Types of Cost, Types of Cost : A) Direct costs : clearly chargeable to a work

Types of Cost

Types of Cost:

A) Direct costs: clearly chargeable to a work package:

labour
materials
equipment
other

B) Direct project overhead costs:

those overheads that can be tied to a work package or project deliverable

C) General and Administrative overhead costs:

can apportion or allocate to work packages pro-rata, and also percentage may be added if you are a contractor.

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