Project costs management 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. Budget determination
  3. Control of project costs

The option Costs in Kendo Manager 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