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Cost reduction is the process used by organisations aiming to reduce their costs and increase their profits, or to accommodate reduced income. Depending on a company’s services or products , the strategies can vary.
The National Partnership for Reinventing Government (NPR) was a U.S. government reform initiative launched in 1993 by Vice President Al Gore. Its goal was to make the federal government "work better, cost less, and get results Americans care about". [1]
Waze is a free turn-by-turn GPS application for mobile phones that uses crowdsourcing to provide routing and real-time traffic updates. [ 127 ] " We Are The World 25 for Haiti (YouTube Edition) " is a massively collaborative charity song and music video produced by Canadian singer-songwriter Lisa Lavie and posted to the YouTube video sharing ...
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Cost-plus-incentive fee (CPIF) contracts have a larger fee awarded for contracts which meet or exceed certain performance goals, for example being on schedule and any cost savings. [1] Cost-plus-award fee (CPAF) contracts pay a fee based upon the contractor's product. An aircraft development contract, for example, may pay award fees if the ...
The Infrastructure Client Group (ICG) was founded in 2010 to support the implementation of the British government's 2010 Infrastructure Cost Review which highlighted an opportunity to make efficiency savings of 15% in infrastructure procurement by 2015.
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