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Managing Projects as Investments
book

Managing Projects as Investments

by Stephen A. Devaux
September 2014
Intermediate to advanced content levelIntermediate to advanced
255 pages
7h 45m
English
CRC Press
Content preview from Managing Projects as Investments
11Chapter one: Redening projects
as the mere fact that work is occurring on the critical path changes its
implications: a minimum-wage laborer performing work on the critical
path can cost the project and the organization more than a Nobel laureate
physicist working off the critical path! We discuss this extensively when
we get to critical path scheduling and the new concepts of the drag cost
and the true cost (TC) of project activities.
One item to which most nance departments pay a great deal of atten-
tion is overhead. Indeed, this is very important, as overhead is an element
in what an engineering executive of a large aerospace contractor that I
used to work with referred to as marching army costs. As long as the army
is marching, it ...
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Publisher Resources

ISBN: 9781482212709