Presenting a PMBOK- based Cost Management Model in the Project-based Company of Karan Polymer Part .

saied Rasul Hosseini Baharanchi¹ Fatemeh Anghaei²

1) Iran Faculty of Member of Eyvanekey University of Science and Technology , Email:
2) Iran Eyvanekey University of Science and Technology , Email:

IOI Code : XYAH-ZDCCB
Publication : 3rd international conference of Science and Engineering(3icesconf.com)
Abstract :
    During the past thirty years, businesses around the world have undergone many changes. Customers and consumers are not fully satisfied with condition of products available and services including their quality and quantity. They expect manufacturers to provide products of quality and lower prices so that they can adapt quickly to a changing environment. Looking at these changes has made producers and economic enterprises to equip their production processes with project-based initiatives. This is despite the fact that the risks must also be taken into account. This means that a greater number of projects are failed to be delivered on time, within budget and to the expected quality. One of the most important reasons for the failure of projects is the poor financial support for them due to the rejection and nonuse of a standard methodology for the implementation of the given projects. There are a few of them that have a project management methodology to play a strategically important role as an infrastructure and intellectual property in the implementation of projects. One of these methodologies is the use of the project management standard of PMBOK. This research will be carried out on the manufacturing process of Karan Polymer Part Company. In so doing, after studying the literature on the aforementioned standard and the documents available in the named Company, a management and cost control framework shall be presented in the form of one model and three sub-models. Data collection will be performed using library studies, direct observation, interview, and filling in questionnaires. The statistical population of the research will include managers and experts. By implementing this model, production managers of the Company will be able to integrate the management of cost, time and scope of each product.

Keywords : a standard guide to the project management body of knowledge cost management work breakdown structure cost breakdown structure planned value