pm cost management

  • 1Cost management — is the process whereby companies use cost accounting to report or control the various costs of doing business.The term cost management is widely used in business today. Unfortunately cost management has no uniform definition. Cost management… …

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  • 2cost management — UK US noun [U] ► ACCOUNTING the activity of examining information relating to the money spent by a company or organization in order to control how much is spent, by preparing budgets and making financial plans: »We are a provider of cost… …

    Financial and business terms

  • 3Total cost management — (TCM) is the name given by AACE International to a process for applying the skills and knowledge of cost engineering. It is also the first integrated process or methodology for portfolio, program and project management. AACE first introduced the… …

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  • 4Product Lifecycle Cost Management — Einordnung PLCM als Teil des PLM Prozesses [1] Product Lifecycle Cost Management (PLCM) oder auch Product Lifecycle Costing (PLC) ist Bestandteil des Product Lifecycle Management Prozesses und umfasst alle Instrumente und IT Komponenten zur… …

    Deutsch Wikipedia

  • 5Cost engineering — is an area of engineering practice concerned with the application of scientific principles and techniques to problems of cost estimating, cost control, business planning and management science, profitability analysis, project management, and… …

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  • 6Management accounting — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …

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  • 7Cost driver — A cost driver is the unit of an activity that causes the change of an activity cost. The Activity Based Costing (ABC) approach relates indirect cost to the activities that drive them to be incurred. In traditional costing the cost driver to… …

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  • 8Management consulting — indicates both the industry and practice of helping organizations improve their performance primarily through the analysis of existing organizational problems and development of plans for improvement. Organizations hire the services of management …

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  • 9Cost to serve — is a process driven accountancy tool to calculate the profitability of a customer account, based on the actual business activities and overhead costs incurred to service that customer.[1] In the context of supply chain management it can be used… …

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  • 10Management — in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or… …

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