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administrative costs project management

A direct cost is any cost that can be specifically identified with a particular project, program, or activity or that can be directly assigned to such activities relatively easily and with a high degree of accuracy. Option 1: Use one rate for overhead […] Direct Administrative Costs & Management Costs FEMA provides PA funding for administrative costs related to managing the PA Program and PA projects. Kent appreciates this expense and now wonders how he once lived without it. Administrative expenses include salaries of senior executives and costs associated with general services, for example, accounting and information technology. When Kent begins to create his company, he is all departments: marketing, fulfillment, administration, and even the company cleaning person. Services 5. Equipment 4. Kent tasks his executive assistant with keeping appointments, light bookkeeping, and communicating between Kent and the departments of his company. Wages and benefits to certain employees, such as accounting and IT staff, are considered administrative expenses. Both project cycle management costs (PCMCs) and the Agencies‘ corporate costs are covered by a fee33(currently 10% on top of the project budget). The median salary for project managers is $87,500 in the U.S. (Source: Glassdoor) <

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