Under Recovery and Hourly rate Flashcards
1
Q
Hourly rate equation
A
Hourly rate = Total cost per pers./ Hours worked
2
Q
C&B (compensation and bonus)
A
How much people cost
3
Q
Facility share
A
How much the facilities assocaited to them cost
4
Q
Prod. Hours
A
Hours allocated to the project the PM is working for
5
Q
Under Recovery
A
when the prod. hours of employees don’t offset the costs allocated for them in the cost center
6
Q
Over Recovery
A
when the productive hours offset more than expected the costs allocated for them in the PM Cost center
7
Q
A
