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

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

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

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

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