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Excerpt from WWW.FullCost.COM, © 2020 N. Dean Meyer and Associates Inc.

Full-cost Maturity Model. 2008

Report documenting the Full-cost Maturity Model -- a standard metric of an organization's capability to plan the full costs of its products and services.

More background on the Full-cost Maturity Model....

FMM defines five levels of capability -- from simple cost transparency to fully burdened rates -- and the essential elements (methods, processes, and tools) required to make each level work.

FMM is a practical framework used to help an organization (e.g., an internal service provider like IT) assess where it is in the maturity process, decide the target level needed to support its governance and tracking processes, and guide the implementation of exactly the methods and tools required to attain or fine-tune that target level.

The "Full-cost Maturity Model" report examines the problems caused by traditional budgeting and costing methods. It presents a detailed vision of the solution -- calculating the full cost to shareholders/taxpayers/donors of an organization's products and services. It catalogs the benefits of doing so. Then, it introduces the Full-cost Maturity Model (FMM) which explains the practical challenges of implementing full costing, and a step-by-step path forward.

Format: report, 88 pages. $36.50 US

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