What are the results of using the total cost method for the contractors?

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: To cope with an unrealistic completion schedule what must a contractor do?

A: To cope with an unrealistic completion schedule, a contractor must do the following : 1.Make sure…

Q: Determine four reliable sources of building material pricing data

A: Here is the four reliable sources of building material pricing data.

Q: Determine the criteria for the selection of a contract. Time  Cost  Quality  Risk

A: Brief concept introduction- Contract- A contract is an agreement between two parties that is…

Q: What are the major parameters to be considered in the prequalificationassessment of a contractor?…

A: Contractor prequalification is  information of gathering and assessment process that determines…

Q: How can the differences between the parties affect contract cost or time required to complete the…

A: Several differences can occur between parties in an ongoing project that may lead to disputes and…

Q: How is the construction manager responsible for the coordination of the trades?

A: Trade coordination entails communicating and working with supervisors, subcontractors, suppliers of…

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: How is the acceleration of work beneficial for the contractor?

A: Acceleration of a construction project is pretty simple: It’s once the work being performed should…

Q: What is one situation (that involves the owner) that may result in the general contractor’s failure…

A: If contractor fails to complete work on time then owner has right to fire them. Owner can file claim…

Q: What are the benefits of public works contracts for the contractor?

A: The public works contracts are the contracts for financial interest decided in writing between 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: What is fast track construction, and what types of contracts and fee compensation is it most…

A: question is related to construction managementLet's discuss the  fast track construction, and what…

Q: What are the duties performed by the Professional Construction Manager?

A: A wide variety of tasks are addressed either by programs provided by the professional construction…

Q: How are the field cost indexes derived?

A: Field Cost indices in construction : Most of the information used to compile construction price…

Q: 29. Since the owner has little day-to-day involvement, he is in all matters by the construction…

A: Solution for Question 29 – Since the owner has little day-to-day involvement, he is represented in…

Q: If a Contractor completes work in a manner that fails to comply with applicable codes or legal…

A: Solution;