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Topic:

Project Cost Management

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What are actual costs?

DEFINITION

Actual Costs (AC) are simply the money spent for any project work accomplished.

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Posts on this topic

Project Accounting 101: How to Track and Manage Project Finances Effectively

Project Cost Management

Project Accounting 101: How to Track and Manage Project Finances Effectively

If you're asking yourself, what is project accounting, don’t worry—this article is here to break it down and help you master the basics, so you can track and manage project finances like a pro.

Project Accounting 101: How to Track and Manage Project Finances Effectively

Jackson Row

Cost Baseline 101: How It Helps Control Project Costs

Project Cost Management

Cost Baseline 101: How It Helps Control Project Costs

Learn what a cost baseline is, how it helps track and control project costs, and why it’s important for staying on budget in project management.

Cost Baseline 101: How It Helps Control Project Costs

Jackson Row

What is a Variation Register? [Free template + tips]

Project Cost Management

What is a Variation Register? [Free template + tips]

Tracking variations is crucial for maintaining control over a project’s cost and schedule. A well-maintained variation register ensures that no changes are overlooked or unaccounted for, which helps avoid disputes, unexpected cost overruns, and delays

What is a Variation Register? [Free template + tips]

Jacob Gibbs

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