What is the purpose of value engineering in construction projects ?
A. To improve project schedule
B. To increase project revenue
C. To reduce project risks
D. To decrease project costs without compromising quality
Estimating and costing in civil engineering MCQs with answers cover topics like house construction cost calculator, home building cost estimate, construction cost estimate, and construction material calculator.
A. To improve project schedule
B. To increase project revenue
C. To reduce project risks
D. To decrease project costs without compromising quality
A. Architectural drawing fees
B. Labor costs
C. Structural design fees
D. Material costs
A. To determine the project schedule
B. To evaluate project risks
C. To provide detailed requirements for materials, workmanship, and construction methods
D. To calculate the cost of materials and labo
A. To pay for project management fees
B. To finance future projects
C. To allocate funds for project marketing
D. To cover unexpected expenses and risks
A. Time scheduling
B. Overhead costs
C. Material costs
D. Labor costs
A. To evaluate project risks
B. To allocate costs to different project phases
C. To provide a standardized format for cost calculations
D. To determine the project schedule
A. To calculate the cost of labor
B. To adjust the initial cost estimation based on changes in project scope or conditions
C. To update the project schedule
D. To evaluate project risks
A. Project management fees
B. Office rent
C. Indirect labor
D. Material transportation costs
A. The cost per unit of a particular item or activity
B. The depreciation rate of construction equipment
C. The rate at which the project progresses
D. The hourly wage of construction workers
A. To evaluate project risks
B. To provide a comprehensive and accurate cost estimation
C. To provide a rough cost estimation
D. To determine the project schedule