Labour costs in the project costs estimate are the estimated costs for the various types or classifications of and are based on the estimated work time (not necessarily the same as the activity estimated duration) and the Rand labour rate for each.
A) people who are expected to work on the project
B) people, even if they are not directly assigned to the project
C) overhead and direct expenses
D) subcontractors
Correct Answer:
Verified
Q3: In many cases, there will be a
Q5: The worst scenario from the contractor's point
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Q7: It is good practice to have the
Q8: Cost estimates should be unreasonable and excessive.
Q9: The key to effective cost control is
Q11: Based on analysis of actual cost it
Q15: Materials costs in the project costs estimate
Q15: Equipment costs in the project costs estimate
Q17: It is important to manage the cash
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