Cost Center Planning is used to find out what costs the company will incur. It thus represents a basis for decision-making for subsequent corporate decisions. Cost Center Planning can cover both individual projects and interrelated project chains. The goal is to ensure that the expenses remain within the existing budget. Through planning, the project can then be placed in the economic context of the entire company.
In this way, one knows whether, for example, the implementation of a project can be classified as meaningful and profitable for the company. For the assessment, a resource plan and a basic plan of the project are needed. In this way, one of the foundation stones for controlling is created.