Cost Management plan

Estimating and establishing control over costs is the key to success of each project. For this reason, the cost management plan is an important part of each project. Project costs management in Kendo Manager includes all the necessary processes which provide the fulfillment of all the obligations of project team in line with approved budget.

Costs managements implies:

  1. Planning of project costs 
  2. Create cost management plan
  3. Budget determination
  4. Control of project costs

Kendo Manager project management software with option Costs gives you the opportunity to monitor the project costs in primary (basic) currency, as well as in the alternative (international) currency. The option Alternative project costs is  an auxiliary mean for analysis and project costs tracking.  Calculation  of alternative project costs (costs converted to other currency) is automatically process based on imported currency exchange rate which is previously defined in Code table.

Project cost list

Cost form

Cost in alternative currency

Exchange rate