Construction Planning and Management
The reduction in project time normally results in

Decreasing the direct cost and indirect cost both
Decreasing the direct cost and increasing indirect cost
Increasing the direct cost and decreasing the indirect cost
Increasing the direct cost and indirect cost both

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Construction Planning and Management
Consider the following statements for a power shovel: (i) Output can be increased by reducing the angle of swing for a given depth of cut. (ii) For a given angle of swing, output will be maximum at optimum depth of cut. (iii) Output can be increased by keeping the depth of cut less than optimum depth. (iv) Output can be increased by increasing the size of shovel.

(i), (iii) and (iv) are correct
(ii), (iii) and (iv) are correct
(i) and (iv) are correct
(i), (ii) and (iv) are correct

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

Increase in rates of only important materials
Rate of inflation
Variation in cost in materials element, labour element and petrol-oil-lubricant element
Variation in total cost of the project on an ad hoc basis

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