Construction Planning and Management
At a work site, statistical quality control of concrete means

Reduction in wastage of inspection costs
Reduction in costs for the removal of defects
Applying the theory' of probability to sample testing or inspection
Measurement of risks to eliminate failures

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Construction Planning and Management
The reduction in project time normally results in

Increasing the direct cost and indirect cost both
Increasing the direct cost and decreasing the indirect cost
Decreasing the direct cost and indirect cost both
Decreasing the direct cost and increasing indirect cost

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Construction Planning and Management
Sinking fund is

A part of the money kept in reserve for providing additional structures and structural modifications
The total sum to be paid to the municipal authorities by the tenants
Raised to meet maintenance costs
The fund for rebuilding a structure when its economic life is over

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