Respuesta :
In the project cost estimate, labour costs represent the estimated costs for the various types or classifications of people who are expected to contribute to the project. Hence, Option B is correct.
Project costs are, in general, the sum of the money required to cover and finish a commercial transaction or a work project. Costs associated with a project that are directly related to it and required to finish it are referred to as direct costs.
In order to measure cost and productivity across the whole lifecycle of enterprise level projects, a method called project cost management is used.
These costs are based on the anticipated work time, which is not always the same as the anticipated duration of the activity, and the hourly wage for each type of worker.
Therefore, Option B is correct.
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The complete question has been attached in text form:
Labor 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 dollar labor rate for each.
O Subcontractors
O people who are expected to work on the project
O overhead and direct expenses
O people, even if they are not directly assigned to the project
