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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterpriseís ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Project Overhead
What is Project Overhead  

What is Project Overhead


Project Overhead means a project’s costs which an organization incurs indirectly – in other words they don’t comprise expenses for salaries and wages of the staff members working on a project (so called direct labor), payments to sub-contractors and consultants, amounts paid to buy raw materials or any other expenses generated specifically by a project. Project overhead involves items of costs which aren’t directly referred to a specific project because they are either shared by a company’s all projects (such as bills for office rent or energy) or it would be whether impossible, too difficult, or expensive to account them back to each project (such as costs of office supplies).

Project overhead can be accounted by separating direct project-related costs from indirect cost (if an item of expense is a direct cost, then it is never included into organization’s overhead). Normally a company’s overhead includes indirect employment costs that are not connected to work at a specific project (such as vacation, sick, general salary, benefits, etc) and expenses that can be allocated to all projects such as taxes, utilities (heat, light, etc) and rent of premises or working facilities.

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