Ringwald, R C (1986) General overhead distribution to project costs. Journal of Construction Engineering and Management, 112(1), pp. 83-89. ISSN 0733-9364
Abstract
Constructors have a need for allocation of general overhead to individual jobs that motivates the project manager to consider volume, as well as unadjusted unit costs in measuring the profitability of operations under his charge. However, some pitfalls of under-or-over distribution are inherent in now-popular methods that charge a job for equipment overhead by the working hour. Pursuant to the need for a more accurate method, a case can be made for determining and using the proportion of a firm's working and equipment capital assets committed to a project as a measure of the proportion of general overhead chargeable to that project for any period.
| Item Type: | Article |
|---|---|
| Index terms: | unit cost, capital assets, project cost, profitability, project manager |
| Subjects: | profession, economic analysis, financial and cost management, economics, asset management |
| Topics: | Roles and Professions, Cost Management, Business Strategy |
| Descriptive scope: | 2 PC |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here