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In Euro some organizations began to make a separate department called "cost saving" What is the difference between cost management and cost saving?
cost management is the reason behind cost saving
Cost management is managing costs to maintin them within the standard cost model of the business. Cost saving is reducing costs below the standard cost level.
Cost management is the process of planning and controlling the budget of a business. Cost management is a form of management accounting that allows a business to predict ... See More
thank you for question saving cost could be also by looking for hidden cost in the project
Agree with Khirani
Agree with Mr. Muhammad Latif Khirani
Cost management: Cost management is like wringing out a wet towel. The biggest reaction is obtained first, but we must keep wringing. Even when the towel appears dr ... See More