Computer · Estimation and Costing
Rate analysis is defined as the process of:
- 1Preparing Gantt charts for project scheduling
- 2Reviewing competitive bids submitted by contractors
- 3Breaking down the unit cost of a work item into material, labour, and equipment components✓
- 4Analyzing site terrain and soil conditions
Correct answer
Breaking down the unit cost of a work item into material, labour, and equipment components
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