Calculate the fully loaded labor costs for members of your project team using the following data. Who
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Calculate the fully loaded labor costs for members of your project team using the following data. Who is the most expensive member of your team? What proportion of the overall fully loaded cost of labor is taken up by this individual?
Name | Hours Needed | Overhead Charge | Personal Time Rate | Hourly Rate | Fully Loaded Labor Cost |
---|---|---|---|---|---|
Todd | 150 | 1.45 | 1.15 | $36/hr | ? |
Stan | 150 | 1.70 | 0 | $12/hr | ? |
Mary | 120 | 1.45 | 0 | $21.5/hr | ? |
Alice | 100 | 1.70 | 1.15 | $24/hr | ? |
A proportion refers to the fraction of the total representing a certain feature. To determine proportions, we determine the the quantity we want to determine its quantity and the total quantities.
Related Book For
Project Management Achieving Competitive Advantage
ISBN: 978-0133798074
4th edition
Authors: Jeffrey K. Pinto
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