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

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

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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 project A
should invest in neither of the two projects
should invest in project B

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