Service and Delivery

Knowledge Element: Cost Implications

Definition of Knowledge Element:

understand how the costs associated with a job may affect its scheduling particularly when jobs are in contention for resources.

A very brief summary of the Knowledge:

It is possible that the requirements of a job schedule can affect costs and also that a low fixed price can restrict the scheduling options. Jobs requiring rapid or early completion may create a need for additional staffing costs for instance.

A summary of expert opinion:

The knowledge named 'Cost Implications' is considered to be very important.
In addition, the knowledge is thought to be slightly difficult to replace, it is learned with a study experience balance, and Between 7% and 30% of Group are Experts.
It is also specialised knowledge, and quite stable knowledge.
See Parameter table below for more detail.

Risk:

This knowledge element has a risk value of 6.23, whilst the average risk for the whole knowledge structure is 4.862. Consult the RISK page for more details.

Knowledge linked by learning dependency:

Postrequisite knowledge implies that Cost Implications must be understood before for a person can gain a full understanding of the knowledge listed in the top row of the Linked Knowledge table.

Cost Implications has no prerequisite knowledge items and is therefore known as a leaf node. A leaf node is knowledge that has not been investigated further when the map was constructed.

Parameters assigned for Cost Implications.

People Involved with Cost Implications:

Computed Similarity

The most similar node to Cost Implications is Accommodate job constraints.

The most dissimilar node to Cost Implications is Organise Accommodation.