FREE Bachelor of Construction Management Questions and Answers
How are project expenses determined?
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Project costs are typically calculated by considering various elements such as labor, materials, equipment, and other direct and indirect expenses.
Which stage of a project is the project plan monitored the most closely?
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Typically, the project plan is most closely monitored during the execution phase, specifically during the building and testing phase. This phase involves the actual implementation of the project plan, where tasks are performed, deliverables are produced, and progress is closely monitored.
The following are the main distinctions between projects and operations:
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Parties engaged in the building, with the exception of
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The contractor's duties include:
i) To build and complete the construction based on the contract.
ii) To comply with the local authorities regulations.
iii) Own and finance the project.
iv) to bear all the carried out and completed work at the site.
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What are any project's three main parts?
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What are the four standard project phases?
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