PjM Section 1 Sample Item 2 Please Help
Just one question: Where does the additional $25 come from in step 3? Can't figure it out!
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Utilization of the Project Architect and Architectural Designer should be maximized - so we add up direct rates for both Project Architect ($40) and Architectural Designer ($25) assuming that they will dedicate 100% of their billable time (or 40 hours a week). Hope it helps.
And: I had previously asked a question about this particular sample problem. Problem states: The design schedule for the project is 16 weeks long at 40 hours per week. - Does this mean that the team can dedicate only 40 hours of COMBINED time between all team members for working on this project PER WEEK. If this is the case, the calculations will be completely different.
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