Discuss why the inclusion  of subcontractor and other stakeholders a key part of planning process?

Q: a single point of responsibility for the owner:

A: (a)Coordination among design and construction: While building work should be finished in stages, the…

Q: Is risk management important in the management of construction or IT projects?

A: Yes, Risk management is very much important in the management of construction or IT projects. both…

Q: Why do the contract change need evaluation?

A: An agreement which follows the law is known as contract. The contract in construction is mutual or…

Q: When should a general contractor propose the value engineering ideas?

A: The value engineering ideas has benefitted the contractors and engineers in many ways. This is a…

Q: What criteria would you apply when making professional judgments regarding investments in…

A: Whenever an engineering project is undertaken, the decisions relating to the investments must be…

Q: What are the Methods and procedures for providing tiebacks?

A: Various types of restrained wall systems such as tiebacks, screw anchors, dead men anchors, soil…

Q: Which one of the following steps of the Typical Project Sequence requires the most participation…

A: Every initiative seems to have a start, a middle stage wherein actions take the project closer to…

Q: Define the term Managerial Competence?

A: Managerial competence is the skills, motives and attitudes that are necessary for a job, and include…

Q: The two major constraints that can hamper a construction project are time and resources. What…

A: Project Constraint is defined as anything that restricts or dictates the action of the project team.…

Q: construction management

A: Managing a construction project requires you to wear a variety of hats. In addition to being a…

Q: What are the concerns contractors should necessarily consider before tendering for projects

A: Introduction : The top three criteria that influence a contractor's decision to bid on a project are…

Q: How does project costs usually prepared?

A: This question is related to Project Management and Construction from Civil Engineering. In this…

Q: Major projects require a great deal of pre-planning so that all employees and subcontractors can use…

A: Construction management should actively follow the most effective use of personnel, materials, and…

Q: the different management styles

A: Each individual has different way of handling and managing a particular project or team.This way of…

Q: Why do the exact routes used depend on the method of project delivery?

A: The process of financing and organizing design, operations and construction task also the…

Q: Major projects require a great deal of pre-planning so that all employees and subcontractors can use…

A: Construction management should actively follow the most effective use of personnel, materials, and…

Q: What role does risk management play in the management of construction

A: Risk management is the process of identifying and analyzing the hazards that your company faces, as…

Q: How do you think the government would select a contractor or vendor if they are entering uncharted…

A: The choice of contractor would become a crucial instrument for controlling contractor security in…

Q: tendering process

A: Tendering process is really a requires long strategic planning to any firm as well as for…

Q: 5) How are key events in the life of a project identified?

A: Note:- Hi! Thank you for the question As per the honor code, We’ll answer the first question since…

Q: Draw a schematic diagram to illustrate the contractual relationships in the construction industry…

A: As civil engineers or relationship managers, we have to take responsibility for maintaining peace…

Q: Why do the Contractors and owners view the problem differently?

A: Owner of a project is the wholesome authority who has the responsibility for the whole project. The…

Q: For what is the total cost method used?

A: Total cost method.In this method, the bid price is subtracted from the actual performance cost and…

Q: What is cost-of-service pricing? What is the relationship between value-of-service pricing and…

A: In type of cost-of-service pricing can be simply described as the cost for providing a particular…

Q: How must the bidding phase of a project be handled?

A: The Bid Phase begins after the bid has been approved by the Office of Project Control i.e. OPC and…

Q: Describe Managerial Competence risk?

A: Managerial competencies serve an essential part in various forms of organisations now a days.…

Q: If you were a contractor, would you respond to any and all Requests for Proposals you come across?…

A: If you were a contractor, would you respond to any and all Requests for Proposals you come across?…

Q: Discuss why contractors must make bid/no-bid decisions and the factors involved in making these…

A: Bidding is the stepping process for contractors to establish a strong firm. Making good decisions on…

Q: Sourcing Criteria includes

A: Context: Sourcing criterias

Q: Tender advertisement is very common. These notices are seen by many people including contractors.…

A: Tender advertisement is published for contractors to take up the project but every contractor cannot…

Q: Value analysis is an organized approach to identify and eliminate wastage and unnecessary costs.”…

A:

Q: The "Approval" step of the Typical Project Sequence provides an opportunity for which of the…

A: Project Seequencing refers to the process that need employees to accomplish activities in a…

Q: consultant service based on a fee for coordinating, planning the construction, managin and executing…

A: Project management is the process of overseeing a team's activity to complete all project objectives…

Q: Can anyone please explain the difference between negotiation, mediation, arbitration, litigation in…

A: The majority of design, as well as construction contracts, include "conflict resolution" clauses.…

Q: the management function that deals with acquiring and retaining qualified people.

A:

Q: If a contractor is required to develop a WBS, then certain guidelines must be considered including…

A: Explanation :  The Work Breakdown Structure ( WBS ) is a system used to effectively break down major…

Q: Describe the process regarding the 6 phases of a construction project 1.Study and report phase…

A: Each construction project has its own set of objectives and constraints, including a need for a time…

Q: The AIA and its Document Committee follow this (these) basic axiom(s) in drafting their every 10…

A: Basic axiom in agreement is to reflect the normal, reasonable expectations and actions of the…

Q: In what two ways does design–build differ from the traditional design–bid–build project delivery…

A: Design Build: In this system, the owner usually hires a single person, the designer / builder, to…

Q: 1) One of the following cost categories is a fixed cost: a) Property tax b) Income tax c) Shipping…

A:

Q: what does a company evaluate both the money allocated to a project and the time allocated to the…

A: A company evaluate both the money allocated to a project and the time allocated to the project

Q: Identify three factors that could help in reducing overhead costs in a project

A: To determine: The three factors that could help in reducing overhead costs in a project.

Q: Why are monthly reports of Contract Performance important?

A: The report that provides cost of contract and its total schedule and its performance data to…

Budget Estimating

The term budget signifies a plan over the long run, generally, a year that covers the financial expenses and revenues of any organization. This budget plan is known to estimate the growth and success of any organization. Civil engineering companies utilize project budgets for estimating project costs, construction costs, and other direct and indirect costs related to the project being undertaken. Project budget is a detailed statistical tool primarily used by project managers to estimate the overall project cost. The project budget is in the form of a document that includes all the costs which are incurred during the project undertaking and after the completion of the project. Large commercial projects have the project budget estimate in the form of large detailed pieces of documents which include every cost estimate regarding man and materials. Labor costs, material procurement costs, construction costs, and operational costs are some of the costs that are incurred during the project execution and planning phase.