Project Management Stack Exchange
Project Management Stack Exchange

Questions tagged [cost-management]

Cost Management is an organizational methodology by which a company controls and plans the costs of doing business.

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How to calculate / estimate the cost for one man hour?

I want to know what are all the things need to add for one man hour costing. How to calculate / estimate it?
bharath
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What lessons in budgeting a project a PM should remember?

In budgeting cost of the overall project, what should the PM remember? What are the do's & don't s when dealing with the budget of the project?
user614
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S-Curve in Cost Management

I learned in class that the cost management on a project could be graphed as an S-Curve. Low in the beginning but then very high and stays high. Do you have an idea why the graph stays high even when within the closure/release of the project when…
Yassin Hajaj
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How to calculate Present Value and Net Present Value?

I´m doing a feasibility study to check the benefits of an investment in a certain tool. My table shows the savings and the costs in the project over 4 years. So, I´m trying to understand how to apply the Present Value and Net Present Value. I know…
Bruno Estrazulas
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Formula for calculating cost over a certain time period

How can I calculate the cost of a project over a given amount of time. For example: Solution 1: cost 30k setup and 3k/month for as long as we have the service. Solution 2: cost 40k setup and 2k/month for as long as we have the service. Solution…
iliketolearn
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Variable costs per unit appears higher than total costs per unit

Trying to solve imagined situation. Have highest and lowest sales quantity and have personnel expenses that are mixed expenses (part is fixed wages; part variable wages - amount depends on sales quantity). And want to calculate amount of fixed and…
Andris
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Getting correct value of Planned value for Earned Value Management calculations

I'm learning about project management and currently having confusion about getting Planned Value(PV) in Earned Value Management calculations. Here's the question, You are a Project Manager for LAK Super, a supermarket chain, and are currently…
Avishka Dambawinna
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Is cost management part of Project Management?

Is Cost Management (Estimation and Control) part of Project Mangement? Are cost management techniques (COCOMO, Function Point, etc) part of PM? Or only Software Project Management? I ask this because whenever I open a book about Project Management,…
KansaiRobot
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Overheads calculation assumptions

I was wondering if there is any standard or basis by which to consider overhead costs in a project. Normally we practice 10-15%, but I wanted to know what others are following and what's the best practice.
Manoj Verma
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What is the cost of a Software Department in a Software Company?

I'd like to know what is the approximate cost of a software department (Product + R&D) in a typical startup (20 employees)? For example, considering the others departments are sales, accounting, marketing, human resources.
xsace
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Indirect cost calculation

As shown in the picture below, my task is to calculate direct and indirect costs using this table at first. Further I have to do the calculation according to Direct costing, Standard costing and ABC methods. I have done the first part of the…
uiuiui000
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