COST CEILING Definition

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COST CEILING, in project management, is the sum of the Project Cost Target plus the projects Contingencies cost allowances.

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NET PATIENT REVENUE (NPR), in hospitals, is gross inpatient revenue plus gross outpatient revenue minus related deductions from revenue.

SPLIT-OFF POINT is the stage in the production process at which joint products become identified as distinct products which can be sold or processed further; this is called the split-off point.

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