Pre-costing
The pre-costing is the pre-made cost and time calculation of a production order or project, based on standards and planned quantities. The goal is to estimate the required materials, labor, machine hours, and costs before the start of production.
By comparing the pre-costing, which is the expected costs and time beforehand (= planning or budget), with the actual costing, which is the actual costs and time afterwards (= reality), you gain better insight into efficiency, deviations, and cost control.
- Published:14 aug 2025 12:55
- TypeBegrippen
- Category
- Product
- AvailabilityOpenbaar