Activity Based Costing within a collaborative estimating framework Association of Cost Engineers 17 th February 2 00 4 Grahame Jones, UK Manager, PRICE Systems Tel. 01256 760012 [email protected] FASTER DECISIONS. BETTER DECISIONS. . Top level Flow Diagram.
Activity Based Costing within a collaborative estimating frameworkAssociation of Cost Engineers17th February 2004Grahame Jones, UK Manager, PRICE Systems Tel. 01256 760012 [email protected]
FASTER DECISIONS. BETTER DECISIONS.
Request for services
Delivery of output
Customer information feedback
Management information feedback
How it was spent
The work that is done. Activities consume Resources.
What was spent
Anything that you spend money on in performing an activity
What was produced
The reason for performing activity
Activity Drivers are used to trace the consumption of Activities by your Product/Services.
Resource Drivers are used to trace the Resources to Activities.Cost Framework
Think of the framework as a video games console and the cost models as video game cartridges.
Cost Model X