comes as part of your core accounting software and provides management reporting and control at the responsibility level in your business.
		The Cost Accounting uses Cost Centers to identify the centers of management responsibility.
		The Cost Accounting reports give you the information needed for critical decisions at the job or work order level.
	cost-accounting.argosoftware.com (349 words)

	Integrated project cost and schedule management \| AMS REALTIME Projects
		Cost and schedule integration can be an elusive capability if systems designed for one function are weak when it comes to performing the other.
		This makes management of both project costs and schedule within a single software solution a powerful reality.
		It not only supports the scheduling needs of individual project managers, but also provides built-in functionality to track all types of project costs throughout the project lifecycle.
	www.amsusa.com /products/costs.htm (324 words)

	CONSTRUCTION COST MANAGEMENT
		Cost control lets you serve clients better - and function as leader of the project team.
		This company was set up specifically to provide impartial advice on construction costing.
		We explain the various types and uses, and provide examples.
	www.constructioncostman.com (248 words)

	Everything in Moderation: Our 10th Annual Cost Management Survey - CFO Magazine - February Issue 2004 - CFO.com (Site not responding. Last check: 2007-10-17)
		Yet until recently, companies often lacked the flexibility to cut costs in concert with declining revenues, because they didn't distinguish between fixed costs and variable ones.
		In fact, the survey found that the median CMI was 83 percent that year, compared with 87 percent in 2001 and 85.3 percent in 2000.
		Essentially, he says, companies have at last put a moratorium on "overhead spending for the sake of it." And that has produced a "more-flexible cost base." As a consequence, says Yee, companies are now better able to seek the rewards of judicious investing.
	www.cfo.com /Article?article=11900 (673 words)

	International construction project & cost management - Gardiner & Theobald (Site not responding. Last check: 2007-10-17)
		This includes the management of a development and the provision of project, cost and construction management to ensure the project is completed on time and on budget.
		Gardiner and Theobald has been working internationally for over 40 years and operates worldwide through a network of offices in over 60 countries.
		Gardiner and Theobald LLP is a limited liability partnership which is registered in England and Wales with registered number 0C307124.
	www.gardiner.com (109 words)

	[No title] (Site not responding. Last check: 2007-10-17)
		To control these costs, the experienced professionals at Employers Unity design and implement programs that reduce administrative expenses, simplify management of programs, decrease claims and reduce tax rates.
		One of the most productive ways to control the cost of unemployment compensation is to avoid unwarranted claims.
		Management of unemployment compensation is shifted from clients to experienced Employers Unity professionals.
	www.employersunity.com /services/unemployment (406 words)

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