Question: 1. P=C+O+M C +I+M. Explain each term and where it is derived from? What is a direct cost and what terms in this expression are

1. P=C+O+M C +I+M.

Explain each term and where it is derived from? What is a direct cost and what terms in this expression are direct costs? What is an indirect cost and what terms in this expression are indirect costs?

2.You are in charge of a project to build a new swimming pool. Because it has to be complete before next Memorial Day, the schedule is very aggressive. It is October 1. Your plan is to work your crew every day. How can you customize your schedule to avoid confusion and make it more understandable?

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