Business Management White Papers

Modern Cost Management

Overview The art of project management has become very sophisticated. In the past, if you kept a schedule, you were doing "sophisticated" project management. Now, you have to manage much more than just a schedule. You must also ensure that the project is profitable to the company.

Today, answers to the following questions have become essential. How many of them can you answer about your project?
· What is the projected profit?
· What is the return on the investment?
· When will the break-even point occur?
· Do you have adequate cash flow or funding?
· How much of the contingency will become profit?
· What is it really going to cost to finish this project?
· Should you cancel the project? If so, what will it cost to cancel it?

Further White Paper Details
PublisherWelcom File FormatPDF, requires Acrobat Rdr 5
Date PublishedAugust 2003
FormatWhite Papers   
Topics

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