Construction Planning and Management
The salient feature of functional organization is

Each individual maintains functional efficiency
Separation of planning and design part
Strict adherence to specifications
All listed here

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Construction Planning and Management
Free float for any activity is defined as the difference between

its latest finish time and earliest start time for its successor activity
its latest start time and earliest start time
its earliest finish time and latest start time for its successor activity
its earliest finish time and earliest start time for its successor activity

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Construction Planning and Management
Sinking fund is

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

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