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Cost engineering is "the engineering practice devoted to the management of project cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis". [1] ". Cost Engineers budget, plan and monitor investment projects. They seek the optimum balance between cost, quality and time requirements."
Website. https://bpip.go.id. The Pancasila Ideology Development Agency (Indonesian: Badan Pembinaan Ideologi Pancasila, BPIP) is a non-ministerial government agency formed by the Indonesian government in 2018 with Presidential Decree No.7/2018. The agency was tasked with the main task of preserving Pancasila, the state ideology, and its ...
The International Cost Engineering Council(ICEC) is a nonpolitical, nonprofit organization. ICEC’s objective is to promote cooperation between cost engineering, quantity surveying, and project management organizations. This is a global and local initiative to ensure the shared well-being of the organization and that of its members.
e. Cost accounting is defined by the Institute of Management Accountants as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, allocating, aggregating and reporting such costs and comparing them ...
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 ...
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A cost centre is a department within a business to which costs can be allocated. The term includes departments which do not produce directly but they incur costs to the business, [1] when the manager and employees of the cost centre are not accountable for the profitability and investment decisions of the business but they are responsible for some of its costs.
Chartered Cost Accountant (CCA) is a cost accounting or cost control professional designation offered by the American Academy of Financial Management.The CCA is a Graduate from Post Nominal (GPN) that is only available for accountants with an accredited degree, MBA, CPA, Chartered Accountant License, law degree, PhD or specialized executive training.