What do you mean by fixed costs, Project Management

Assignment Help:

What do you mean by fixed costs?

Fixed Cost:

Cost may be described as the amount of expenditure incurred upon, or attributable to a specified thing. Fixed costs are such costs that tend to remain constant irrespective of the volume of output or sales. Illustrations of fixed costs as given below: staff salaries, administration expenses, rent and establishment charges as well as depreciation.


Related Discussions:- What do you mean by fixed costs

Financial management and control in tertiay instittution, what are the limi...

what are the limitations of financial management and control in tertiary institutions

Describe fully the key constraints faced by any project, Question 1: (a...

Question 1: (a) What do you meant by a Project? (b) Describe Project Management and Project Manager. (c) Highlight the different types of activities involved in the management

Woody, woody Develop a list of "Key Success Indicators" that could and shou...

woody Develop a list of "Key Success Indicators" that could and should have been measured on completion. Rank them in order of priority for this project.

Explain products which typically result by project stages, Explain the prod...

Explain the products which typically result by the given project stages: Project Start-up; Analysis of Needs; Design Integration and Testing. Typical products include: •Pro

Project lifecycle for the training centre project, T Company has identified...

T Company has identified a need for, and made a decision to open, a new training centre in one of the major cities in E Country. This is a large scale project for T Company and it

Relationship between project manager and project team, Project manager and ...

Project manager and project team The project board will ultimately choose whether changes are executed or not and it will then be the responsibility of the project manager to m

Elaborate the project communication management processes, Question : (a...

Question : (a) Project communication plan involves the generation and distribution of project documentation among stakeholders and is considered as the driver of the project co

Explain what is a breakthrough, Question: (a) Joseph Moses Juran, the f...

Question: (a) Joseph Moses Juran, the famous quality management consultant, put forward the concept of breakthrough sequence. (i) Explain what is a breakthrough. (ii)With

What is the primary objective of controlling, What is the primary objective...

What is the primary objective of controlling? The main objective of controlling is to bring the actual operational performance of enterprise onto the accurate track according t

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd