LEOPARD PROJECT CONTROLS
Cost Controlling
Certified PMP, with over 11 years of experience in Oil & Gas and Construction projects. Expert in Primavera P6, MS Project, Asana, and Zoho Projects scheduling. Authored different Project Management, Scheduling and Planning articles.
How to create a monthly Project Budget vs Actual Cost report through Primavera P6?
Oracle Primavera P6 is mostly used for project scheduling, planning, tracking, and reporting. From reporting aspect, it can help create different project reports depending on input data to Primavera P6. A variety of reports can be generated like WBS, cost, schedule, resources, risks, earned value analysis, etc. with multiple options like different time periods. The project’s Budget vs Actual Cost report is mostly prepared manually on projects due to different reasons. This report can easily be created through Primavera P6 with the highest accuracy and transparency. This blog post will cover a step-wise guide on how to create a monthly [...]
Cost Controlling in Construction Projects
Cost overrun is a serious issue in construction projects. Despite its proven importance, it is common for a construction project to fail to achieve its objective within the specified budget limits. Cost performance is one of the essential criteria to measure the project's success. Some of the strategies are presented here to keep the project on track concerning the cost constraints. 1. Accurate Project Estimates Accurate estimation of the project is the key factor controlling the project costs. Mostly the BOQs that are generated at the time of bidding are not accurate and are made based on certain assumptions. [...]