SERVICE COSTING.
| Institution | UNIVERSITY |
| Course | Diploma in Cooperati... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | stephen |
| File Type | |
| Pages | 5 Pages |
| File Size | 170.01 KB |
| Views | 5423 |
| Downloads | 0 |
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Description
service costing is the process of identifying all costs associated with building, supporting, and delivering your service. Examples of service cost components include equipment, staff labor, professional fees, software, license fees, and data center charges, to name just a few.
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Estimating and Costing Module 3
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For all engineering works it is required to know beforehand the probable cost of construction known as estimated cost. If the estimated cost is greater than the money available then attempts are made to reduce the cost by reducing the work or by changing the specifications. In preparing the estimate, the quantities of different items are calculated by simple maturation method and from these quantities the cost
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