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Project Cost Management (PCM) is the dimension of project management which aims to ensure that a project is completed within its approved budget. [1] [2] It encompasses several specific project management activities including estimating, job controls, field data collection, scheduling, accounting and design, and uses technology to measure cost and productivity through the full life-cycle of ...
Components of price. Image according to Garrett (2008), figure 4-1, p.65. In business economics cost breakdown analysis is a method of cost analysis, which itemizes the cost of a certain product or service into its various components, the so-called cost drivers.
A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers.
Process optimization is the discipline of adjusting a process so as to make the best or most effective use of some specified set of parameters without violating some constraint.
The Trachtenberg system is a system of rapid mental calculation.The system consists of a number of readily memorized operations that allow one to perform arithmetic computations very quickly.
Indirect labour cost: The indirect labour cost is the cost associated with workers, such as supervisors and material handling team, who are not directly involved in the production.
Program vs. Process vs. Thread Scheduling, Preemption, Context Switching. In computing, a process is the instance of a computer program that is being executed by one or many threads.
Process (anatomy), a projection or outgrowth of tissue from a larger body Biological process, a process of a living organism; Cognitive process, such as attention, memory, language use, reasoning, and problem solving