Those material s, system s, method s, etc. Standard Costing Product costing using standard costs rather than actual costs . Standard Costs A level of cost that is predetermined base d upon standards and price . Standard Definitions Adoption of a uniform set of definition s throughout a program or project organization and which may or may not be a published standard . However, the nuances of language and the practice s and usage in different industries have so far precluded such a goal .
Examples are aircraft takeoff and landing procedure s.
Standard Procedure Prescribe s that a certain kind of work be done in the same way wherever it is performed. The standards associated with a project cost accounting system . A measure of the time it should take a qualified work er to perform a part icular task . The amount of excess time an activity has between its Early Start and Late Start date s. Start to Finish See Logical Relationship .