Projects are of all hues. What type of project you are referring to?
Any project comprises of material cost + operations cost + employee cost. The break up of the costs will vary from one project to another. There is no hard and fast rule as such.
If there are multiple projects of similar nature then there could be capital cost as well. Where to assign the cost if the capital equipment is used for multiple projects? For example, concrete mixer used in construction projects, is used in many projects. Now where to assign this cost? In corporate account?
Please clarify about your query.
13th February 2014 From India, Bangalore
how do u get into cost component as a free lance recruiter.
if it is a theoretical question or a hypothetical question it is very difficult to give an answer.
if it is an IT project the salary component will be of high percentage
if it is a mechanical or civil project it may be low
it is not possible to lay down a fixed percentage
13th February 2014 From India, Indore
I have observed mft,infra or construction companies maintain 5%-10% and IT companies 50-80% as employee expenses of tatal expenditure.
is there any financial analysis or ratios in allocation of employee expenses.?
19th February 2014 From United Arab Emirates, Dubai