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Organisations have to keep working so as to improve the living standards of people in the society and also to be competitive in the market. Therefore, most of the discretionary costs are bound to be incurred. For e.g. Research & Development, and organisation needs to spend this cost so as to find new methods of working, improve the technology etc. Another example could be training.
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What challenges are faced by managers in the process of project cost control?
There are numerous challenges that are faced by managers in the process of project cost control. It is hard to ascertain the exact quantity and cost of the entire project and cost control becomes quite a task.
Importance of cost control in project management?
Importance of cost control in project management?
What is Project cost control vs approved budget in project management?
Project cost control is comparing the actual project cost against planned project cost.
How are cost control and cost reduction schemes implemented in an organisation?
Lebari samuel. cost control is implemented by calling departmental heads on their spending and also be mindfull of the way you allocate fund.
What are the Objectives of Cost Control and Reduction?
Cost control and reduction is the way that business managers monitor, analyze and cut expenses. The objective is to lessen expenditures.
What is the difference between committed and discretionary cost?
A committed cost is going to occur whether or not you have any output like rent.A discretionary cost is a variable cost like that of raw material.
What is the difference between discretionary and controllable cost?
Discretionary cost is that amount which is at somebody's discretion like manager etc. Controllable cost is that amount which is in the hands of management to be controlled or not like advertisement expenses etc.
With the discretionary access control model the most common control implementation is through?
access control lists
What type of access control is determined by configuring an access control list or ACL?
Discretionary Access Control
What is non Discretionary cost?
A non-discretionary cost is one that is not completely controllable by you. Typically you may be able to exert a little influence on such costs by understanding and manipulating consumption patterns but you are not able to unilaterally completely eliminate the cost from your cost-base.
What is Discretionary Access Control?
Non-discretionary access control is when the overall system administrator (or a single management body) within an organization tightly controls access to all resources for everybody on a network. Think of discretionary access controls like a democratic country. Everyone has their say as to who can do what in their country. Non-discretionary access control, on the other hand, is like Dictatorship/communism. Only the government can specify what can or cannot be done.
What is Non discretionary access control?
Non-discretionary access control is when the overall system administrator (or a single management body) within an organization tightly controls access to all resources for everybody on a network. Think of discretionary access controls like a democratic country. Everyone has their say as to who can do what in their country. Non-discretionary access control, on the other hand, is like dictatorship/communism. Only the government can specify what can or cannot be done.
What is an example of a fixed expense thats paid for with discretionary funds?
Budget items that remain the same month to moth is an example of a fixed expense that is paid for with discretionary funds. Discretionary fund is the money that is subject to one's own control.
What are the advantages of discretionary costs?
Discretionary cost is an expenditure that eliminated if needed based on judgement. This type of expenditure would have little or no effect on profit which is an advantage to the company.
What example of naked and discretionary option in low cost airlines industry?
What is the question?
What challenges are faced by managers in the process of project cost control?
There are numerous challenges that are faced by managers in the process of project cost control. It is hard to ascertain the exact quantity and cost of the entire project and cost control becomes quite a task.
Restricting access to files based on the indentity of the user or group is an example of which on what?
DAC - Discretionary Access Control.
