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of labor for the project team using the following data. What are the costs for the individual
project team members? What is the fully loaded cost of labor for the whole project?
Solution:
Name Hours
Needed
Overhead
Charge
Personal
Time Rate
Hourly
Rate
Fully
Loaded
Labor Cost
Sandy 60 1.35 1.12 $18/hr. -----
Chuck 80 1.75 1.12 $31/hr. -----
Bob 80 1.35 - 0 - $9/hr. -----
Penny 40 1.75 1.12 $30/hr. -----