Tag: cost control

What is a Cost Breakdown Structure (CBS)? Why is it important?

When it comes to project cost controlling a critical part of it is to have a structure for estimating and following up project costs. A solid structure makes is easier to control and understand how your project is tracking against the planned budget. This article describes what a Cost Breakdown Structure (CBS) is and why… Continue reading What is a Cost Breakdown Structure (CBS)? Why is it important?

Construction Cost Management Guide

The Four Major Steps of Cost Management Following The Project Management Body of Knowledge (PMBOK), which is the guide considered to be the bible of project management theory, reffers to cost management as a four processes operation. As a construction project starts from scratch to develop, the sequence that follows brings the project from the planning… Continue reading Construction Cost Management Guide

Cost Control & Expense Control Tips

If you want to understand cost control, it is necessary to understand why it is used: monitoring expenses and identifying risks in order to increase profits. Do not be confused with cost management, cost control has its own way of operations and objectives that can save businesses money and give profit. What Is Cost Control?… Continue reading Cost Control & Expense Control Tips

Rabio – The Dashboard

While a project is running it is critical for management to have an accurate look on the status and has access to the core of data. Rabio comes with a variety of advanced reports & views than can help management on all levels. Project management, cost control department, planning department, all can benefit from the… Continue reading Rabio – The Dashboard

Project Cost Control Software

Cost control is an essential procedure for any projects-driven organization, but you can’t reduce budget overages without access to the right data at the right time. Is it possible to predict where you are headed without an accurate picture of where you are now? Rabio provides an easy access to cost control project data through… Continue reading Project Cost Control Software

Construction Budgeting Reports

In this post we are sharing a pdf file with Sample Reports from Rabio. Reports are produced from the Construction Demo Project which is available 24/7 here. Construction Project Demo The construction demo project in Rabio is based on a hypothetical bridge construction project. Typically it is a cost control data system used to control… Continue reading Construction Budgeting Reports

Fleet Management

What is Fleet Management? Businesses that use transportation implement fleet management system in order to control costs, productivity, fuel management, and compliance. A good fleet management has to be comprised of several different tasks to keep vehicles and operations running without problems. Best practices involve the use of new technology solutions and specialized software to… Continue reading Fleet Management

History of Rabio

As almost everything in life, Rabio is having a history behind it. Before Rabio even existed as an idea, there were many years of experience on software projects using the cost breakdown structure (CBS). The Beginning It all started more than 20 years ago while working on software projects powered by Oracle databases and utilities… Continue reading History of Rabio

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