Construction Planning and Management
Latest start of an activity is always

greater than or equal to latest event time of preceding node
equal to latest event time of preceding node
less than or equal to latest event time of preceding node
less than latest event time of preceding node

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

Rate of inflation
Increase in rates of only important materials
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

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