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Project Cost Management Processes

Project Cost Management Processes: Everything You Need to Know

Effective project cost management is vital for success, but keeping costs in check is often easier said than done.   An analysis of almost 1,500 projects revealed that 27% had overruns. Over 15% of projects will have a 200% cost overrun and suffer miserably.    These failures often stem from poor planning, inaccurate cost estimates, and a lack of ongoing …

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Project cost management process
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