Project Financial Management and financial control is an area that many companies under-emphasize. Especially those that are not familiar with project cost control management methods. To do this well requires a fusion between the Company's Accounting organization and the Project Manager or Practice Leader for the project(s) that need to be controlled. I have seen many situations where companies have failed to effectively plan for solid control, and ended up spending far more or making far less on their project(s) than anticipated. Often...
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