Several lines of levels are run over different routes from BM-A to establish the elevation of BM-B. The lengths and elevations of these routes are as follows: diff in elev (m) Lengths (km) route 379.855 4.375 2 379.904 6.843 3 379.927 7.000 4 379.775 8.780 379.910 12.256 Calculate the most probable elevation of BM-B.

Q: Is the Wage and Hours LAW applied to all the projects?

A: Wage and hours law is the type of law that oversees the rate of wages an owner can pay its employee…

Q: How can owner-supplied materials present a problem to estimators?

A: Estimators are the individuals who are liable for getting tenders, acquiring material expenses,…

Q: Hi, Are you able to put the calculations in an excel showing the results?

A: Solution: In the past 50 days,  Severe traffic congestion = 10 days Mild traffic congestion = 20…

Q: What should you do when paying for materials off site?

A: The client or the contractor at times is required to pay for materials that are not present on 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: Why is validation of cost estimation crucial, and what methods are commonly used to validate…

A: We need to explain why is validation of cost estimation crucial and what methods are commonly used…

Q: What is a payless notice?

A: Pay Less Notice is defined as the notice which is written in order to notify the Payee from the…

Q: What is the Contractor payment? I don't understand what it means in the question's note.

A: contractor in a person which provide different types of services to the owner for example:- In…

Q: What is the significance of cost estimates in project cost management?

A: Cost estimates are a crucial aspect of project cost management, as they provide a detailed…

Q: Who is responsible for searching the products at construction project?

A: A construction project is the structured system of a building, structure or infrastructure being…

Q: 7. Discuss what are the primary ways in which project managers use estimates throughout the project?…

A: Project managers rely on estimates throughout the project to plan and track progress, allocate…

Q: . What are the payment provisions under JCT?

A: JCT Standard Building Contract 2011 payment terms are relatively complex. The system relies on the…

Q: Define the term Instant contract savings?

A: Instant contract saving:

Q: How do you calculate figure of merit?

A: Figure of merit:

Q: How do the Change orders create additional work for everyone in the industry?

A: Changes and extras can cause conflicts and prudent preparation is crucial in the contract stage.

Q: What are the duties of sub contractor?

A: In certain instances, subcontractors could be an entity, they really aren't called any contractor's…

Q: How are partial payments made to the contractors?

A: In any construction project, the total amount to be paid to the contractor is not made in one…

Q: How does inflation affect construction cost estimates for concrete block projects?

A:

Q: How do the Owners and the Contractors set the pace?

A: Setting the pace between owners and the contractor is very important for the project why it is…

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…

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.