This process group covers the budgeting cycle, cost accounting and cost management, and the review of financial performance. It spans setting budget policy, building periodic budgets and forecasts, and comparing actual results with those plans. Cost work includes inventory, profit centre and product costing, cost of sales analysis and profitability reporting. It also covers identifying and measuring cost drivers, deciding which activities are critical, and deploying assets effectively. Performance evaluation covers customer and product profitability, new product assessment, life cycle costing, mix optimisation and continuous cost improvement.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.