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Management Science Letters
ISSN 1923-9343 (Online) - ISSN 1923-9335 (Print)
Quarterly Publication
Volume 3 Issue 7 pp. 1943-1948, 2013

An ABC analysis for power generation project Pages 1943-1948 PDF Download PDF

Authors: Batool Hasani, Younos Vakilalroaia

📋 Author Affiliations:
Batool Hasani1, Younos Vakilalroaia2
1 Master Student, Department of Management, Semnan Branch, Islamic Azad University, Semnan, Iran
2 Assistant Professor and Chairman, Department of Management, Semnan Branch, Islamic Azad University, Semnan , Iran
doi 10.5267/j.msl.2013.06.033
1 Source: Scopus
Crossref 1 Source: CrossRef

🔑 Keywords: ABC analysis, Cost accounting, Power station construction

Abstract: One of the primary concerns on performance measurement is to know how much a particular project cost. However, using traditional method on project-based products often leads to inappropriate results. In this paper, we re-examine this issue by comparing the cost of a power station construction project using ABC versus traditional method. The results of survey show that ABC method is capable of providing better estimates for overhead costs compared with traditional method. In other words, ABC method helps reduce some of the unnecessary overhead cost items and increase on some other cost components. This helps increase the relative efficiency of the system by reducing total cost of project.

How to cite this paper
APA: Hasani, B & Vakilalroaia, Y. (2013). An ABC analysis for power generation project. Management Science Letters, 3(7), 1943-1948.
Chicago/Turabian: Hasani, B & Vakilalroaia, Y. 2013. "An ABC analysis for power generation project." Management Science Letters 3, no. 7 (2013): 1943-1948.
AMA: Hasani, B & Vakilalroaia, Y. An ABC analysis for power generation project. Management Science Letters. 2013;3(7):1943-1948.

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📚 Journal: Management Science Letters | 📅 Year: 2013 | 📖 Volume: 3 | 📄 Issue: 7 | 👁️ Views: 3059 | 📊 Crossref: 1

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