The key to effective cost control is to analyse cost performance on a regular and timely basis.
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Q3: In many cases, there will be a
Q4: If you put off corrective actions until
Q5: The worst scenario from the contractor's point
Q6: The key to managing cash flow is
Q7: It is good practice to have the
Q8: Cost estimates should be unreasonable and excessive.
Q11: Labour costs in the project costs estimate
Q12: Committed costs are also known as discharged
Q15: Materials costs in the project costs estimate
Q17: It is important to manage the cash
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