Jump to content

Standard Cost Coding System

Add links
From Wikipedia, the free encyclopedia
This is an old revision of this page, as edited by BG19bot (talk | contribs) at 07:11, 28 January 2015 (WP:CHECKWIKI error fix for #61. Punctuation goes before References. Do general fixes if a problem exists. - using AWB (10809)). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

A Standard Cost Coding System is a system of cost classification that can be used for benchmarking cost and quantities data. In the Norwegian oil and gas industry, NORSOK Z-014 developed as part of the NORSOK standards. ISO is also developing a Standard Cost coding System as an extension of NORSOK Z-014 under ISO 19008.

Typically a Cost Classification system would be used to classify, activities, resources and product structure. In NORSOK Z-014, these classification taxonomies are called Standard Activity Breakdown (SAB), Code of Resources (COR) and Physical Breakdown Structure (PBS).[1]

References

  1. ^ http://www.borosolutions.co.uk/solutions/content/files/C5%20-%20ONTOBRAS-2013%20-%20Tutorial%20-%20NORSOK%20SCCS.ppsx/view
Retrieved from "https://en.wikipedia.org/w/index.php?title=Standard_Cost_Coding_System&oldid=644520866"