Changes

* Create a monthly monitoring framework (cf '''''Topsheet''''' section)

* Create a monthly monitoring framework (cf '''''Topsheet''''' section)

=== '''''Budget Breakdown and Monthly Reporting''''' ===

=== Budget Breakdown and Monthly Reporting ===

The production team responsible for the project is committed to forecasting end-of-work expenses that we can call the Objective. The Objective is an intangible reference which represents the common commitment of the production. Every month, the cost controller will compare the reality of expenditure to this initial forecast and present it on a topsheet. This reporting will make it possible to:

The production team responsible for the project is committed to forecasting end-of-work expenses that we can call the Objective. The Objective is an intangible reference which represents the common commitment of the production. Every month, the cost controller will compare the reality of expenditure to this initial forecast and present it on a topsheet. This reporting will make it possible to:

* Decide on actions to influence the trajectory in order to achieve / improve the objectives set

* Decide on actions to influence the trajectory in order to achieve / improve the objectives set

==== '''''Cost Codes''''' ====

==== Cost Codes ====

Once he possesses the budget breakdown, the cost controller needs to allocate each category of costs with an analytical code that will help him to allocate all the costs in front of the right budget. The breakdown can be more or less precise, depending on the level of cost analysis desired. An example of the breakdown is given on the right:

Once he possesses the budget breakdown, the cost controller needs to allocate each category of costs with an analytical code that will help him to allocate all the costs in front of the right budget. The breakdown can be more or less precise, depending on the level of cost analysis desired. An example of the breakdown is given on the right:

[[File:Cost codes.png|thumb|Cost code example]]

[[File:Cost codes.png|thumb|Cost code example]]

==== '''''Topsheet''''' ====

==== Topsheet ====

The topsheet is the main document of the monthly reporting = it synthetizes the results at the stage and at the end of the works and compares it with the budget.

The topsheet is the main document of the monthly reporting = it synthetizes the results at the stage and at the end of the works and compares it with the budget.

[[File:Topsheet.png|center|thumb|532x532px|Topsheet example]]

[[File:Topsheet.png|center|thumb|532x532px|Topsheet example]]

==== '''''Purchase Requisition Procedure''''' ====

==== Purchase Requisition Procedure ====

===== Overall Process Summary =====

===== Overall Process Summary =====

Making engineers and site managers aware of the expenses and sensitize them about importance of cost management gives momentum to the project and allows everyone to look in the same direction in order to get the project out in the best possible way.

Making engineers and site managers aware of the expenses and sensitize them about importance of cost management gives momentum to the project and allows everyone to look in the same direction in order to get the project out in the best possible way.

=== '''''Monthly cost control meeting''''' ===

=== Monthly cost control review ===

Goal:

Goals:

* Analyze figures

* Analyze figures