If indirect costs are a significant percentage of total project costs, reductions in project time can represent very real savings.

Name: If indirect costs are a significant percentage of total project costs, reductions in project time can represent very real savings.
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Quizplus · Accepted Answer

Indirect costs, such as administrative expenses, utilities, and rent, continue to accrue regardless of the project's duration. Therefore, reducing the project time can significantly lower these ongoing costs, leading to real savings.

If Indirect Costs Are a Significant Percentage of Total Project