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Project Cost Management (PCM) is the dimension of project management which aims to ensure that a project is completed within its approved budget. [1] [2] It encompasses several specific project management activities including estimating, job controls, field data collection, scheduling, accounting and design, and uses technology to measure cost and productivity through the full life-cycle of ...
In project management (e.g., for engineering), accurate estimates are the basis of sound project planning. Many processes have been developed to aid engineers in making accurate estimates, such as Analogy based estimation; Compartmentalization (i.e., breakdown of tasks) Cost estimate; Delphi method; Documenting estimation results; Educated ...
ProjectLibre is a project management software company with both a free open-source desktop and an upcoming Cloud version. ProjectLibre Cloud is in beta testing. ProjectLibre desktop is a free and open-source project management software system intended ultimately as a standalone replacement for Microsoft Project.
Project management software are computer programs that help plan, organize, and manage resources.. Depending on the sophistication of the software, it can manage estimation and planning, scheduling, cost control, budget management, resource allocation, collaboration software, communication, decision-making, quality management, time management and documentation or administration systems.
Budgeted cost of work performed (BCWP) also called earned value (EV), is the budgeted cost of work that has actually been performed in carrying out a scheduled task during a specific time period. [1] The BCWP is the sum of the budgets for completed work packages and completed portions of open work packages, plus the applicable portion of the ...
Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers ...
Free and open-source software portal; This is a category of articles relating to project management software which can be freely used, copied, studied, modified, and redistributed by everyone that obtains a copy: free software (or "open-source software").
In its most basic form, capital program management software is a database that centralizes key project information related to processes, project scope, cost, and schedule. This software enables a methodical approach to data entry , process management , and information retrieval.
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