A. The prevailing wage rate is the basic hourly rate paid on public works projects to a majority of workers engaged in a particular craft, classification or type of work within the locality and in the nearest labor market area (if a majority of such workers are paid at a single rate).. The prevailing wage rate is the basic hourly rate paid on public works projects to a majority of workers engaged in a particular craft, classification or type of work within the locality and in the nearest labor market area (if a majority of such workers are paid at a single rate).
The Purpose Of Project Management And Setting Objectives. Project Management has developed in order to plan, co-ordinate and control the complex and diverse activities of modern industrial and commercial projects. All projects share one common characteristic - the projection of ideas and activities into new endeavours.
written by: Marlene Gundlach â¢ edited by: Marlene Gundlach â¢ updated: 4/21/2013. The project charter helps to establish goals for a project, ensuring more success in the end. Setting forth these goals can give your project the guidance and organization it needs to meet the needs of your stakeholders.inal Tips. A project charter has goals, and these goals will drive the format, language, and style of the charter. Simple and short is always better, and unnecessary vocabulary or extraneous information should be deleted. Throw out the thesaurus and get to the point, describe the issues concisely, and be done.