Cost Management System
Client
Back Combined
Status
In Progress
Industry
Construction
Date
2023-07-01
BCC embarked on a transformative journey to modernize its cost management system, transitioning towards a more automated and detailed framework integrated with the pricing stage. The ongoing project with the client involves continuous enhancements to ensure greater efficiency and tailor the system to meet evolving needs and changes effectively.
Applied ProMission
Expertise
- Process Introduction & Gap Analysis of existing procedures.
- Developing and implementing regulatory cost models including new procedures.
- Linking the accounting existing system to the new cost reporting system.
- Training seminar and workshop.
Client‘s Benefits
- Tailor-made solution customized to fit in with the company's requirements.
- Live systematic monitoring of planned vs actual costs per priced item.
- Dashboard to track the progress metrics.
- Gain operational efficiency by identifying which activities costs are to be controlled.
- Reduction of effort for cost report creation.
