When managing a sponsored project, the principal investigator (PI) and research administrator must understand four fundamental cost principles: allowability, allocability, reasonableness and ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Project cost management is the way that you estimate and ...

Only a grocer would envy the construction business’s 3%-to-5% profit margins. On average, only about half of construction work planned for a given week gets done on schedule. Those two data points are ...

Mikeie Reiland is a staff writer for Education at Forbes Advisor. Before coming to Forbes Advisor, he wrote magazine journalism for publications like the Oxford American, Bitter Southerner, and Gravy.

Indirect costs, also known as facilities and administrative (F&A) costs or overhead, are expenses incurred by an organization in support of its overall operations that cannot be easily attributed to a ...

Find the best construction project management software. Compare the features, pricing, and benefits of top solutions to streamline your construction projects. Construction projects require managing ...