
This M deals with aspects that involve money analysis:
- ABC; the robust method of recognizing true costs based on activities transactions
- Accounting; taking care of issues related to budgets and cash flow
- Economics; simple economic metrics to monitor important issues such as inflation
- Engineering economy; where engineering meets economics on matters such as capital allocation
- Life cycle cost; understanding which stage we are in a cycle
- Product cost; applying proper cost estimation measures
- Performance pay; effective compensation administration
- Risk; pinpointing the economical risks