Project Cost Management includes the processes involved in estimating, budgeting, and controlling costs so that the project can be completed within the approved budget. Figure 7-1 provides an overview ...

To help make sense of it all, let's look at how the cost for a major upgrade project in an existing plant gets put together. For the sake of argument, the scope will involve replacing an old ...

An automated, standards-based documentation process saves time and cost while increasing quality. The production of design and engineering documents for automation projects is expensive and time ...