Answered step by step
Verified Expert Solution
Question
1 Approved Answer
b) Calculate point of total assumption (PTA) using the given values. Justify the result. (2.5 marks) Target Cost 120,000 Target Fee 30,000 Target Price 150,000
b) Calculate point of total assumption (PTA) using the given values. Justify the result. (2.5 marks) Target Cost 120,000 Target Fee 30,000 Target Price 150,000 Sharing Ratio (Cost Overrun Sharing Ratio) 60/40 Ceiling Price 210,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started