450- to 1,350-word paper discussing project cost and cost classifications.

Project Cost Assignment Options

The focus of this assignment is to develop two strategies for minimizing project cost for the organization you chose in Week Three (attached). You will assume that 50% of the initial investment is equipment cost, and the remainder is installation, overhead, or other projected costs. You will need to use standard cost classifications to create a forecast of project costs, and include the following:

·         Use a minimum of five cost classifications.

·         Define the classifications used. 

Option 1: Project Cost Paper

·         Refer to the Week Three assignment. (finished assignment attached)

·         Assume that 50% of the initial investment is equipment cost, and the remainder is installation and overhead.

·         Use standard cost classifications to create a forecast of project costs.

·         Develop two strategies for minimizing project cost.

·         Write no more than a 450- to 1,350-word paper discussing project cost and cost classifications.

·         Format your paper consistent with APA guidelines.