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{{learned|what costs are| how costs relate to the {{software}}}}
The cost is the quantity of [[currency]] needed to execute or perform certain [[Actions]] during a [[session]]. An example of a cost can be the currency needed to build a [[Building|building]].  
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==What is a Cost?==
The cost is the quantity of [[currency]] needed to execute or perform certain activity types during a [[session]]. An example of a cost can be the currency needed to build a building.  


==How does a Cost relate to the {{software}}?==
==How does a Cost relate to the {{software}}?==
In the platform costs are values given to actions that influence the budget of a stakeholder. It is possible to adjust the various values of cost functions of a feature manually in the category management.  
In the {{software}} costs are values created when [[Action]]s are taken that influence the [[Budget]] of a [[Stakeholder]]. It is possible to adjust the cost per [[Function]]. The cost of an action can be influenced by a variety of different factors (e.g. number of floors or building type). Incomes, together with costs, compose the total [[Budget]] of a [[Stakeholder]] in a session.
The cost of an action can be influenced by a wide variety of different factors (e.g. height or building type).


===Types of Costs===
===Types of Costs===
The platform distinguishes a wide variety of different types of costs:
The platform distinguishes a variety of different types of costs:
====[[Construction_cost_(Function_Value)|Constuction Cost]]====
====[[Construction_cost_(Function_Value)|Construction Cost]]====
: Construction costs refer to the value of money that has been used up to build a construction in the {{software}}. Also, the costs for terrain adjustments, such as lowering and raising the terrain, or changing the type of terrain, are referred to as Construction Costs.
: Building costs refer to the money that is used for constructing a [[Building|Building]]. Also, the costs for [[Terrain]] adjustments, such as lowering and raising the terrain, or changing the type of terrain, are referred to as Construction Costs.
: ''Note: When considering construction cost, it should be noted that constructions also generate [[Income#Income from constructions (rent)|income]].''
 
====[[Demolition_cost_(Function_Value)|Demolition Cost]]====
: Demolition costs refer to the value of money that has been used up to demolish an already existing construction in the {{software}}.


====Land Price when buying====
====Land Price when buying====
: The land price when buying reflects the purchase costs per measurement. This is a default value, however, this value is open for change during the negotiation process between the involved stakeholders.
: The land price when buying reflects the purchase costs per measurement. This is a default value, however, this value is open for change during the negotiation process between the involved stakeholders.


====[[Buyout_cost_(Function_Value)|Buy out Cost]]====
====[[Buyout_cost_(Function_Value)|Buyout Cost]]====
: When demolishing a construction in the {{software}} during a [[Project Session|project session]], the associated costs can be considerably higher when the building is not vacant. These extra costs are the buy out fee that needs to be paid to the occupants for their relocation. In general, it is cheaper to demolish vacant buildings, without the need for such a buyout fee.
: When demolishing a Building in the {{software}} during a [[planning session]], the associated costs can be considerably higher when the building is not [[Building#Vacancy|vacant]]. These extra costs are the buy out fee that needs to be paid to the occupants for their relocation.
 
====Interest (loan costs)====
: When a stakeholder is granted a (bank) loan, the calculated interest will be taken into account as costs. This is currently a fixed value in the {{software}} of an annual rate of 4%.


====Money Transfers to other Stakeholders====
====Money Transfers to other Stakeholders====
: It is possible to transfer money to other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an action that also positively affects an indicator for another stakeholder, who is willing to contribute to the project with an amount of money.
: It is possible to transfer money to other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an [[Action]] that also positively affects an [[Indicator]] for another stakeholder, who is willing to contribute to the project with an amount of money.
 
===Budget===
[[File:Budget overview.jpg|right|thumb|300px|An example of a budget overview]]
The budget of a stakeholder is the amount of money it can spend during a session, budgetary considerations and targets can guide the stakeholder in its spendings. There are various ways to get an insight into the financial status and thereby the made costs of a stakeholder during a session. The amount of money a stakeholder has during a game is influenced by [[income]] and cost. The cost a player makes consists out of the expenses, actions exceeding the budget of a stakeholder are not possible.
One method to access the cost made is to use the financial system, this option can be added via the action menu. 
{{Editor location|action menus}}
The budget overview can be added to a stakeholder by selecting [[List_of_actions#Finance|finance]] in the Special Options dropdown menu. This overview gives a convenient and quick insight in the Expenses and Income.
 
The [[Budget (Indicator)]] is another useful tool to gain insight in the cost balance of a [[stakeholder]].
{{Editor location|Indicators}}
This indicator can also be used to set specific financial targets for a stakeholder, making a stakeholder aware of certain budgetary consequences.


==How-to's==
==How-to's==
*[[How to adjust construction costs]]
*[[How to adjust Building Costs]]
*[[How to adjust demolition costs]]
*[[How to adjust Demolition Costs]]
*[[How to adjust land price when buying]]
*[[How to adjust Land Price when buying]]
*[[How to adjust buy out costs]]
*[[How to adjust Buyout costs]]
*[[How to adjust interest to be paid over (bank) loans]]


==See also==
==See also==
*[[Financial_system|Financial system]]
*[[Financial_system|Financial system]]
*[[Budget]]
*[[Income|Income]]
*[[Income|Income]]




[[Category:Items]]
[[Category:Items]]

Latest revision as of 11:40, 19 October 2022

The cost is the quantity of currency needed to execute or perform certain Actions during a session. An example of a cost can be the currency needed to build a building.

How does a Cost relate to the Tygron Platform?

In the Tygron Platform costs are values created when Actions are taken that influence the Budget of a Stakeholder. It is possible to adjust the cost per Function. The cost of an action can be influenced by a variety of different factors (e.g. number of floors or building type). Incomes, together with costs, compose the total Budget of a Stakeholder in a session.

Types of Costs

The platform distinguishes a variety of different types of costs:

Construction Cost

Building costs refer to the money that is used for constructing a Building. Also, the costs for Terrain adjustments, such as lowering and raising the terrain, or changing the type of terrain, are referred to as Construction Costs.

Land Price when buying

The land price when buying reflects the purchase costs per measurement. This is a default value, however, this value is open for change during the negotiation process between the involved stakeholders.

Buyout Cost

When demolishing a Building in the Tygron Platform during a planning session, the associated costs can be considerably higher when the building is not vacant. These extra costs are the buy out fee that needs to be paid to the occupants for their relocation.

Money Transfers to other Stakeholders

It is possible to transfer money to other stakeholders. This can happen, for example, as part of the negotiation process; one stakeholder performs an Action that also positively affects an Indicator for another stakeholder, who is willing to contribute to the project with an amount of money.

How-to's

See also

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