Managing Costs

Managing the cost of a project may be at least as important as managing the schedule for most project managers.

Yet the cost management functions provided by most project management packages seldom yield satisfactory results, in large part because these types of cost systems cannot cope with the wide variety of methods employed by different organizations to plan, track, and report on costs. In Open Plan, cost-related features are designed to provide basic functionality while allowing planners and managers the maximum amount of flexibility to set up cost management systems tailored for their specific environments.

Note: If you require extensive cost management and reporting features for your projects, Deltek Cobra, Deltek’s cost management software, may be more appropriate to your needs. Cobra is a powerful and sophisticated earned value management package that can use project-related data generated by Open Plan. For more information about Cobra, contact your Deltek representative.