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Cost Management Categories That Might Be Measured Include: (1)cost Savings

question 3

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Cost management categories that might be measured include: (1)cost savings, (2)cost reductions, (3)cost avoidance,and (4)process cost savings.


Definitions:

Statutory Interpretation

The process by which courts analyze aspects of a statute that are unclear or ambiguous or that were not anticipated at the time the legislature passed the statute.

Constitutionality

The quality of being in accordance with a political constitution, especially with regard to its rights and freedoms.

Legislative Statutes

Laws that have been formally enacted by a legislative body, such as a parliament or congress.

Administrative Regulations

Rules and procedures established by governmental agencies to enforce laws and implement policy.

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