Ch. 18 Create Estimates for AV Activities Flashcards
1
Q
Why would you put in contingency or management reserve costs in a proposal?
A
To cover any unforseen risks or costs to the project.
2
Q
What is the first task that must be performed to estimate costs for a project?
A
Work Breakdown Structure.
3
Q
What is a BOM?
A
A bill of materials that includes a list of equipment, supplies, and materials required for the project includin the quantity and cost of each item.
