- Direct Cost
Costs that are directly attribute to work on the project.
eg. training cost, travel cost, wages, cost of material used in the project, etc - Indirect Cost
Overhead items or costs incurred for the benefit of more than one project.
eg. taxes, fringe benefits, etc
This site contains information for your preparation of PMI's PMP (Project Management Professional) certification exam. I have also Included topics on how to pass the exam and some mock exams.
Saturday, February 2, 2008
Direct and Indirect Costs
What is the difference between Direct and Indirect Costs?
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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)
1 comment:
Yes, this is a common question on PMP Exam about difference between cost types. I found a useful link at http://www.pmchamp.com/difference-between-fixed-cost-and-direct-cost/ which is also quite helpful for PMP exam.
Cheers,
Angela Rich
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