cost control


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cost control

the process of monitoring and regulating the expenditure of funds by an agency or institution. Budgets, reports, and cost-accounting procedures are performed to achieve cost control.
References in periodicals archive ?
Business IT Cost Drivers 2007 maps out Nordic company's awareness of and attitudes to IT cost drivers and cost control methods:
A structured approach to strategic planning is essential for coordinating a firm's short - and long-term mission, vision and actions, which includes cost controls.
Nokia Cost Control makes these transactions transparent with no fear of overspending.
Clearly, cost control is still king and has even increased from last year's survey.
Particularly damaging was the Clintons' failure to make the practical case for universal coverage--that it was essential for cost control.
Phillips' foreseeable earnings outlook is enhanced by firm domestic natural-gas prices, continued cost controls, and solid oil and gas production," says Eugene L.
Evaluate the health insurance plan's cost control incentives.
First, while planning does not necessarily cause successful I/S-based cost control (the two might simply go together in a well-managed facility), there is a clear connection between the two.
While this issue has not attracted the level of attention devoted to cost control and increased access for the poor, in the long term, the changing professional status of physicians is key to a successful health reform process.
Cost control documents allow the owner to understand the impact of making, and not making, financial decisions, and to retain firm control of the project.
com/research/b209a1/optimising_it_cost) has announced the addition of the "Optimising IT Cost Control 2010: Large Nordic Companies" report to their offering.
Dittmer (food management and cost control, Southern New Hampshire U.