In the real world, a limited number of days can be taken out of the schedule before it becomes impractical to try to shorten the schedule further. Though it is impractical to take the exercise to the theoretical limit of shortening, there is a theoretical limit that prevents any further shortening of the project. What defines this theoretical limit, and what conditions exist in the schedule when this limit is reached?

Q: What is the definition of a workflow? List the major phases in the system construction process in…

A: The concept of CPM is simple and can be better illustrated by a project graph. The graph is not an…

Q: Question #5: In the real world, a limited number of days can be taken out of the schedule before it…

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

Q: Using the PW analysis on the basis of their capitalized cost to compare the Mutually Exclusive (ME)…

A: For machine APW=-Cost-Operating costPA,i,n+Salvage valuePF,i,n

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: . From the given data as shown below, determine the following: A) What is the critical path? B) What…

A:

Q: Answer only when know..the answer  468. What are the techniques for managing overlapping activities…

A: Scheduling and Timeline ManagementEffective scheduling is vital for handling overlapping activities.…

Q: Using the PW analysis on the basis of their capitalized cost to compare the Mutually Exclusive (ME)…

A: First cost is also equal to the Replacement cost . Replacement cost :  It is the cost that has to be…

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: Using the PW analysis on the basis of their capitalized cost to compare the Mutually Exclusive (ME)…

A: For machine APW=-Cost-Operating costPA,i,n+Salvage…

Q: A contractor is planning the acquisition of construction equipment, including bulldozers, needed for…

A: Given Probability (P)=0.65 Number of bulldozers (n)=4 To find The probability that there will be at…

Q: How can the delay in work be evaluated?

A: Time is a crucial factor in the success of a work. The delay in the project has an adverse effect on…

Q: 0. Provide at least 3 reasons with an explanation of why seeking the optimum manpower allocation is…

A: The process of controlling, including, forecasting, and developing a company's human resources…

Q: 2. In any given construction scenario a limited number of days can be taken out of the schedule…

A: The theoretical limit of shortening a construction schedule is defined by the critical path of the…

Q: The initial investment for constructing a median and guardrails for a prestressed concrete bridge is…

A: The equivalent uniform annual cost over the 15-year period of service, given an interest rate of 6%…

Q: Determine the amount of slack in each of a project's activities (presented below), identify the…

A: The network diagram is shown below:

Q: 1. Explain in detail the effect on project indirect costs when a job is lengthened and when it is…

A: As per company's guidelines we can only answer first question Kindly post other question as separate…

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.