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1. What is Loaded cost when it comes to determining a resource's hourly rate? Why is it important for project managers? 200 Words in one

1. What is Loaded cost when it comes to determining a resource's hourly rate? Why is it important for project managers? 200 Words in one paragraph. Refer from Kerzner, H. (2017). Project Management : A Systems Approach to Planning, Scheduling, and Controlling. (12th). Hoboken, New Jersey, United States of America: Wiley

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