More than Just Lines on a Map: Best Practices for U.S Bike Routes
84069-Cost Control Vs Cost Reduction PPT.pptx
1. Cost Control Vs Cost Reduction PPT
Cost reduction
Cost control
Assumes existence of standards
which are not challenged
Maintain / manage costs as per
the standards set
Past and present costs in focus
Preventive function
Lacks dynamism
Assumes existence of unexplored
opportunities to reduce cost
Challenge the standards with an
aim to improve them
Present and future costs in focus
Corrective function
Dynamic approach aims at
continuous reduction of cost
VS