Question: You have been assigned to be the project manager for engineering design services on a project that you are proposing on and you are putting

You have been assigned to be the project manager for engineering design services on a project that you are proposing on and you are putting together the proposal. The owner wants to use a cost-plus contract with hourly labor rates for different worker categories plus reimbursable project expenses. Your company break-even labor multiplier is 2.74. You have completed your WBS and your project plan and have determined that, for your project, you expect the average direct hourly labor rate (ie, what they are actually paid per hour) for the people expected to work on your project to be:

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