What would a pricing document likely contain aside from costs?

A pricing document is critical for outlining not only the costs associated with a service or product but also the components that contribute to those costs. One vital aspect is the information about labor components, which provides a breakdown of labor costs involved in delivering the service or product. This includes details on labor rates, expected hours of work, and the skill levels required, all of which help clarify how the total price is formulated.

Labor costs are a significant part of overall expenses, and presenting these clearly helps customers understand the justification for pricing. By including this information, the document ensures transparency and aids clients in making informed decisions, as they can see how much of their investment goes toward labor versus materials or overhead.

Other options like risk assessments, customer reviews, or marketing strategies may play roles in broader aspects of project management or business planning but do not directly relate to the specific components of pricing as labor costs do.