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Cost Control

From Cost Visibility to a Clearer Margin

Cost control is the work of seeing what a product, treatment, vehicle or project actually costs, then comparing that with the budget and the margin.

Cost and margin figures under review
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Understand the cost first

The starting point is the cost structure: what it costs to deliver a product, a service, a treatment, a vehicle or a project. Without that, a budget variance is only a number.

Then control the spend

Tracking actual results against the budget shows which costs were planned and which can be avoided. Margin work then looks at pricing, gross margin, break-even and business-unit profitability.

  • Cost structure assessment and cost allocation.
  • Budgeting, forecasting and variance analysis.
  • Pricing, margin and break-even analysis.
  • A method matched to the sector and the data available.