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Questions and Answers
What is the definition of a labor hour?
What is the definition of a labor hour?
- Two workers working for one hour
- One worker working for two hours
- Two workers working for two hours
- One worker working for one hour (correct)
Why is Historical Data valuable for estimating labor costs in construction?
Why is Historical Data valuable for estimating labor costs in construction?
- It reflects a company's actual performance in completing tasks (correct)
- It provides estimates based on hypothetical scenarios
- It shows the best-case scenario for productivity rates
- It reflects average conditions for the future
What is essential in construction projects and serves as the basis for cost estimation in quantity take-offs?
What is essential in construction projects and serves as the basis for cost estimation in quantity take-offs?
- Overhead costs
- Material costs
- Labor costs (correct)
- Equipment costs
What does the process of estimating labor costs involve?
What does the process of estimating labor costs involve?
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Why is it necessary to know both the quantity of work and the productivity rate of the crew when calculating labor hours?
Why is it necessary to know both the quantity of work and the productivity rate of the crew when calculating labor hours?
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