Select all that applyWhich of the following are typically included in baselines?Multiple select question.OverheadEquipmentMaterialsProfitLabor

Understanding the Question

The question asks which items are typically included in baselines, and it is a multiple-select question, indicating that more than one option may be correct.

Review of Each Option

1. Overhead: This refers to the ongoing expenses of operating a business that are not directly attributed to creating a product or service. Overhead costs are often included in baselines for budgeting and forecasting.

2. Equipment: This involves the costs associated with the machinery and tools required to complete a project or perform a service. Equipment costs are typically included in baseline estimates.

3. Materials: These are the tangible items used in the construction or production process. Material costs are considered essential components of baselines as they directly relate to the expenses incurred for a project.

4. Profit: While profit is the desired return from an investment, it is not usually included in the baseline estimations. Baselines generally focus on costs rather than anticipated profits.

5. Labor: This refers to the costs associated with the workforce required for a project. Labor costs are typically included in baselines as they represent a significant part of project expenses.

Conclusion

Based on this analysis, the following items are typically included in baselines:

• Overhead
• Equipment
• Materials
• Labor

Final Answer

Items included in baselines: Overhead, Equipment, Materials, Labor.