What is cmm, Cost Accounting

Assignment Help:

CMM is an internationally recognized standard for calculating the maturity of an organization's software development processes and has become the primary benchmark multinational corporation's use to judge IT service gives ' abilities to deliver high quality software. Bleum is now one of only a few companies in China to be assessing SEI CMM Level 5.


The Capability Maturity Model (CMM) was developed under the guidance of the Software Engineering Institute (SEI) of Carnegie Mellon University in the U.S. It is structured into five maturity levels with SEI CMM Level 5 being the highest. By operating at this high a CMM level, customers ' advantage from Bleum's ability to consistently deliver high quality software on schedule, which ultimately results in a lower total cost of software ownership because of less rework and easier maintenance.

 


Related Discussions:- What is cmm

Product versus period costs, Product Versus Period Costs Another way to...

Product Versus Period Costs Another way to look at manufacturing costs is to think of them as attaching to a product. In other words, goods result from the manufacturing proces

Current overhead cost allocation system, Sam Edwards has been the accountin...

Sam Edwards has been the accounting manager for Jade Manufacturing in a highly competitive international market for ten years. Jade Manufacturing produces heavy equipment for two m

Evaluate the discounted mean term, Evaluate the discounted mean term (DMT) ...

Evaluate the discounted mean term (DMT) of a bond redeemable at $120 nominal in 15 years time with annual coupons of 7% (based on a nominal bond of $100) at interest rates of 6% ,

Determine growth rate, (a)  The value of a share of Rio National Equity on...

(a)  The value of a share of Rio National Equity on 31 December 2002, using the Gordon growth model and the capital asset pricing model, can be determined as follows. Required

Example of batch costing, Example of Batch Costing The budgeted variab...

Example of Batch Costing The budgeted variable overheads of a company for the year of 2001 are as given as: Department                Overhead (shs.)

Making variance analysis more meaningful, Making Variance Analysis More Mea...

Making Variance Analysis More Meaningful To compose variance analysis as useful aid to management is the main objective of variance calculations.  However this can only be don

prepare a simple balance sheet, Assume that Banc One receives a primary de...

Assume that Banc One receives a primary deposit of $1 million. The bank must keep reserves of 20 percent against its deposits. Prepare a simple balance sheet of assets and liabilit

Calculate capacity ratio and efficiency ratio, Woodall Ltd has two producti...

Woodall Ltd has two production departments, X and Y. For month 2, the company budgets its overhead costs as:   X Y Variable overhead

Direct cost as a relevant cost, Direct Cost as a Relevant Cost Direct ...

Direct Cost as a Relevant Cost Direct costs may be directly chargeable to a cost center or a product. They may be fixed costs or variable costs whereas it comes to decision-ma

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd