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 ...

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.

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 ...

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 ...