Cost Avoidance is to reduce future costs. (e.g., to prevent an incident from future cost) (Refer to the Avoided Cost)
Related Definitions in the Project: The Project Cost; HSE Management
Cost Avoidance is to reduce future costs. (e.g., to prevent an incident from future cost) (Refer to the Avoided Cost)
Related Definitions in the Project: The Project Cost; HSE Management
ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.