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Project markup calculation - Project Management Questions
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Project markup calculation

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How do you calculate the project markup? Also, I don't think I understand the concept of the project markup very well, could someone please explain it to me (I know it has something to do with the project costs).
asked 5 years ago by anonymous

1 Answer

0
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The project markup is an amount added to actual project costs to determine the profit.  There is not a singular way to calculate this and if there is to be a project markup, it must be specified within the contract.  Almost every type of contract except a pure cost reimbursement contract includes some type of profit in the form of a fee, award, or incentive.
answered 5 years ago by sdcapmp (45,840 points)

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