Arbelos Solutions Interview Questions and Answers

Rate analysis involves calculating the cost of materials, labor, and equipment for a construction project.

• Identify the quantities of materials needed for the project

• Determine the cost of each material

• Calculate the cost of labor and equipment needed for the project

• Add all costs together to determine the total cost of the project

• Use software programs or spreadsheets to simplify the process

• Regularly update the rate analysis to reflect changes in material and labor costs