The financial control of engineering projects depends on achieving time and cost criteria with the available manpower. The three variables of time, cost and manpower - in itself the work of many groups in various organizations - must be kept in harmony if effective control is to be realized. This book provides a clear and accessible account of the performance of these three variables in the planning, controlling and monitoring of a new engineering project.
Using examples from industry, the authors explain the selection, planning and control of a number of diverse engineering projects. In each case, the variables have different levels of priority and importance, and effective control stems from an appreciation of the objectives of the project. The book covers the principles of the financial control of public works, mechanical contracting and construction, by drawing on the authors' experience of project management and decision-making in a range of industrial environments.
• Notions and principles
• Selection and sanctioning
• Planning the planning
• Financial control of public works
• Financial control in mechanical contracting
• Financial control of construction
• Organization for control