REPORT

Tracking costs involves estimating budgets, establishing controls, measuring results, updating forecasts and maintaining continuous communication.

Project Cost Tracking & Reporting

Hayes Strategy successfully tracks and evaluates project costs using a project management approach of planning that begins in the early stages of development.

One of the most difficult tasks in project management is cost tracking and staying on top of project expenses. Tracking costs involves estimating budgets, establishing controls, measuring results, updating forecasts and continuous communication. It is an ongoing process that must commence at the onset of planning and remain in place throughout the project life cycle.