Using your textbook, read the Directed Reading entitled "Three Perceptions of Project Cost."

Based on your research and reading, answer the following questions:

What are the differences in the ways project managers, accountants, and financial comptrollers perceive the expenses of a project?

How are indirect costs involved in the preparation of the budget for a project?

Using the typical profit and loss statement included in the Directed Reading, does it surprise you that a $1,000,000 project will generate only the Net profit shown on the bottom line of that statement? Why or why not?