Perhaps the most important job factors that must be established before an estimate of any trade can be prepared are the ____ and equipment prices prevailing at the location of the project under consideration.
A)trade labor times
B)trade lead times
C)trade qualifications
D)trade wage rates

Question

Quizplus · Accepted Answer

Before preparing an estimate for a trade, it is important to establish the prevailing wage rates for that trade in the location of the project. This is because wage rates can vary from region to region and are a significant factor in determining the cost of labor for a project. Other factors listed, such as labor times, lead times, and qualifications, are also important considerations in estimating a project, but they are not as critical as knowing the wage rates.

Perhaps the Most Important Job Factors That Must Be Established