What term describes the costs that are indirectly related to a project?

The term that accurately describes costs that are indirectly related to a project is "indirect costs." Indirect costs refer to expenses that cannot be attributed directly to a specific project or activity but are necessary for the overall functioning of an organization or project. These costs can include overhead expenses such as administrative salaries, utilities, office supplies, and other general expenses that support the project or organization as a whole but are not directly tied to any single output or deliverable.

In contrast, direct costs are those that can be directly traced to a specific project, like materials or labor specific to that project. Capital costs typically refer to long-term investments in physical assets, while project expenditures encompass all costs associated with a project, both direct and indirect. Therefore, understanding indirect costs is crucial for comprehensive budgeting and financial planning within project management.