How could you estimate or determine your labor cost

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Reference no: EM133621215

Question

If looking at past projects for labor cost is not an option, how could you estimate or determine your labor cost? In addition, let us presume that this is an internal project within a company using the employees as the labor/project team. How would you go about determining your labor costs? Can you ask what everyone's annual salary is or better yet, can you go to HR to get their salary information? Would HR release this information to you? How do you overcome this obstacle?

Reference no: EM133621215

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