All organizations are interested in finding opportunities to reduce overhead costs and Overhead Value Analysis (OVA) is one technique which can be used to achieve this. OVA focuses on a reduction in the overhead of horizontal costs (indirect costs) within an organization, such as facilities management and human resources. This is highlighted in the diagram […]
Continue reading...Whether you’re managing a small project or a large complex program you need a basic understanding of the different types of contract you’re likely to encounter when buying from external organizations and 3rd parties. A contract is defined by Wikipedia as, “… an exchange of promises between two or more parties to do, or refrain from […]
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