Labor Costs - 1
Considerations include
- Direct labor hours should be estimated at the activity or task level
- And aggregated to the work package level
- May be assessed per unit of quantity
- Or as a justifiable lump sum
- Hourly rates may be applied as
- Bare labor, actual pay rate only
- "Payroll cost", I.e. pay rate plus statutory "burdens"
- Or, calculated as "All-in" rates