The system is used to measure and control costs in terms of the same entities of the project as are used for planning and scheduling the activity. Costs are allocated according to the structure of the organization performing the work. The main characteristics of the concept are: it is different from most construction cost accounting systems; costs are measured and controlled on a project basis; effectiveness requires that the site management must include responsibility for expenditures; if detected periodically, all the disturbances regarding cost on the activity basis can be followed. A CPM-Cost system does not necessarily replace existing accounting systems based on organizational structure, if costs are identified with proper degree of detail.

  • Supplemental Notes:
    • Advanced Construction Estimation and Cost Control Methods, Conference Proceedings, Houston University, Texas, April 2, 1976.
  • Corporate Authors:

    University of Houston

    College of Technology
    Houston, TX  United States  77004
  • Authors:
    • Popescu, C
  • Publication Date: 1976

Media Info

  • Features: References;
  • Pagination: 35 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00163261
  • Record Type: Publication
  • Source Agency: Engineering Index
  • Report/Paper Numbers: Paper 4.1 Conf Paper
  • Files: TRIS
  • Created Date: Oct 13 1977 12:00AM