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cost management and control

Cost Control vs. Cost Management

What is the difference between cost control and cost management? Cost management and cost control are two terms that often get mixed up. If you think about the words, what sounds better? Would you rather be in control or managing your costs?   It turns out that cost management and cost control really are two different things, and yet they are equally important […]

Top 5 Skills of a Cost Controller

Summary: Have you ever been in a project that finished over budget, and nobody could explain exactly why? Have you ever seen a cost report in a project that only showed the budget versus the expenditures? Have you ever published, or seen a cost report, and had no clue what the cost metrics meant? If […]

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