Designing Cost Management Systems to Support Business Decision-Making

Designing Cost Management Systems to Support Business Decision-Making
English | 2021 | ISBN: 9811617503 | 162 Pages | PDF, EPUB | 10 MB


This book illustrates the importance effective cost management systems in
providing a supportive environment in which reliable and relevant management
information can be generated. Such a cost management system is only attainable

if the importance of key business, operational and stakeholder requirements are

recognised within the organisational context. In illustrating this importance, this

book provides several case studies as examples thereof. The first two case studies

focus on the engineering sector and illustrates the development of a cost

management system in a water recycling context; and the design of a budgetary

system in a mining engineering context. The remaining case studies focus on the
services sector, including cost management systems for a digital technology
services provider and a medical insurance services provider; an alternative

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