Examlex
A functional organization structure is a plus for project management because:
Variable Cost
Costs that vary directly with the level of production or volume of output.
Fixed Manufacturing Overhead
Costs associated with manufacturing that do not vary with the level of production, such as rent, salaries of permanent staff, and depreciation of factory equipment.
Constrained Resource
A limited resource within a production or project environment that restricts the output or completion time.
Profitability
A financial metric used to assess a business's ability to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.
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