Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.
Rory Woolsey
FEBRUARY 28, 2012
In a project management cycle the metrics are Planned , Implemented , Measured (actual vs. budgeted) and then reacted to, correcting for deviations by making changes to the original plan. Cost Control: In the project control loop the projects actual costs are measured against budgeted costs. If scope is wrong a project budget is wrong.
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