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cost of work

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  • Budgeted cost of work scheduled — (BCWS), also referred to as Planned Value (PV), is a term from earned value management, a project management technique that seeks to measure forward progress in an objective manner. BCWS is defined as the approved budget that has been allocated… …   Wikipedia

  • Cost-minimization analysis — Cost minimization is a tool used in pharmacoeconomics and is applied when comparing multiple drugs of equal efficacy and equal tolerability Therapeutic equivalence must be referenced by the author conducting the study and should have been done… …   Wikipedia

  • Cost 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… …   Wikipedia

  • Work in process — or in process inventory consists of the unfinished products in a production process. They are not yet complete but either being fabricated or waiting in a queue or storage. The concept is used in production and supply chain management.Production… …   Wikipedia

  • Work aversion — Work aversion, Workplace aversion, or Employment aversion is a psychological behavior, often part of an anxiety disorder, in which the subject intentionally refuses to be gainfully employed at all, or works far less than is necessary in order to… …   Wikipedia

  • Cost-benefit analysis — is a term that refers both to:* a formal discipline used to help appraise, or assess, the case for a project or proposal, which itself is a process known as project appraisal; and * an informal approach to making decisions of any kind. Under both …   Wikipedia

  • Cost-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… …   Wikipedia

  • cost of completion — n. In a breach of contract action, a measure of damages calculated by the amount it would cost to pay for a performance that would put the plaintiff where he or she would have been had the contract not been breached. The Essential Law Dictionary …   Law dictionary

  • cost-plus — ˌcost ˈplus adjective COMMERCE MANUFACTURING cost plus product/​price/​basis etc if something is made or done on a cost plus basis, it is made or done at an agreed price plus an extra amount. This is done when the cost of making a product etc is… …   Financial and business terms

  • cost plus — noun A work contract where payment is based on the actual production cost plus an agreed percentage of that cost as profit • • • Main Entry: ↑cost * * * cost plus, an arrangement or contract under which the selling price is based on the cost of… …   Useful english dictionary

  • cost of sales — cost of goods sold; = COGS A figure representing the cost to an organization of supplying goods or services for sale, excluding administration and other general overheads. In a sales organization, it is the opening stock at the beginning of an… …   Accounting dictionary

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