Determine the probability that the project will take longer than 50 weeks

Q: Assignment # 3. For the following schedule, draw the arrow diagra (AOA), perform the CPM…

A: Given schedule and asked to draw the activity on Arrow diagram (AOA) and mark critical path.It is…

Q: Use time and location indices given is the table to prepare the conceptual cost estimate of a…

A:

Q: 2. What is the minimum time (Critical path) that the project can be completed by for the following…

A: Critical path for the project shown.

Q: In the real world, a limited number of days can be taken out of the schedule before it becomes…

A: The theoretical limit that prevents further shortening of a project schedule is known as the…

Q: Will commercial projects require a detailed estimate with a full quantity takeoff?

A: Clarifying what a quantity takeoff is in construction is relatively straightforward. Basically, a…

Q: Please explain the Coordination of a construction project with Area Economic Development Activities.

A: The objective of this question is to understand how a construction project can be coordinated with…

Q: 1. Did internal or external factors (e.g. new staff/volunteers, unanticipated delays, increased…

A: The objective of the question is to understand the impact of internal and external factors on the…

Q: For the schedule below: Draw the node network diagram, draw the chart bar diagram, and manually…

A: In order to level the resources, find the Critical path and floats of each activity and adjust…

Q: What is the optimum number of punchlists for a building project? 3 4 1 2

A: Punchlists: A punch list is also known as a snag list. Punchlist is a set of documents that are…

Q: The contractor implements last planner on the project. During week 1, the following tasks are…

A: The percent plan complete (PPC) for week 1 is calculated as shown below:…

Q: In a construction project, as in problem 1, effective cash needed before payment is received from…

A: In a construction project, as in problem 1, effective cash generated before payment is received from…

Q: The earned value report of a construction project shows that the cost performance index is 1.1. In…

A: we have relations:CV=BCWP-ACWPSV=BCWP-BCWSCPI=BCWPACWP

Q: Develop a programming budget estimate for a 100,000 square-foot warehouse, assuming a square-foot…

A: Given:- The area of the warehouse = 100,000 square-foot  The cost factor for square-foot = $60 per…

Q: question :- a sequence of four tasks is part of the project schedule. each of the four activities…

A: Given data, Number of tasks = 4 Relationship between task = Finish start Total float ft = 1 day

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.