Cost Control

15.0 Introduction 565

15.1 Understanding Control 569

15.2 The Operating Cycle 572

15.3 Cost Account Codes 573

15.4 Budgets 580

15.5 Variance and Earned Value 580

15.6 Recording Material Costs Using Earned Value Measurement 598

15.7 The Material Accounting Criterion 601

15.8 Material Variances: Price and Usage 602

15.9 Summary Variances 603

15.10 Status Reporting 604

15.11 Cost Control Problems 610

Problems 612 Case Study

The Bathtub Period 623

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Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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