In writing this book, my objective was to cut through the fog created by all existing cost accounting approaches to understand just how costs behave and how to influence them. We are told and tend to believe that increasing productivity automatically reduces costs. But if the person still works for you and receives the same salary, their cost is the same no matter how productive they are. This and many other costing concepts...
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Reading this book created a clear understanding of how costs really work in our company and it helped us get past the age old costing myths that created bad decisions. I went to the authors website and the articles made the concepts that much clearer. Just in the pilots that we have run with ECD we have found that we made a unexpected improvements on our project costing and our product pricing. More than any other book...
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