ABM strategically incorporates activity analysis, activity-based costing (ABC), activity-based budgeting, life cycle and target costing, process value analysis, and value-chain analysis.

A full costing system its the one that includes the sum of all variable and fixed costs in all business functions of the value chain (R&D, design, production, marketing, distribution and costumer service)

Cost Accounting, 12th Edition

Prentice-Hall

Imposing standard costs without communicating in an honest, candid manner will undermine much of the perceived value of such costing.

To do the mining costing, the value of the minerals and the cost of mining it and the cost of compensating the inhabitants is usually considered.

Activity-based management (ABM) is an approach to management in which process managers are given the responsibility and authority to continuously improve the planning and control of operations by focusing on key operational activities.