Key Tips for Effective Management of Capex
Capital expenditure has soared within the oil and gas industry in recent years. As a result of high oil prices and strained infrastructure operating at full capacity, project managers are coming under pressure. Effective management of capital expenditure is vital.
Our guide provides covers the fundamentals of effective management of capital expenditure. This includes project structure, data capture, cost planning, spending controls, and finally effective cost reporting.
SAP’s Project System module offers immediate reporting, dynamic control mechanisms and has transformed the mindset of customers when it comes capital projects. Moreover, enhanced PS reporting allows you to meet the specific management reporting needs of the oil and gas industry.