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If possible, the project manager should have project team members not participate up front in the decision to change.
Service Business
A type of business that primarily offers intangible products, such as work, expertise, or services, instead of physical goods.
Facility Costs
Expenses related to the physical buildings and property necessary for a company to conduct its business, including rent, utilities, and maintenance.
Overhead Cost Application
The process of distributing overhead costs to specific cost objects such as products, services, or departments based on a chosen allocation base.
Traditional Costing Systems
Costing methods that allocate manufacturing overhead costs to products based on a single measure of activity, such as direct labor hours.
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