It’s Activity Based Costing week here at HMS and we’ve got a bunch to talk about.

Activity Based Costing is hardly new.  It has been a part of project management for as long as there has been project management.  If you want to change a part of your new building, you need to know what the change will cost for that particular activity.  You can’t make an informed decision about project changes without knowing what the estimate of that feature cost you in the first place.

TimeControl was designed since its inception as an activity based system and with the powerful rates functionality built into TimeControl, the associated costing features are extensive.

We’ve just produced a new White Paper called Activity Based Costing Using TimeControl which looks at how you can use those extensive costing features to deploy Activity Based Costing from numerous perspectives.

At the same time, there is an article on Chris Vandersluis’s EPM Guidance Blog site on the ABC’s of Activity Based Costing.