The standard for project management

Market conditions. 

These conditions describe what products, services, and results are available in the market, 

from whom, and under what terms and conditions. Regional and/or global supply and demand conditions greatly 

influence resource costs.

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Published commercial information. 

Resource cost rate information is often available from commercial 

databases that track skills and human resource costs, and provide standard costs for material and equipment. 

Published seller price lists are another source of information.

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