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Cost escalation

См. также в других словарях:

  • Cost escalation — is defined as changes in the cost or price of specific goods or services in a given economy over a period of time. This is a similar to the concepts of inflation and deflation except that escalation is specific to an item or class of items (not… …   Wikipedia

  • Escalation — is the phenomenon of something getting more intense step by step, for example a quarrel, or, notably, a war between states possessing weapons of mass destruction. Compare to escalator, a device that lifts something to a higher level. While the… …   Wikipedia

  • Cost overrun — A cost overrun, also known as a cost increase or budget overrun, is an unexpected cost incurred in excess of a budgeted amount due to an under estimation of the actual cost during budgeting. Cost overrun should be distinguished from cost… …   Wikipedia

  • Escalation of commitment — was first described by Barry M. Staw in his 1976 paper, Knee deep in the big muddy: A study of escalating commitment to a chosen course of action .[1] More recently the term sunk cost fallacy has been used to describe the phenomenon where people… …   Wikipedia

  • escalation — escalate es‧ca‧late [ˈeskəleɪt] verb [intransitive] if amounts, prices etc escalate, they increase: • They saw costs escalating and sales slumping as the effect of rising oil prices hit the company. escalation noun [uncountable] : • The rapid… …   Financial and business terms

  • Cost contingency — When estimating the cost for a project, product or other item or investment, there is always uncertainty as to the precise content of all items in the estimate, how work will be performed, what work conditions will be like when the project is… …   Wikipedia

  • escalation clause — escalator clause or escalation clause noun A clause in an agreement allowing for adjustment up or down according to change in circumstances, as in cost of material in a work contract or in cost of living in a wage agreement • • • Main Entry:… …   Useful english dictionary

  • Cost of living — For other uses, see The Cost of Living (disambiguation). Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost of living index. Cost of living… …   Wikipedia

  • escalation clause — A clause in a contract authorizing the contractor to increase the price in specified conditions of all or part of the services or goods he has contracted to supply. Escalation clauses are common in contracts involving work over a long period in… …   Big dictionary of business and management

  • escalation clause — /ɛskəˈleɪʃən klɔz/ (say eskuh layshuhn klawz) noun a provision in a contract allowing for adjustments up or down under specific economic conditions, as in the cost of living in a wage agreement. Also, escalator clause …   Australian English dictionary

  • Technological escalation — describes the fact that whenever two parties are in competition, each side tends to employ continuing technological improvements to defeat the other. Technology is defined here as a creative invention, be it an object or a method of using an… …   Wikipedia

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