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).

2 comments:

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Cera William said...

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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)