Mind map
SAB7#072_Cost_Types
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SAB7#072_Cost_Types
- this could include: - costs of queality efforts - cost of risk effort - costs of the project managerś time - costs of the project management activities - costs directly associated with the project - expenses for physical office spaces used directly for the project - profit, when applicable - overhead costs, such as management salaries nd general office expenses
VARIABLE COSTS
- These costs change with the amount of production or the amount of work. Example include the cost of material, supplies, and wages.
FIXED COSTS
- These costs do not change as production changes. Example include the cost of set-up, rent, utilities, etc.
DIRECT COSTS
- These costs are directly attributable to work on the project. Example are team travel, team wages, recognition, and costs of material used on the project.
INDIRECT COSTS
- Indirect costs are overhead items or costs incurred for the benefit of more than one project. Example include taxes , fringe benefits, and janitorial services.
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- Mind Map on SAB7#072_Cost_Types, created by David Hernandez on 10/09/2015.
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- David Hernandez
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- Created by jmedinapizano · Sep 10, 2015
- Copied by David Hernandez · Sep 10, 2015
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