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Construction Planning and Management

Construction Planning and Management
If a is the optimistic time, b is the pessimistic time and m is most likely time of an activity, the expected time of the activity, is

(a + 2m + b)/6
(a + 4m + b)/6
(a + 5m + b)/6
(a + m + b)/6

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Construction Planning and Management
The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be

Rs. 8,800
Rs. 5,000
Rs. 6,400
Rs. 7,600

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Construction Planning and Management
The time corresponding to minimum total project cost is

Optimistic time
Crash time
Between normal time and crash time
Normal time

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Construction Planning and Management
Updating may result in

All of these
Decrease of project completion time
Increase of project completion time
Change of critical path

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Construction Planning and Management
A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is

Rs. 6,50,000
Rs. 5,75,000
Rs. 4,75,000
Rs. 8,50,000

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Construction Planning and Management
In resources levelling

Cost of project is controlled
Total duration of project is reduced
Total duration of project is increased
Uniform demand of resources is achieved

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