ICMS Cost definitions

Cost categories

Costs are categorised into four levels as follows:

• level 1: project or subproject
• level 2: cost categories
• level 3: cost groups
• level 4: cost sub-groups

High level reporting

Level 2 costs are frequently used to define the cost categorisation of a project based on these definitions:

• Acquisition costs
• Construction costs
• Renewal costs
• Operation costs
• Maintenance costs
• End of life costs