Question: A project task is estimated to require 200 hours to complete if done by the internal team. However, the internal team is partially allocated on
A project task is estimated to require 200 hours to complete if done by the internal team. However, the internal team is partially allocated on other projects. It is estimated that the same task would take a temporary worker 250 hours. The internal labor rate is $73.50 per hour with all benefits. The temporary worker billing rate is $55.00 per hour. Which approach is the lowest cost?
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