To compete in global and domestic market every entrepreneur has to reduce it cost of product and services. To reduce cost it does not mean to use material of inferior quality or provide services of inferior quality.

If these tactics are adopted it decrease sale drastically because of good quality of competitor product or services. Hence here we are talking about reducing cost , maintaining other factor such as quality, timely delivery and features.

There are various tools for reducing cost and well covered in professional course. Question arise how many companies are serious to use these tools?. only purpose of most of the companies to hire Cost and Management Accountants to fulfil the mandatory requirement and in this way cost management becomes ritual.

Fact is this is the area which is well connected with other field of management and there is need to under stand basic concepts of cost management. To uplift quality of life and to reduce inflation there is need of mass movement and it will be done by persons among the masses through understanding principle of cost reduction and implementation of the same particularly by selection the sector where less efforts will give maximum cost saving . Government used to help for the poor people by giving them free ration and other things but these poor people want to become self sufficient and do not want to depend on this help because this help can be withdrawn any time. let’s come together to help them to become independent.

we provide opportunity for companies and individual to develop knowledge in cost management. Also we take companies