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<blockquote data-quote="SlugSlinger" data-source="post: 3677901" data-attributes="member: 7248"><p>If someone is good with numbers, have good organizational skills and like construction, there is very good money in project controls.</p><p>Project controls creates and maintains construction schedules and or manage and report on the project budgets.</p><p></p><p>These folks make more than financial analysts and accounts. And likely more than those in management. One reason project controls folks make more than accountants or other financial professionals is because projects and the related costs are an O&M capital expense that hits the balance sheet vs a G&A expense that hits the income statement. A capital expense is depreciated over likely 30 years while an administrative expense hits the income statement and directly reduces profits 1 for 1. This gives the ability for companies to pay more for project controls because it spread the costs over many years.</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3677901, member: 7248"] If someone is good with numbers, have good organizational skills and like construction, there is very good money in project controls. Project controls creates and maintains construction schedules and or manage and report on the project budgets. These folks make more than financial analysts and accounts. And likely more than those in management. One reason project controls folks make more than accountants or other financial professionals is because projects and the related costs are an O&M capital expense that hits the balance sheet vs a G&A expense that hits the income statement. A capital expense is depreciated over likely 30 years while an administrative expense hits the income statement and directly reduces profits 1 for 1. This gives the ability for companies to pay more for project controls because it spread the costs over many years. [/QUOTE]
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