|
|
|
The cost plus mechanism is used to apply mark-ups. A cost plus code is a set of cost plus rules.
Cost plus rules allow for the mark-up of actual or standard costs. Project managers can associate cost plus rules to their projects to allow mark-up to be calculated using the multiplier (factor), burden, and overhead methods.
Cost plus rules are added to cost plus codes to make up cost plus. Cost plus is used in an existing cost/rate matrix.
| Copyright © 2011 CA. All rights reserved. | Tell Technical Publications how we can improve this information |