Tag Archives: work breakdown structure

Cost Management Solutions (1)

There are two concepts which are central to change management and contracts management on projects: Cost Attribution and Cost Segregation. ┬áThese concepts relate to a systemic thinking of costs and promote a proactive approach to the treatment of costs including … Continue reading

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Common Cost Control Problems on Construction Projects

Here is a list of common cost control problems found on construction projects: Improper estimates, standards and budgeting techniques. Unrealistic budgets. Activities started or completed out of sequence. Inadequate WBS (Work Breakdown Structure) or insufficient WBS detail. Lack of management … Continue reading

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