Implication of Budgeting on Contemporary Project Management

It is the total sum of money allocated for the specific project for a specific period of time. The goal of the project budget is to cost control. The objective of this chapter is to give the implication of budgeting on contemporary project management. The main focus of this chapter is to discuss the introduction, history, agile approach, etc. It has a direct impact on the company's financial feasibility. The research would discuss the approaches for the projects budget estimation and various steps for cost control. There are two types of reserves against risks: one is the contingency reserve for identified risk, and the other is the management reserve for unidentified risks. The project manager needs to be aware of existing resources acquisition policies, guidelines, and procedures. The author discusses the procedures for project budgeting and methods for evaluation of project budgeting.

THE EFFECT OF COST CONTROL EFFECTIVENESS AND WORKING CAPITAL TURNOVER ON FIRM VALUE IN THE FOOD AND BEVERAGE SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE

This study aims to examine and analyze the Effect of Cost Control Effectiveness and Working Capital Turnover on Firm Value as an intervening variable. The sample used in this study is secondary data taken from the Indonesia Stock Exchange with 11 companies in 2011 - 2018. The hypothesis is tested using multiple linear regression. The sample used in this research is purposive sampling technique, classical assumption test consisting of normality test, multicollinearity test, heteroscedasticity test, multiple linear regression test consisting of hypothesis testing, determination test and to prove the research hypothesis. The results of this study indicate that the Effectiveness of Cost Control (EPB) has a negative and significant effect on firm value. Working Capital Turnover (PMK) has a positive and significant effect on firm value. Moreover, the Effectiveness of Cost Control and Working Capital Turnover simultaneously has a positive and significant effect on Firm Value.

Organizational response to a major crisis

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. 10; 10; 10; 10; 10; 10; 10; Findings Surviving a global crisis often depends on a firm’s ability to become more flexible. This can be achieved by adapting current business models to enable more innovative approaches to cost control, investment and revenue generation during the crisis period and beyond. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

INNOVATION AND TRANSFORMATION OF PRODUCTION COST CONTROL IN IMPROVING THE QUALITY OF AGRICULTURE RESOURCES AS AN ACCELERATION SOLUTION TO SUPPORT BUSINESS SECTOR AGRICULTURE DURING THE COVID 19 PERIOD IN INDONESIA

ABSTRACT This research analyses development of innovation agroecology and innovation socio economy business conditions in Indonesia. The agriculture needs agriculture controlling report of cost production and tools and machinery support and solution with certain characteristics. The transformation business practically development of innovation business industry of agriculture materials is one of the efforts to improve competence and skill. The purpose of this study is to find out solutions practice in agriculture mechanicsm in business sector industry,administration agriculture aspects and management business agriculture area in controlling of cost production. This research has an impact on post pandemic Covid 19 in Indonesia. The limitation of this research is the increasing innovation and transformation agriculture mechanicsm and solution in accelerated and supporting busness industry of agriculture sector in Pandemic Covid 19 in Indonesia.The Contribution of This research are that business industry of agriculture are able to maintain skill and knowledge of controlling cost production and innovation and transformation technology of agricultur business sector. Keywords: Inovation,Transformation,Controlling,Business Industry,Agriculture,CostProduction.

Application of Data Mining Technology in Field Verification of Project Cost

The traditional budget quota pricing model seems incompatible with the continuous development of the market economy. Low degree of visualization, extensive resource management, difficulty in collecting construction data, lagging control work, and separation of cost control from project management have become the main problems of current construction project cost control. This paper combines data mining technology to improve the project cost on-site verification network system, build a project cost verification system that can be used for on-site verification, and build a cost information platform. Moreover, this paper makes full use of computer information technology and uses the local area network and network as the basis to transform the vertical transmission of cost information into horizontal, so as to ensure the effective communication and exchange of cost information. According to the analysis of the case study, it can be seen that the project cost field verification method based on data mining proposed in this paper is very effective, and the system proposed in this paper can be used in actual projects.