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Costing

3 replies [Last post]
Shareef Abdul Azeez
User offline. Last seen 3 years 19 weeks ago. Offline
Joined: 19 Sep 2005
Posts: 183
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

Replies

Shareef Abdul Azeez
User offline. Last seen 3 years 19 weeks ago. Offline
Joined: 19 Sep 2005
Posts: 183
Thanx
Rey Basadre
User offline. Last seen 16 years 24 weeks ago. Offline
Joined: 5 Mar 2006
Posts: 24
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
Shareef Abdul Azeez
User offline. Last seen 3 years 19 weeks ago. Offline
Joined: 19 Sep 2005
Posts: 183
Still Waiting..............:-?