Abstract
M.Ing.
Project cost control constitutes one of the three most important aspects in managing a
project effectively. The other two items are time and quality. In order to control the cost
aspect of a project as effectively as possible, up-to-date information is needed. This
points to a properly integrated cost control system that simultaneously supports all the
needs of project management. Fortunately in todays engineering environment, information systems have evolved to such a level that simultaneous support to all
aspects of project management is achievable. It is the goal of this thesis to investigate
how to do proper cost control and status reporting in the correct manner and as
effectively as possible by making use of modern information systems in order to
increase to productivity levels of organisations. Ways in which the cost controlling
process can be integrated with the status reporting process will be investigated.
A case study will be done in the author's own project engineering environment and
improvements to the process will be made in order to increase productivity levels in the
author's working environment.