Saturday, October 27, 2007

Project Selection Methods Key Terms - Depreciation

For Depreciation, it means that large assets (eg equipment) purchased by the company lose value over a period of time. In accounting terms, there are:

  • Straight Line Depreciation
    The same amount of depreciation is taken each year.

  • Accelerate Depreciation
    Depreciates faster than straight-line (eg Double declining Balance).


Sabrina said...

The blog was absolutely fantastic!Lots of great information and inspiration, both of which we all need! for ex-pat Australia mortgage click here

Cera William said...

Hi there,

You laid the best two ways of project selection method of "Depriciation".Thanks for this.Keep posting

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)