CE 460 Chapters 12 & 15

CE 460 Chapters 12 & 15 - Too Little vs Too Much...

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CE 460 Lecture Notes Chapter 12 Project Cost Management
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Project Cost Management USES: Develop labor and equipment production and cost data in a form suitable for estimating the cost of future work Monitor the cost of ongoing project Labor and Equipment Expenses are estimated using historical data
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Accounting Codes Varies from Company to Company See Figure 12.1 Codes Equipment Labor Materials Subcontracts Field Overhead
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Accounting Company financial accounting system is starting point for project cost management Job by Job Basis Weekly / Monthly Reports
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Cost Accounting Maintenance of Detailed Job Records Project Cost Accounting – differs from usual accounting routines not necessarily in dollars and cents but labor hours, equipment hours, quantity of work accomplished
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Unformatted text preview: Too Little vs Too Much Detail Project Cost Accounting Is a management tool Reporting Labor, Material Cost, and Date for use with computer programs Equipment Expense Rental or Leased Rates and Field Operating Cost Contractor - Owned Ownership Depreciation and Investment Costs Cost of Interest Insurance Taxes Storage Operating Costs Tire/Replacement Repairs Mechanical Repairs Oil, Grease, Fuel, Operating Labor CE 460 Lecture Notes Chapter 15 Project Safety Project Safety Cost OSHA 1970 Controlling Employers Exposing Employers Role of Management in Safety Company Safety Programs Field Supervisor Attractive Nuisance...
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CE 460 Chapters 12 & 15 - Too Little vs Too Much...

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