Construction Planning and Management If the scheduled completion time of a project is more than the earliest expected time for completion of the project, then the probability of completion of the project within the scheduled completion time will be More than 50 % 1 0.5 Less than 50 % More than 50 % 1 0.5 Less than 50 % ANSWER DOWNLOAD EXAMIANS APP
Construction Planning and Management Consider the following features/factors: 1. Projects are of the non-repetitive type 2. Time required need not be known 3. Time required is known precisely 4. Events have been established for planning 5. Emphasis is given to activities of project PERT is preferred for planning because of 1, 2 and 4 1, 2 and 5 3, 4 and 5 1, 3 and 4 1, 2 and 4 1, 2 and 5 3, 4 and 5 1, 3 and 4 ANSWER DOWNLOAD EXAMIANS APP
Construction Planning and Management The time corresponding to minimum total project cost is Optimistic time Normal time Crash time Between normal time and crash time Optimistic time Normal time Crash time Between normal time and crash time ANSWER DOWNLOAD EXAMIANS APP
Construction Planning and Management The probability of completion of any activity within its expected time is 0.841 0.5 1 0.999 0.841 0.5 1 0.999 ANSWER DOWNLOAD EXAMIANS APP
Construction Planning and Management A contractor has two options;(l) : Invest his money in project A or (II) : Invest his money in project B. If he decides to invest in A, for every rupee invested, he is assured of doubling his money in ten years. If he decides to invest in B, he is assured of making his money 1.5 times in 5 years. If the contractor values his money at 10% interest rate, he could invest in either of the two projects should invest in neither of the two projects should invest in project B should invest in project A could invest in either of the two projects should invest in neither of the two projects should invest in project B should invest in project A ANSWER DOWNLOAD EXAMIANS APP
Construction Planning and Management Whenever an activity has zero total float, then Free float of the activity must be zero but independent float need not be zero Independent float must be zero but free float need not be zero Free float and independent float both must be zero Free float and independent float both need not be zero Free float of the activity must be zero but independent float need not be zero Independent float must be zero but free float need not be zero Free float and independent float both must be zero Free float and independent float both need not be zero ANSWER DOWNLOAD EXAMIANS APP
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