This document discusses costing methods for a project including variable costs like direct labor and materials, fixed costs such as overhead, and contingency costs. It also covers cost analysis techniques like cost-benefit analysis, break-even point, and return on investment calculations to evaluate the total costs of a project.

1. Week 14
Learning Objectives

2. Costing
Total
Variable Fixed Cost Contigenc Total Fixed
Variable Total Costs
Cost S$ S$ y Cost Costs
Costs
Top level Direct Direct Direct Overhead
s/n WBS
Division Labour Materials Expenses Costs

3. Where ideas come from

4. Cost Analysis
• Cost-Benefit Analysis
• Break-Even Point
• Return of Investment (ROI)