Examlex
List and briefly describe the four project cost management processes.
Straight-Line Method
A depreciation method that allocates the cost of an asset evenly over its useful life.
Gross Revenues
The total amount of sales revenue generated by a company before any deductions are made for returns, allowances, and discounts.
Payback Method
A capital budgeting method that calculates the time needed to recoup the initial investment in a project, based on the project's expected cash flows.
Discounted Cash Flow
A financial analysis method that estimates the value of an investment based on its future cash flows, adjusted for time and risk.
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