tl: Mark True or False and et stmcets 1. In coestruction fails to True Fa 2. Det

Question

tl: Mark True or False and et stmcets 1. In coestruction fails to True Fa 2. Detailed cost estimates "re prepared by the i- during the detailed design nge o ty Trae 3. The costs of mobilization and demobilization of of the cost of operating the equipment 4. The re-measared type of contracts 5. In cost-plas type of a piece of equipent ane considered True is mone risky to the contraclor from the lump smty False t True contracts, the sliding foe is a fee that decreases lincarly with the anoun Tnae t of cost savings made. False 6. It is to use hamp-sum contracts when the work is defined in detail and the risk True False 7. In the ng process, during the evaluation and selection stage, the owner is v responsible to inform all bidders of questions from contractors. competitive biddi a any changes in dates or regulations and answer any False If the project manager has the option to sclect between two methods of construction (working for 8 hours a day or for 12 hours a day), it is expected that the total direct cost of working for 12 hours a day to be lower while the duration is higher as compared with working for 8 hours a day Truc 8. False True 9. It is appropriate to use negotiated cost-plus contracts when the project is complex and the level of risk is low False True 10. Performing a work breakdown structure involves breaking down the project into definable and measurable work tasks, subtasks, and work packages. True False

Explanation / Answer

1. True

2. False: the construction project cost is estimated by the client besides the choices made by project manager while drawing up the design brief

3. true

4. true

5. true

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