Cost Types

  • Labor

    A specific task. You can use labor codes to control the costs of a labor code or of a group of labor codes.

  • Material

    The substance of which an item is composed, for example, wood, copper, nylon.

  • Equipment

    A cost type that is required for resources, which is not consumed while the project is carried out. Examples of equipment are machinery and tools.

  • Subcontracting

    A type of cost object representing services purchased from a third party for use in a project.

  • Sundry Costs

    Indirect cost and costs that do not belong to other cost types are booked as sundry costs, for example, insurance costs.

  • Reference Activity

    The smallest unit of work that is required. For example, to carry out a maintenance activity.