For the Deepwater Horizon study (revealed preference), all of the following are true except а. aerial overflights and onsite counts and interviews were used to estimate the number of lost user days b. people from throughout the contiguous 48 states were recruited into the survey С. the study only conducted interviews on NC State's campus d. recreational losses were estimated to be about $700 million

Q: are given the highest priority as these activities will most likely affect succeeding activities and…

A: In a project network, the critical activities are the those activities which are there in critical…

Q: Outcome Negligible Minor Significant Major Catastrophic Likelihood 15% 35% 27% 18% 5% Impact on…

A: Given- Likelihood and impact on schedules are given   Concept- Risk outcome= likelihood ×impact   To…

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A:

Q: Ahmad makes mistakes in class according to according poisson process within an average rate 1.2 bad…

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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: -66 Two hazardous environment facilities are being O evaluated, with the projected life of each…

A: Given  Projected life=10years MARR=15%

Q: A highway bridge is currently scheduled to be inspected once every two years. There is a 3%…

A: Given data  Inspection rate Probability of major defect Highway Bridge  To be discussed  Probability…

Q: er the start date), what are the va

A: Calculate the ACWP, BCWP and BCWS as below Calculate the value of Actual cost work performed…

Q: QUESTION 2 a) Draw the precedence diagram for the activities depicted in the Table below. b) Analyse…

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Q: Using the CPM , draw the CPM diagram and find the critical path analysis. Activity…

A: Given values: Consider the data given for activities and draw the CPM diagram.  Then find Early…

Q: H.W 01: Table 1 shows the field observations collected from a one hour in-out survey carried out for…

A: (Answer)Time(1) In (2)Out(3)Accumulation(4)Occupancy(5)Parking…

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Q: EXERCISES: 1- Consider the following data of a project. Activity Predecessor(s) Duration (weeks) 3.…

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Q: The following table shows the productions and attractions used in the first iteration of a trip…

A: The following table shows the productions and attractions used in the first iteration of a trip…

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.