Project management and costing systems: ABC SCRUM

Abstract

In this article we advocate the use of project management principles and agile methodologies used mainly in software design to support the development of more effective costing systems. In this context, it is important to highlight two elements: the project with its phases, initiation, planning, execution, monitoring and control and closure, and the product, which would be within the execution phase of the project, design and implementation. The proposed scrum methodology for the design of activity-based costing (ABC) models is presented and discussed. Its advantages but also some use difficulties are presented. Namely, it facilitates the active participation of stakeholders, which increases the degree of acceptance of the costing system. On the other hand, among the problems encountered in applying the proposed ABC Scrum we highlight the need of regular meetings to give and receive feedback.