COST ACCOUNTING

Creating ‘buckets’ of cost; Cost Breakdown Structure

COST FLOW OR COST PHASING 

Essential for determining drawdown of funds or allocation of financial resource

VALUE OF WORK DONE ANALYSIS

Assessing the cost value of tangible works done

MANAGE COST VARIATIONS

Controlling changes in costs pre and post execution phases

PROBABILISTIC COST ANALYSIS & COST CONTINGENCIES DETERMINATION

Defining Risks and computing its corresponding contingencies; utilisation and reporting of contingencies

FORECASTING PROJECT COMPLETION COST

Forecast to include potential change orders and uncertainties; contingency management 

CASH FLOW ANALYSIS

Determining the actual cash payout