Construction Planning and Management
Consider the following statements: In the critical path method of construction planning, Free Float can be. 1. Greater than Total Float. 2. Greater than Independent Float 3. Equal to Total Float. 4. Less than Independent Float

1 and 2 are correct
1 and 4 are correct
2 and 3 are correct
1 and 4 are correct

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Construction Planning and Management
During the construction period, price variation clause in contracts caters to

Variation in total cost of the project on an ad hoc basis
Variation in cost in materials element, labour element and petrol-oil-lubricant element
Rate of inflation
Increase in rates of only important materials

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