Importance of cost control in project management

Think about this — Why should an organization invest in a project if profitability would be compromised due to poor Project Cost Control?

Importance of Cost Control in Project Management

Irrespective of the nature of the project and its objectives, cost control in project management is — and would continue to be an important measure of project success.

Unfortunately, many project managers and team members are still not comfortable managing this dimension of project management — they are contented to focus on the technical aspects of their projects.

Strangely, project teams do not realize that it does not make business sense to deliver projects when cost control is not assigned top priority.

Read the full blog on Importance of Cost Control in Project Management.

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