Description:Project owners rely on project reports in order to make decisions. A number of projects will also carry specific contract terms for cost reporting, on which the project funding is dependent. However, reporting is often inadequate for this purpose. For example, there may be too much or too little information, which confuses the Board or executives. Data may be misrepresented, incomplete, unrecognized, not validated, or simply inaccurate. Owner oversight of projects requires accurate, timely, and relevant status reporting, yet all too often it is not provided. Project Cost Recording and Reporting explains the fundamental difference between and the challenges of reconciling project cost management with traditional business accounting. The author then explains how to develop a reporting style that is appropriate to the different stakeholder types and their needs (decision-making, governance, planning etc) as well as the different stages of the lifecycle and the type of project. She also includes chapters on software for bridging the finance and project control; its limitations and the risks associated with it; as well as data validation, communication and developing a report. Cost recording and reporting is at the heart of ensuring trust amongst stakeholders; enabling the right decisions from senior management; securing funding, demonstrating governance and, quite simply, making sure that your projects are delivering the required return on investment. This book is essential reading for practitioners and students of project management, cost control and accountancy.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Project Cost Recording and Reporting (Fundamentals of Project Management). To get started finding Project Cost Recording and Reporting (Fundamentals of Project Management), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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ISBN
1000757420
Project Cost Recording and Reporting (Fundamentals of Project Management)
Description: Project owners rely on project reports in order to make decisions. A number of projects will also carry specific contract terms for cost reporting, on which the project funding is dependent. However, reporting is often inadequate for this purpose. For example, there may be too much or too little information, which confuses the Board or executives. Data may be misrepresented, incomplete, unrecognized, not validated, or simply inaccurate. Owner oversight of projects requires accurate, timely, and relevant status reporting, yet all too often it is not provided. Project Cost Recording and Reporting explains the fundamental difference between and the challenges of reconciling project cost management with traditional business accounting. The author then explains how to develop a reporting style that is appropriate to the different stakeholder types and their needs (decision-making, governance, planning etc) as well as the different stages of the lifecycle and the type of project. She also includes chapters on software for bridging the finance and project control; its limitations and the risks associated with it; as well as data validation, communication and developing a report. Cost recording and reporting is at the heart of ensuring trust amongst stakeholders; enabling the right decisions from senior management; securing funding, demonstrating governance and, quite simply, making sure that your projects are delivering the required return on investment. This book is essential reading for practitioners and students of project management, cost control and accountancy.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Project Cost Recording and Reporting (Fundamentals of Project Management). To get started finding Project Cost Recording and Reporting (Fundamentals of Project Management), you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.