The cost engineer of a project management group has developed a simple regression model for costing each
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Question:
The cost engineer of a project management group has developed a simple regression model for costing each floor of a high-rise project. The model has an intercept of 100K and the slope or gradient is shown to be an increase of $278 per added square feet plus $20000 per added floor. What is the estimated project cost of $1000 for 20000 Square feet located on the sixth floor?
a. | 5680 | |
b. | 5780 | |
c. | 11660 | |
d. | 10580 |
Related Book For
Project Management A Systems Approach to Planning Scheduling and Controlling
ISBN: 978-0470278703
10th Edition
Authors: Harold Kerzner
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