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NEW ENGLAND POWER POOL GENERATION INFORMATION SYSTEMOPERATING UNSTABLE OF CONTENTS Page PART 1×GENERAL×1 Rule 1.1×Functional Requirements; Cost Allocation×1 Rule 1.2×Definitions×1 Rule 1.3×Amendments
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Functional requirements cost allocation is the process of identifying and allocating the costs associated with meeting the functional requirements of a project or system.
Typically, project managers or system developers are required to file functional requirements cost allocation.
To fill out functional requirements cost allocation, you need to identify the costs related to meeting the functional requirements, allocate these costs accordingly, and report them as required.
The purpose of functional requirements cost allocation is to provide transparency and accountability in managing the costs associated with meeting the functional requirements of a project or system.
Information that must be reported on functional requirements cost allocation includes a breakdown of costs related to each functional requirement, the method of cost allocation used, and any relevant documentation supporting the cost allocations.
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