Effective management of miscellaneous costs involves:
Detailed budget planning: Early and thorough planning can help identify potential miscellaneous costs. Regular monitoring and reviews: Keeping track of expenditures and comparing them against the budget can help manage costs in real-time. Contingency funds: Allocating a portion of the budget as a contingency fund can cover unexpected miscellaneous expenses. Efficient resource utilization: Using shared resources and negotiating better rates for supplies and services can help reduce costs.
