Cost Management and Control Will Enhance Your Ability to
ACCOMPLISH YOUR MISSION 
Whether Your Mission is:
  Governmental
  Business or
  Personal

Survival in nature requires cost effectiveness. There is no free lunch for anything living.

Complex organizations commonly have core functions and centralized overhead support functions tasked to aid all core functions.

Benchmarking is not a cost management paradigm. Imagine looking at the fruit in the illustration and determining which is best.

This blog is a continuation of the story started in the Fraudulent Managerial Costing blog.

Costing that confuses, hides, distorts, or implies many digits of accuracy is fraudulent from the perspective of management information.

Organization based control extends that accountability of the org chart to cost management and continuous improvement.

The After Action Review (AAR) is a learning opportunity that is at the heart of effective cost management and control.

The logical extension of the demand curve as cost falls to zero is that demand becomes infinite!

Cost management and combat have a number of similarities. First both represent a struggle to achieve a mission.

Another common misconception is that budget management is the same things as cost management.

Many people seem to think the budget drives the mission. This is patently untrue. It is the spending the drives the mission.

The four requirements for effective cost management are manager, support staff, coherent process and managerial cost information. Each...

A constructive After Action Review of cost and performance seeks to understand the actual results and drive action that leads to improvement

Would you like to spend more on needed things? We are not talking about getting a pile of cash and setting it afire or wasting it.