Costing
In the Open Standard
Shareef Abdul AzeezMember for 21 years
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Can any 1 tell me if costing is really possible using P3
he company i work in doesnot have a proper cost monitoring system and they say it is not posible to the required precisiion in P3
i happened to discuss more on this from people with more experience but they ll gave the same answer.
Some1 happened to say they used excel to do this but he worked in India on road works, where although the works were of high valu the projct duration was very big as suh they used costing in MS Excel where as the company where i work right now has a lot of projects and i cannot picture how they can account all this using P3
If any1 can flash some light please be very elaborate
Regrads
Sherif A Aziz
he company i work in doesnot have a proper cost monitoring system and they say it is not posible to the required precisiion in P3
i happened to discuss more on this from people with more experience but they ll gave the same answer.
Some1 happened to say they used excel to do this but he worked in India on road works, where although the works were of high valu the projct duration was very big as suh they used costing in MS Excel where as the company where i work right now has a lot of projects and i cannot picture how they can account all this using P3
If any1 can flash some light please be very elaborate
Regrads
Sherif A Aziz
3 replies
Oldest first- 0Rey Basadre ·Shareef,
Yes it is not only possible, P3 has all the utilities for costing (estimating up to monitoring)), used it many times in my projects in fact. The numbers may not be as accurate as accounting figures but for purposes of control and immediate feedback to management it is very effective.
To elaborate it here would be very lengthy, sorry.
Rey
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