Cost Allocation Toolkit

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Secure that your organization maintains your organization wide Cost Allocation schedules and distributes to all parties involved with allocating expenditures.

More Uses of the Cost Allocation Toolkit:

  • Consolidate metrics from each team to drive top line forecast and Cost Allocations.

  • Develop: timely review of general ledger supporting schedules related to Cost Allocations.

  • Coordinate interorganization Cost Accounting/Cost Allocations for affiliated organizations.

  • Make sure that your organization develops and maintains Cost Allocation approaches.

  • Confirm your organization understands and provides input on Cost Allocation to Financial Reporting systems.

  • Develop: indirect Cost Allocations to job cost.

  • Secure that your organization coordinates with Procurement and Finance for proper software Cost Allocation.

  • Be accountable for leveraging key work drivers analytics to support the process of Cost Allocation from Operations to business units.

  • Provide clear information on Cost Allocations to various products for Management Review.


Save time,, empower your teams and effectively upgrade your processes with access to this practical Cost Allocation Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Cost Allocation related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Cost Allocation specific requirements:

STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Cost Allocation Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 995 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Cost Allocation improvements can be made.

Examples; 10 of the 995 standard requirements:

  1. Does the Project Manager understand that he/she needs to allocate reserve cost, reserve schedule, or replace or add personnel when responding to risks which have occurred?

  2. Which manufacturing disciplines and capacities do you commit to the project, which engineers with which skill sets, how many Project Managers and inventory are available?

  3. What happens if a review in a future year indicates that the asset is no longer impaired because the recoverable amount of the asset is higher than the carrying amount?

  4. Does your organization maintain formal and effective Cost Allocation policies, procedures, and related manuals that apply approved costing principles for transactions?

  5. Is the billing system expected to post transactions to financial systems or only prepare an exported data set that can be imported into the financial systems?

  6. Are the traditional methods of comparison, as direct labor costs or cost percentage allocated to assembly for each material type, truly adequate or relevant?

  7. Are your allocation methodologies effective in providing the right level of transparency to your clients in order to facilitate effective Demand Management?

  8. Can every stakeholder clearly agree with, support, and draw a line to the structural components and Cost Allocations aligned to mission or functional area?

  9. How should the cost to complete, cost of disposal and reasonable profit allowance for the selling effort associated with acquired inventory be determined?

  10. Can an embedded cost approach to Cost Allocation allocate costs based on cost-causation and set rates that improve allocative and productive efficiency?

Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Cost Allocation book in PDF containing 995 requirements, which criteria correspond to the criteria in...

Your Cost Allocation self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Cost Allocation Self-Assessment and Scorecard you will develop a clear picture of which Cost Allocation areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Cost Allocation Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:


STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Cost Allocation projects with the 62 implementation resources:

  • 62 step-by-step Cost Allocation Project Management Form Templates covering over 1500 Cost Allocation project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Activity Duration Estimates: Are risks monitored to determine if an event has occurred or if the mitigation was successful?

  2. Procurement Audit: Does the strategy ensure that the best supplier is chosen considering: price, quality, service, dependable operation, internal operation costs, life time operation costs and codes of ethic?

  3. Procurement Audit: Are information gathered to produce knowledge about procured goods and services, prices paid and supplier performance?

  4. Risk Register: Cost/benefit – how much will the proposed mitigations cost and how does this cost compare with the potential cost of the risk event/situation should it occur?

  5. Activity Duration Estimates: Are tools and techniques defined for gathering, integrating and distributing Cost Allocation project outputs?

  6. Activity Duration Estimates: Do you agree with the suggestions provided for improving Cost Allocation project communications?

  7. Responsibility Assignment Matrix: When performing is split among two or more roles, is the work clearly defined so that the efforts are coordinated and the communication is clear?

  8. Responsibility Assignment Matrix: Does the contractor use objective results, Design Reviews, and tests to trace schedule?

  9. Human Resource Management Plan: Are the quality tools and methods identified in the Quality Plan appropriate to the Cost Allocation project?

  10. Project Scope Statement: Will all Cost Allocation project issues be unconditionally tracked through the Issue Resolution process?

Step-by-step and complete Cost Allocation Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

2.0 Planning Process Group:

3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log

4.0 Monitoring and Controlling Process Group:

  • 4.1 Cost Allocation project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance

5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Cost Allocation project or Phase Close-Out
  • 5.4 Lessons Learned



With this Three Step process you will have all the tools you need for any Cost Allocation project with this in-depth Cost Allocation Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Cost Allocation projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based best practice strategies aligned with overall goals
  • Integrate recent advances in Cost Allocation and put Process Design strategies into practice according to best practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Cost Allocation investments work better.

This Cost Allocation All-Inclusive Toolkit enables You to be that person.


Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.