CPE Project Scheduling & Time Management Flashcards
6 cards from real CPE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CPE Project Scheduling & Time Management flashcards as text
How does 'fast-tracking' affect project cost estimates?
Answer: Overlaps design and construction phases, potentially increasing cost through rework and coordination
Fast-tracking compresses schedule by overlapping phases but increases coordination complexity and rework risk, which estimators must account for with higher contingency.
Equipment rental cost for a crane is $2,500/week. The activity requiring the crane is on the critical path and takes 6 weeks. If the activity is delayed 2 weeks due to late drawings, what is the additional crane cost?
Answer: $5,000
Two weeks of delay × $2,500/week = $5,000 in additional crane rental cost directly attributable to the late drawing delay.
Which scheduling technique is best suited for repetitive construction such as high-rise floors or highway paving?
Answer: Line of Balance (LOB) / Linear Scheduling
Line of Balance (also called Linear Scheduling) shows the flow of repetitive work crews through identical units over time, optimizing crew utilization and minimizing idle time.
A project is scheduled to complete in 12 months, but the owner compresses the schedule to 10 months. Which cost element most likely increases?
Answer: Labor cost due to overtime and crew augmentation
Compressing schedule typically requires overtime premiums, additional crew sizes, or shift work — all of which increase labor cost substantially.
What is a 'look-ahead schedule' used for in construction cost management?
Answer: A 3–6 week detailed schedule used to coordinate upcoming work, procurement, and resource needs
Look-ahead schedules focus on the near-term horizon to ensure materials, subcontractors, and equipment are procured and on-site when needed, preventing costly delays.
Construction loan interest is a time-dependent cost that a CPE estimator calculates based on:
Answer: The average outstanding loan balance over the construction duration
Construction interest is calculated on the average outstanding loan balance (typically approximated as 50% of total loan) multiplied by the interest rate and construction period.