Question: Create a cost module/framework to cost the services of a private or public company. The module should clearly show the breakdown of all elements of

Create a cost module/framework to cost the services of a private or public company. The module should clearly show the breakdown of all elements of cost incurred within a project. Groups are required to formulate a formula-based framework which may be extrapolated across all projects carried out of the company

Which required the following:

  1. Introduction of the company selected
    1. Type of organization/industry
    2. Products and service manufactured
    3. Type of organization structure (ie, Sole Trade, Partnership or Company)
  2. Definition of the costs incurred in carrying out day to dayrunning of the business
  3. Impact of the type of cost incurred on the organization's viability
  4. Formulation of costing framework for the organization
  5. Importance of cost behaviour on the organization
  6. Conclusion.

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