The enterprise environmental factors that influence the Estimate Cost process include but are not limited to:
• Market conditions. Market conditions describe what products, services, and results are available in the market, from whom, and under what terms and conditions.
• Published commercial information. Resource cost rate information is often available from commercial databases that track skills and human resource costs, and provide standard costs for material and equipment. Published seller price lists are another source of information.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.