Calculating Depreciation
There are two methods by which the depreciation of a deductible item may be calculated. The first is called ‘Prime Cost Method’. The second is called ‘Diminishing Value’.
There are two methods by which the depreciation of a deductible item may be calculated. The first is called ‘Prime Cost Method’. The second is called ‘Diminishing Value’.
Chances are, if you are in the property sector, you’ve heard the term ‘depreciation schedule’ tossed around a few times; and chances are, if you are reading this article, you haven’t gotten one before.
If you’ve worked on a construction project you may have come across a Quantity Surveyor (QS). However a number of people who have never worked in the industry, or are entering the property market, may have never come across such a consultant.
Sustainable construction is about meeting present day construction needs, without compromising the ability for future generations to meet their own needs.
Just like any project, someone has to manage it. So what makes Construction Project Management so different to Project Management?