Construction Planning and Management
The first method invented for planning projects, was

Milestone chart
Programme Evaluation and Review Technique (PERT)
Critical path method (CPM)
Bar chart method

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

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
Increase in rates of only important materials
Rate of inflation

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