Tuesday, April 23, 2019
Project management Coursework Example | Topics and Well Written Essays - 250 words
Project management - Coursework ExampleFixed personifys atomic number 18 non controllable since even if a firm does not generate revenues it must pay its doctor costs. Variable costs argon cost that change depending on the volume of sales. An example of a shifting cost is cost of goods sold. Variables costs are controllable because project managers can implement strategies to lower inconsistent costs such as changing suppliers to reduce the cost of materials. Two additional categories of costs are direct and indirect costs. Direct costs are costs that are directly attributed to the production output. whatever examples of direct costs are materials and direct labor. Indirect costs are costs that are not associated with the production of a firm. Examples of indirect costs include supervisor salaries, indirect labor, and supplies used (Referenceforbusiness). Other cost categories are period and product costs Period costs are costs that are place with a specific period of time, w hile product costs are necessary for producing a spotless good. The different types of costs help project managers differentiate among the types of costs that affect a project. Work Cited knave Referenceforbusiness.com. 2011. Costs 17 May 2011.