Answer: direct
Costs such as labor materials equipment or contractors are examples of ________ project costs.
Equipment - (1) a category of cost for organizing and summarizing costs (2) construction equipment used to execute the project work (3) engineered equipment such as pumps or tanks. Escalation is defined as changes in the cost or price of specific goods or services in a given economy over a period.
Indirect vs direct costs . Most cost estimates are broken down into direct costs and indirect costs .. Direct costs are directly attributable to the object and it is financially feasible to do so. In construction the costs of materials labor equipment etc. and all directly involved efforts or expenses for the cost object are direct costs .
Capital cost - Wikipedia
Indirect costs - Wikipedia
In construction the costs of materials labor equipment etc. and all directly involved efforts or expenses for the cost object are direct costs . In manufacturing or other non- construction industries the portion of operating costs which is directly assignable to a specific product or process is a direct cost . [1]
Labor burdens material costs construction equipment costs and if applicable subcontractor costs are also extended on the estimate detail form. Other costs and pricing are added such as overhead profit sales or use taxes payment and performance bonds escalation and contingency .
Soft costs differ from hard costs in both labor and materials ; they are generally not considered to be exclusively related to physical construction . Rather they are commonly perceived to entail non- construction costs such as taxes marketing expenses interest payments and finance charges. The soft costs endorsement provided in the Builders ...
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