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Not all projects have a project controller. Smaller projects that are expected to be shorter in duration typically may have no project controller overseeing the daily financial activity of the project. The responsibility will usually be assumed by the [[project manager]] of the project. For larger scale projects or projects requiring on-site interaction with the external client (typically [[public sector]] projects), there may be one or several project controllers to ensure that staffing levels and billing rates are appropriate for the budgetary scope of the project.<ref>[http://www.arabianbusiness.com/the-role-of-project-controller-10704.html The Role of a Project Controller] Arabian Business. November 8, 2010.</ref> Because most project controllers are serving the internal project management team, they are typically considered non-billable to the client. However, in projects where client staff and the consulting firm work in the same unit, some clients have agreed to be billed for project controllers to facilitate financial transactions and communications between the [[Consultant|consulting]] firm and the client. Some project controllers will also perform [[expense audits]] for the project to ensure that all expenses to the project are in compliance with the consulting firm's and the client's expense policies.
Along with profit/loss analysis and budgeting, project controllers are often involved in the original pricing of a project. The pricing of a project occurs before the work begins and is meant to decide the best fee structure and overall cost to the client for the service that will be provided. The project controller helps determine the optimal price to charge the client in order to retain profit at the end of the engagement.
==Qualification==
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==Further reading==
* [https://archive.today/20130104162435/http://uk.reuters.com/article/idUKLNE58900N20090910?sp=true Lehman bust highlights analyst "group-think disease"], Elinor Comlay, reuters.com, Sep 10, 2009
* [http://www.investopedia.com/articles/analyst/03/031803.asp The Changing Role Of Equity Research], [[investopedia]].com
* [http://www.investopedia.com/articles/basics/03/041703.asp What To Know About Financial Analysts], investopedia.com
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