Cost Control – GNT Project Solutions

Commitment Forecasting

By gwruck Posted on September 15, 2013 Posted in Cost Control, Cost Control in Prolog

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 …

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Incurred Cost Management in Project Controls

By gwruck Posted on September 12, 2013 Posted in Cost Control

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 …

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Category: Cost Control

Commitment Forecasting

Incurred Cost Management in Project Controls