Define Cost Control Wikipedia. Here are five cost control methods that allow a company to maintain and track its overall costs: You select the cost object dimension for which you want to control.
cost management involves estimating the financial activities of a business or project, while cost control seeks to change that activity through adjustments and. It represents efforts made towards achieving a. cost control occupies an important position in the management of cost.
You select the cost object dimension for which you want to control. These efforts might be part of a formal,. First, the project manager understands the baseline. Delineation of centers of responsibility:
