Deviator Stress (kPa) 500 Confining Stress = 100 kPa 400

Q: What is the use of budget reporting form?

A: The budget reporting form is the process in which the actual budget and the planned budget is…

Q: By whom  are computers used for project administration/

A: Project administration is the part of project management. There are so much responsibilities in…

Q: Which type of information can be added to BIM? All the answers are correct Schedule Cost…

A: Answer:- All the answers are correct. BIM: Building Information Modelling is the holistic process of…

Q: What are the other sources for change orders?

A: The change order can referred as a variation order, it is a work that has been excluded or added to…

Q: Which of the following are Bidding documents? A) - None of these B) construction drawings c)…

A: Bidding documents include: Plans( Construction drawing) Specifications and estimates.

Q: What is included within the final account?

A: A final account in construction is defined as, the accepted statement of the amount of money to be…

Q: Describe the project delivery method?

A: Project delivery method:

Q: What are payroll reports?

A: The payroll reports are the documents in which calculation is conducted about overtime worked, pay…

Q: Describe the “five-step project initiation process”?

A: The five-step project initiation process is as follows: Establishing the project initiation team…

Q: Name the participants involved in the Construction Projects?

A:

Q: Who is responsible for preparing the weekly reports for the project?

A: The Project Manager is responsible for preparing and maintaining the weekly reports for the project.…

Q: How does document flow management optimize construction project stakeholder engagement?

A: Optimizing Construction Project Stakeholder Engagement through Document Flow ManagementEffective…

Q: Which standard form of contract is best for implementing the EPCM model (engineering, procurement,…

A: Main functions of an EPCM Model Contract are as follows: 1. Specifying the work to be done. 2.…

Q: How is the force account used as a payment method?

A: Force account is a method of payment used for additional work if the contractor and the State…

Q: Aresource optimization technique that cause that the original Critical Path of a schedule change is…

A: The answer to the given questions are as under-

Q: Problem B Equipment Estimating Use the following information for a scraper. Actual cost (delivered)…

A: Actual cost of vehicle= $162000 Useful life = 6*1400= 8400 hrs Life of tires = 3500 hrs  No of tire…

Engineering Economics Principles

Engineering economics (engineering economy) is a sub-field of economics to study the use and application of the economic principles in the engineering analysis of decisions along with the systematic evaluation of the advantages of project costs inclusive of engineering design and analysis. It emphasizes microeconomics (a subset of economics) for researching the behavior of people in the decision-making process of assigning and determining multiple alternatives to the usage of some of the restrained resources and merging economic theory and engineering practice in a practical manner. It depicts the logical framework of economics in addition to the analytical application of statistics and mathematics.