pm cost management

  • 11Cost leadership — is a concept developed by Michael Porter, used in business strategy. It describes a way to establish the competitive advantage. Cost leadership, in basic words, means the lowest cost of operation in the industry.[1] The cost leadership is often… …

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  • 12Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …

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  • 13COST – European Cooperation in the Field of Scientific and Technical Research — COST is an intergovernmental framework for European Cooperation in the field of Scientific and Technical Research. It was founded in 1971.ObjectivesCOST contributes towards the realisation of the European Research Area (ERA) and is presently used …

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  • 14Management due diligence — is the process of scientifically evaluating the executives who make up the senior management team(s) prior to the close of a business deal that involves integrating the functions and cultures of two or more companies (private equity buyouts,… …

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  • 15Management of heart failure — requires a muitimodal approach. It involves a combination of lifestyle modifications, medications, and possibly the use of devices or surgery. Contents 1 Diet and lifestyle measures 1.1 Fluid restriction 2 Pharmacological management …

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  • 16cost accountant — ➔ accountant * * * cost accountant UK US noun [C] ► ACCOUNTING an accountant who examines all the costs involved in a business activity or a production process in order to help managers decide how to make profits or save money: »The prime role of …

    Financial and business terms

  • 17Cost of poor quality — (COPQ) or poor quality costs (PQC), are defined as costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor Quality Costs.[1] COPQ is a… …

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  • 18Cost–benefit analysis — (CBA), sometimes called benefit–cost analysis (BCA), is a systematic process for calculating and comparing benefits and costs of a project for two purposes: (1) to determine if it is a sound investment (justification/feasibility), (2) to see how… …

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  • 19Cost of conflict — is a tool which attempts to calculate the price of conflict to the human race. The idea is to examine this cost, not only in terms of the deaths and casualties and the economic costs borne by the people involved, but also the social,… …

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  • 20Cost-effectiveness analysis — (CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of two or more courses of action. Cost effectiveness analysis is distinct from cost benefit analysis, which assigns a monetary value to the measure of… …

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