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

Decreasing the direct cost and increasing indirect cost
Decreasing the direct cost and indirect cost both
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
Latest start of an activity is always

greater than or equal to latest event time of preceding node
less than latest event time of preceding node
less than or equal to latest event time of preceding node
equal to latest event time of preceding node

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Construction Planning and Management
Mobilization advance up to 10% of the cost of work is given to a contractor

For the payment of advances to labour and other staff
On commencement of work at site for payment of loan taken by him
For the purchase of construction materials
For all activities required to start the work at site on finalization of the contract document

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