One of the more powerful cost control processes that can be implemented on a Project is Commitment forecasting. This is a process whereby a contract owner performs an analysis of the final cost for a commitment taking into account all …
A significant aspect of managing contracts relates to ensuring that the Schedule of Values (SOV) is maintained in accordance with the contract. Prolog provides a very powerful mechanism to record variations to a contract using the Potential CO and Subcontract …
In my blog post https://gntps.com.au/2013/09/12/incurred-cost-management/ , I explained a process of how field information such as timesheets and installed quantity reports can be used to build up an estimate of uninvoiced cost in next-to-real time. While you could implement the …
Incurred Cost is a very important concept in cost control, progress measurement and earned value management. In it’s most basic form, incurred relates to how much you have done up to and including a specified date (often the end of a reporting …
There are many cases when it is useful to use MS Access as a front end to data that is stored in a SQL database. However, there are a few traps associated with this. If you get an error “This …
MS Access Linked To SQL Backend – Use of Timestamp Fields on Database you do not control Read more »