Definitions for "Cost Management"
The function required to maintain effective financial control of a project through the processes of evaluating, estimating, budgeting, monitoring, analyzing, forecasting, and reporting the cost ...
the effective financial control of the project through evaluating, estimating, budgeting, monitoring, analysing, forecasting and reporting the cost information.
is the development cost forecasts and tracking them against budgets, contracts, and expenditures over a timeline.
All the procedures, tasks and deliverables that are needed to fulfill an organization's costing and charging requirements.
All the procedures, tasks and deliverables that are needed to fulfil an organisation's costing and charging requirements.
Management of appropriations, allocations and apportionments.
Cost management is the process whereby companies use cost accounting to report or control the various costs of doing business.
Keywords:
containment, see
See cost containment.