Answered: 1. Enumerate 5 factors that has an…

1. Enumerate 5 factors that has an impact on project cost. 2. Give 3 examples of a Direct Cost of a project. 3. Give 4 factors to consider when performing a site visit.

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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Concept explainers

Cost control

Cost control or management in property or project management is the process by which managers maintain costs under human resource management, assets, and capital expenditure to ensure that the project ends on a budget basis. Cost management depends on reasonable estimates and ongoing monitoring during the project. As a result, good cost control is essential for any construction business that wants to succeed.

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1. Enumerate 5 factors that has an impact on project cost.
2. Give 3 examples of a Direct Cost of a project.
3. Give 4 factors to consider when performing a site visit.

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