Construction Planning and Management
Crash project duration is obtained by summing the

Crash durations for all the activities along the critical path obtained by taking into account the crash duration for all the activities
Crash durations for all activities
Crash durations for all the activities along the critical path obtained by taking into account the normal duration for all the activities
Normal durations for all the activities

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Construction Planning and Management
Sinking fund is

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

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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
Increase in rates of only important materials
Rate of inflation
Variation in cost in materials element, labour element and petrol-oil-lubricant element

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