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Hello again and welcome back to our course on Project 2016. In this section were going to start to look at Costs. And Im going to begin by looking at the bathroom refit project. Were going to look at some basic aspects of costs in this project. Then Im going to set you Exercise 05 to do, put in a little bit more detail about cost in relation to the bathroom refit. And then in the section after that were going to look at a couple of other more general aspects of cost and were going to also look at the cost for the wedding. So first of all lets look at the cost for the bathroom refit. And what Im preparing here is version 05A of the bathroom refit project. And Im going to go to the Resource Sheet and were going to look first of all at the cost related to the electrician. Now for work resources, generally, basically we would need at least a standard rate for a cost. And by default cost rate is entered in currency units per hour. You can express it, for instance, in cost per day