WANT BETTER COST CONTROL BUT DON'T KNOW WHERE TO START?
Corporate finance professionals typically evaluate cost control capabilities in five categories:
- ❖ Clarity
- ❖ Ability to control cost drivers
- ❖ Cost predictability
- ❖ Ability to develop measures to reduce costs
- ❖ Ability to build cost management mechanisms
The self-assessment table below helps businesses quickly, systematically and comprehensively evaluate to determine the weaknesses that need to be improved to have an effective and systematic cost control system.
For each question, select the score that corresponds to your company's current level.
: 5 minutes
: 13 questions
