Any substance consisting of two or more different types of atoms (chemical elements) in a fixed proportion of its atoms (i.e., stoichiometry) can be termed a chemical compound; the concept is most readily understood when considering pure chemical substances.
Definition - What does Over-Allocation mean? Over-allocation generally refers to situations where resources are allocated at excessive levels. In the context of IT, the resources often refer to hardware or software capabilities such as processing power, memory, data management, bandwidth or other specifications.
1 Allocation of costs is the transfer of costs from one cost item to one or more other cost items. 2  Allowance-a value in an estimate to cover the cost of known but not yet fully defined work. 3  As-sold estimate-the estimate which matches the agreed items and price for the project scope. Equipment - (1) a category of cost for organizing and summarizing costs, (2) construction equipment used to execute the project work, (3) engineered equipment such as pumps or tanks. 2  Escalation is defined as changes in the cost or price of specific goods or services in a given economy over a period.