How the Anticipated Cost Report Method Helps in Managing Construction Costs

Changes are inevitable in construction and in any project. There might be costs that were not budgeted or authorized initially. A change due to differing site conditions, design errors or omissions, or a scope change due to owner’s added requirements may lead to change orders. Besides change orders, which are additions to the original contract, […]

“DO YOU BELIEVE IT?” The Question to Ask in Every Cost & Schedule Report!

I have been involved in different aspects of Project Control for over forty years, and one thing that has not changed is the pressure that Cost and Planning Engineers are put under to issue the weekly and monthly reports. One thing that I have learned however is that when you have produced the report, and […]

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 […]