Sequencing is key in contractor project cost management process! 📊💡

Dear BIVILLEPM Community,

Sequencing is key in contractor project cost management process! 📊💡 From establishing the Project Budget, to Cost Breakdown Structure (CBS), to crafting the Project Cashflow Report and diving into the Earned Value Management (EVM) Report, the order matters.

So, the ideal sequence is: Project Budget → Cost Breakdown Structure (CBS) → Project Cashflow Report → Earned Value Management (EVM) Report.

Image By #GeorgeNWOGU

It’s the roadmap to financial clarity and project success of CONTRACTOR Side project.

#CostManagement #ProjectPlanning #Efficiency #COO #GeorgeNWOGU #BIZVILLEPM 🌐🚀

Warm regards,

Engr. George (Chìsom) ÑWÒGU (MBA, PMP®️)

Motto: Humanity First, then Smart and Green. 🚀

My name is George Nwogu, a Senior Project & Planning Manager, COO and Global Trainer from Nigeria. I’m the Founder of Bizville Project Management Limited

Services from Bizville Project Management are:

• EPC, HSE, PMT & MGT Manpower Development and Training
• Strategic PMO Solutions
• Project Handling and Contract
• Property Sales and Construction Supplies (Including Labour Manpower Supply)

Follow us on Social Media:

• Facebook | Twitter | Linkedin | Youtube | Instagram | Blog