Indirect Cost from a different perspective
INDIRECT COST from a different perspective.
It is the decision making "cost factor" for any project.
It is the cost which the owners of any organisation has to bear primarily because they can't take the entire risk, responsibilities and liabilities by themselves.
For example, if the owner of a construction company can be all in one: a purchaser, a manager, a supervisor, a recruiter, a coordinator and can get the entire project executed , alone by his presence at a construction site then, Indirect Cost significantly reduces or may even tend to zero.
However this is absolutely unfeasible and thus there are indirect costs involved in any projects in the form of salaries for staff, rent for their accomodation, vehicle used by them, their maintenance, their housekeeping, their welfare and these are just few to name!!
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[edit] About CIRCuIT
The Circular Economy wiki is supported by the Circular Construction in Regenerative Cities (CIRCuIT) project, which is funded by the European Union's Horizon 2020 research and innovation programme. CIRCuIT is a collaborative project involving 31 ambitious partners across the entire built environment chain in Copenhagen, Hamburg, Helsinki Region and Greater London. Through a series of demonstrations, case studies, events and dissemination activities, the project will showcase how circular construction practices can be scaled and replicated across Europe to enable sustainable building in cities and the transition to a circular economy on a wider scale.