Cost transparency

Cost transparency

In 2012 KPMG presented a paper entitled Taking the Complexity out of Managing the Expense Line which highlighted the challenge of ensuring that general and administration costs (effectively labour costs, plus some other activity related costs), get burdened accurately and transparently to the right places. Given the timing of projects in Australia and in the ASPAC region, operators were struggling to manage the growth in the expense line versus the imperative to build against project milestones.

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