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About This Book

1.1 Costing A cost is a price that must be paid for goods and services that are expected to benefit or be required for a project. When determining or assigning costs to specific elements of a project, we say that we are costing these elements. Any project or project element for which a cost is determined is referred to as a cost object. Understanding the various types of costs that face projects is critical for effective budgeting and project management. Companies can use cost information in sev

Chapters

• 1.3 Categorizing Costs
• 1.5 Cost Allocation Methods
• 1.6 Budget Types
• 1.7 Budgeting Approaches
• 2.1 Financial Statements
• 2.2 Financial Ratios
• 2.4 Tax and Depreciation
• 3.2 Interest
• 3.3 Economic Equivalence
• Works Cited
• 4.1 Loans
• 5.1 Rate of Return
• 5.3 Analysis Period and Project Lives
• 5.4 Evaluation of Risk
• 6.2 Life Cycle Costs
• 6.3 Benefit-Cost Analysis

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