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Activity-Based Estimates

19 January, 2016 - 17:35

An activity can have costs from multiple vendors in addition to internal costs for labor and materials. Detailed estimates from all sources can be reorganized so those costs associated with a particular activity can be grouped by adding the activity code to the detailed estimate (Figure 12.4  Detailed Costs Associated with Activities ).

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Figure 12.4  Detailed Costs Associated with Activities 
 

The detailed cost estimates can be sorted and then subtotaled by activity to determine the cost for each activity.