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.
A project charter announces that a new project has started and ensures your project gets off to the right start, with management support and aligned with organisational objectives. The multiple purposes of a project charter include: announcing a project has begun. authorizing the project. demonstrating management support for the project and project manager. setting out management expectations for the results. spelling out the nature and scope of the work.