Continual improvement process (CIP)

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Earned value management
This method helps you keep track of how much project work you’ve accomplished compared to how much you’ve spent and how long it’s taken. It’s useful for making sure projects stay on budget and on time.

Analysing differences
This method is all about understanding why your actual costs might be different from your planned budget. It helps you spot things like changes in prices or areas where you’re not working as efficiently as you could be.

Sticking to the budget
It means regularly checking your spending against your budget. You keep a hungary phone number list regular check on what you’re shelling out and make changes if you’re overspending or exceeding your budget.

Outsourcing
Sometimes, it’s cheaper to get someone outside your business to do certain jobs. This can help you save money on things like equipment or training.


In this method, you always look for ways to bring continuous enhancements in cost control. You set goals to improve, make changes, and then see if those changes are helping you save money.