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As a special feature of our blog—guest postings by experts, clients, and other professionals—please enjoy this blog entry from Donal O’Connell, Managing Director of Chawton Innovation Services Ltd.

Cost Management

Cost management is the process of planning and controlling the budget of a business, a function, or a project. Cost management is a form of management accounting that allows a business, a corporate function, or a project to predict impending expenditures to help reduce the chance of going over budget.


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