Comments on: Activity Based Costing in Project Management http://pmstudent.com/activity-based-costing-in-project-management/ Helping new and aspiring project managers reach their career goals! Tue, 15 May 2012 13:52:25 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: W4.0_MV_Reliable Costing Methods | Casablanca Q1-2012 AACE http://pmstudent.com/activity-based-costing-in-project-management/#comment-94567 W4.0_MV_Reliable Costing Methods | Casablanca Q1-2012 AACE Thu, 16 Feb 2012 18:48:49 +0000 http://pmstudent.com/?p=1613#comment-94567 [...] Anderson T.K. Activity Based Costing in Project Management. Retrieved from http://pmstudent.com/activity-based-costing-in-project-management/ Share this:TwitterFacebookLinkedInLike this:LikeBe the first to like this post. This entry was [...] [...] Anderson T.K. Activity Based Costing in Project Management. Retrieved from http://pmstudent.com/activity-based-costing-in-project-management/ Share this:TwitterFacebookLinkedInLike this:LikeBe the first to like this post. This entry was [...]

]]> By: W4.0_MV_ Reliable Costing Methods | Casablanca Q1-2012 AACE http://pmstudent.com/activity-based-costing-in-project-management/#comment-94566 W4.0_MV_ Reliable Costing Methods | Casablanca Q1-2012 AACE Thu, 16 Feb 2012 18:43:12 +0000 http://pmstudent.com/?p=1613#comment-94566 [...] Anderson T.K. Activity Based Costing in Project Management. Retrieved from http://pmstudent.com/activity-based-costing-in-project-management/ Share this:TwitterFacebookLinkedInLike this:LikeBe the first to like this post. This entry was [...] [...] Anderson T.K. Activity Based Costing in Project Management. Retrieved from http://pmstudent.com/activity-based-costing-in-project-management/ Share this:TwitterFacebookLinkedInLike this:LikeBe the first to like this post. This entry was [...]

]]> By: Bill Duncan http://pmstudent.com/activity-based-costing-in-project-management/#comment-6321 Bill Duncan Wed, 25 Feb 2009 01:09:28 +0000 http://pmstudent.com/?p=1613#comment-6321 I think this article misses the point. The main objective of ABC is to ensure that overhead costs are properly allocated. ABC is NOT simply estimating the costs of project activities. It is about deciding HOW to allocate the costs of administrative and management work to each activity. For many if not most projects, using the traditional cost driver of direct labor hours will be more than adequate. Duncan William R. Duncan, Project Management Partners Primary author of the original version of “A Guide to the Project Management Body of Knowledge” Board Chair, PMCert, the independent certification body of asapm I think this article misses the point. The main objective of ABC is to ensure that overhead costs are properly allocated. ABC is NOT simply estimating the costs of project activities. It is about deciding HOW to allocate the costs of administrative and management work to each activity.

For many if not most projects, using the traditional cost driver of direct labor hours will be more than adequate.

Duncan

William R. Duncan, Project Management Partners
Primary author of the original version of “A Guide to the Project Management Body of Knowledge”
Board Chair, PMCert, the independent certification body of asapm

]]> By: Bill Duncan http://pmstudent.com/activity-based-costing-in-project-management/#comment-24796 Bill Duncan Wed, 25 Feb 2009 01:09:00 +0000 http://pmstudent.com/?p=1613#comment-24796 I think this article misses the point. The main objective of ABC is to ensure that overhead costs are properly allocated. ABC is NOT simply estimating the costs of project activities. It is about deciding HOW to allocate the costs of administrative and management work to each activity. For many if not most projects, using the traditional cost driver of direct labor hours will be more than adequate. Duncan William R. Duncan, Project Management Partners Primary author of the original version of “A Guide to the Project Management Body of Knowledge” Board Chair, PMCert, the independent certification body of asapm I think this article misses the point. The main objective of ABC is to ensure that overhead costs are properly allocated. ABC is NOT simply estimating the costs of project activities. It is about deciding HOW to allocate the costs of administrative and management work to each activity.

For many if not most projects, using the traditional cost driver of direct labor hours will be more than adequate.

Duncan

William R. Duncan, Project Management Partners
Primary author of the original version of “A Guide to the Project Management Body of Knowledge”
Board Chair, PMCert, the independent certification body of asapm

]]> By: Travis Anderson http://pmstudent.com/activity-based-costing-in-project-management/#comment-6173 Travis Anderson Sat, 21 Feb 2009 19:48:08 +0000 http://pmstudent.com/?p=1613#comment-6173 Hello Dr. PDG. I appreciate your insight and wisdom. Please continue to communicate additional pertinent information on ABC. You mentioned it on an earlier post of mine and made me curious. I often seek out your tid-bits and learn from your comments. Keep up the good work. Hello Dr. PDG.
I appreciate your insight and wisdom. Please continue to communicate additional pertinent information on ABC. You mentioned it on an earlier post of mine and made me curious. I often seek out your tid-bits and learn from your comments. Keep up the good work.

]]> By: Travis Anderson http://pmstudent.com/activity-based-costing-in-project-management/#comment-24795 Travis Anderson Sat, 21 Feb 2009 19:48:00 +0000 http://pmstudent.com/?p=1613#comment-24795 Hello Dr. PDG. I appreciate your insight and wisdom. Please continue to communicate additional pertinent information on ABC. You mentioned it on an earlier post of mine and made me curious. I often seek out your tid-bits and learn from your comments. Keep up the good work. Hello Dr. PDG.
I appreciate your insight and wisdom. Please continue to communicate additional pertinent information on ABC. You mentioned it on an earlier post of mine and made me curious. I often seek out your tid-bits and learn from your comments. Keep up the good work.

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