Implement cost control basics in construction

Cost control helps ensure that the project stays within budget by tracking actual costs, changes, and forecasts. This video introduces key cost control concepts and shows how they connect to scheduling and earned value.
 
After completing this video, you’ll be able to:
  • Identify components of a cost control system.
  • Explain how budget, cost, and schedule data interact.
  • Recognize the value of tracking cost performance over time.

Video quiz

Which of the following are the four main components of a construction cost control system?

(Select one)
Select an answer

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