Construction Planning and Management
Sinking fund is

A part of the money kept in reserve for providing additional structures and structural modifications
The fund for rebuilding a structure when its economic life is over
Raised to meet maintenance costs
The total sum to be paid to the municipal authorities by the tenants

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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
Applying the theory' of probability to sample testing or inspection
Reduction in costs for the removal of defects

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Construction Planning and Management
If the optimistic time, most likely time and pessimistic time for activity A are 4, 6 and 8 respectively and for activity B are 5, 5.5 and 9 respectively, then

expected time of activity B is greater than the expected time of activity A
None of these
expected time of both activities A and B are same
expected time of activity A is greater than the expected time of activity B

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