With an increase in quantities, the unit price drops due to: Reduced contribution of fixed costs Economies of scale Efficiency improvements Unit price increases when quantities increase You are a project manager and have just discovered a risk in your project which may require an action. During which process in risk management is this action performed? Plan Risk Management Control Risks Perform Qualitative Risk Analysis Identify Risks Why are standard contract forms preferred in construction projects? Elimination of lawyer fees Easier to understand Have been tested by the courts Are inexpensive to purchase
With an increase in quantities, the unit price drops due to: Reduced contribution of fixed costs Economies of scale Efficiency improvements Unit price increases when quantities increase You are a project manager and have just discovered a risk in your project which may require an action. During which process in risk management is this action performed? Plan Risk Management Control Risks Perform Qualitative Risk Analysis Identify Risks Why are standard contract forms preferred in construction projects? Elimination of lawyer fees Easier to understand Have been tested by the courts Are inexpensive to purchase
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:a)
With an increase in quantities, the unit price drops due to:
Choice 1
Reduced contribution of fixed costs
Choice 2
Economies of scale
Choice 3
Efficiency improvements
Choice 4
Unit price increases when quantities increase
You are a project manager and have just discovered a risk in your project
which may require an action. During which process in risk management
is this action performed?
b)
Choice 1
Plan Risk Management
Choice 2
Control Risks
Choice 3
Perform Qualitative Risk Analysis
Choice 4
Identify Risks
c)
Why are standard contract forms preferred in construction projects?
Choice 1
Elimination of lawyer fees
Choice 2
Easier to understand
Choice
Have been tested by the courts
Choice 4
Are inexpensive to purchase
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps

Recommended textbooks for you


Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON

Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning


Structural Analysis (10th Edition)
Civil Engineering
ISBN:
9780134610672
Author:
Russell C. Hibbeler
Publisher:
PEARSON

Principles of Foundation Engineering (MindTap Cou…
Civil Engineering
ISBN:
9781337705028
Author:
Braja M. Das, Nagaratnam Sivakugan
Publisher:
Cengage Learning

Fundamentals of Structural Analysis
Civil Engineering
ISBN:
9780073398006
Author:
Kenneth M. Leet Emeritus, Chia-Ming Uang, Joel Lanning
Publisher:
McGraw-Hill Education


Traffic and Highway Engineering
Civil Engineering
ISBN:
9781305156241
Author:
Garber, Nicholas J.
Publisher:
Cengage Learning