Participation Exercise #13 Assignment Example | Topics and Well Written Essays - 250 words

Participation practice 13 - Assignment ExampleThese provide an avenue for creating change for better project returns. Failure to get hold of these costs may result in growing variance in costs, which may indicate low-down planning for the management.As one way of having surety on the actual costs incurred in the project, Carnegie strand it easy to make decisions on projects knowing the actual gains he makes from them. Cost per pound figures aided Carnegie moderate a competitive advantage in that he could set his prices as low as he wanted just to win a bid without negatively affecting his businesss profitability. epoch the competitors guessed on what was best to charge on their products, Carnegie knew exactly the actual costs he incurred and the returns to expect (Spafford). Carnegie use this to make more sound decisions in his business hence the successful returns while the competitors found it knockout to compete and had their attempts at winning bids from him fail. Through these, Carnegie kept track of his variances and hence keeping his costs in