Title :
Use of cost accounting concepts in managing IT projects
Author_Institution :
CMC Ltd., New Delhi, India
Abstract :
Project costing is about the accounting of costs incurred on a project for the purpose of controlling them and planning the optimum utilization of resources. Cost centers in an organization are identified. All projects executed belong to one of the cost centers. Direct costs of an IT project, such as people and materials, are identified. The costs of an organization´s support services and other overheads are pro-rated to the cost centers and from there to the projects within the cost centers, using the direct method of cost allocation
Keywords :
DP management; accounting; costing; project management; IT project management; cost accounting; cost allocation method; cost centers; cost control; direct costs; materials; optimum resource utilization planning; overheads; people; project costing; support services; Cost accounting; Cost function; Costing; Engineering management; Financial management; Job shop scheduling; Packaging; Performance analysis; Project management; Resource management;
Conference_Titel :
Engineering Management Conference, 1993. Managing Projects in a Borderless World. Pre Conference Proceedings., 1993 IEEE International
Conference_Location :
New Delhi
Print_ISBN :
0-7803-1763-7
DOI :
10.1109/IEMC.1993.316490
