Chapter 7: Budgeting: Estimating Costs & Risks Flashcards
1
Q
budgets on most projects =
A
material + labor + equipment + capital + overhead + profits = bid
2
Q
types of budgeting
A
top-down, bottom-up, negotiated
Project Management > Chapter 7: Budgeting: Estimating Costs & Risks > Flashcards
budgets on most projects =
material + labor + equipment + capital + overhead + profits = bid
types of budgeting
top-down, bottom-up, negotiated