Cost Driver - Definition

Any situation or event that causes a change in the consumption of a resource, or influences quality or cycle time. An activity may have multiple cost drivers. Cost drivers do not necessarily need to be quantified; however, they strongly influence the selection and magnitude of resource drivers and activity drivers.



Terms near "Cost Driver"

Cost Driver Analysis
Cost Element
Cost Management
Cost Object
Cost Object Driver
Cost Pool
COU
Counter currency
Counterparty
Countervalue
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