The cost is the maximum cost of a project if the schedule is crashed to complete the project in the least amount of time. «< Ques
Q: Describe the two stages involved in pricing an estimate.
A: Pricing of estimate is defined as the approximate calculation of cost of the project. The…
Q: Costs that include items that cannot be readily charged to any one project, but represent the cost…
A:
Q: Categorize the following costs as (a) direct, (b) project indirect,or (c) fixed…
A: Direct costs are an expense that is directly traceable to a department, product or an activity.
Q: The significant feature of ‘unit price contract’ is that the price per unit. Although quantities may…
A: In a unit price contract, the contractor is relieved of the risk of estimating uncertain quantities…
Q: CONSTRUCTION PLANNING ASSIGNMNET
A: Given : To find: Linear relation between profit and units using MS EXCEL
Q: In the cost assignment matrix below, the best strategy to assign contractor to contract is. *…
A: For the given cost matrix, performing the balanced minimization. Row reduction: It is done by…
Q: Discuss overlap and underlap of subcontracted work and the problems associated with each condition.
A: It is very important that all of the project work must be completed, examined, and executed by…
Q: List three general reasons why actual costs may exceed estimated costs on a lump-sum contract.
A: The general reasons due to which the actual costs may exceed estimated costs on a lump-sum contract…
Q: For the past 7 years, you had paid $500 every 6 months for a software maintenance contract. What is…
A:
Q: List all activities during construction including the documents, from mobilization to turnover, in…
A:
Q: Q3. A/ The taDie below is the value of the amounts contractor that were distributed to each of the…
A:
Q: In a FFP contract generally a(n) unit price hourly rate service product and service product is being…
A: A firm fixed price (FFP) contract stipulates a price that is fixed and not susceptible to change…
Q: On a unit-price contract, if a contractor includes a unitprice of $145.00 per meter for 765 meters…
A: Given data: Unit price is $145.00 per meter Length of pipe is 765 meters. Incorrect amount is…
Q: X acquires a coalmine at a cost of $1,660,000. Intangible development costs total $540,000. The…
A:
Q: Cost estimation plays a vital role in the success of any project. Explain the different tools and…
A: The cost estimation: Cost estimation is one of the important parts of a project, the process of…
Q: A major dam project is taking place in central Africa. Your company is bidding on the able to obtain…
A:
Q: Describe the major differences between Production Risk and Project Risk
A: Project Risk: It is an uncertain situation that can impact the project objective and achievement.…
Q: A 10 million project was awarded to an engineer. He’s target profit was 15% of the awarded project.…
A:
Q: Q- Idea and purpose of project t mean •......... All of them Each project has a goal, such as…
A: Idea and purpose of project is to be well defined with proper feasibility studies done by…
Q: The London Millennium Bridge project cost about GBP18.2 million to build (about GBP 2.2 million over…
A: to find is the project is success ?
Q: Administrative downloads for the head office (Head Office Overhead Cost) These costs occur in the…
A: Head office overhead cost is the cost which is not included in the production of services or goods.…
Q: lished at $18,000,000. The contract calls for a fixed fee of one million dollars for the contractor…
A: Given:- GMP established cost=$18,000,000 To find:- the owner's cost and contractor's profit if…
Q: true/ false 19) Debt financing has the lowest risk for investors. 20) On average, design consumes…
A:
Q: Why is the accurate pricing of labor and equipment very difficult on some projects?
A: The labor and equipment are the most important part of any project. They both are connected to each…
Q: What trade-offs are involved in each of these aspects of inventory management?c. Conducting cycle…
A:
Q: Calculate the capitalized cost of a project that has an initial cost of P8,000,000 and an additional…
A:
Q: How is the allocation of indirect costs usually done?
A: Let's first understand what is indirect cost: Indirect prices area unit those that can't be fully…
Q: how much money should be included in the overall bid price
A: Unit price contract is contract based on quoted price. So, unit price will be fixed.
Q: Estimate Costs is the process of developing an approximation of the monetary resources needed to…
A: The analytical procedure of quantifying, costing, and pricing the capital needed by the range of an…
Q: Icasting corporation purchased an equipment for P53,000.0 and delivery charges to the job site. The…
A: Data given - Total cost = P53,000+P1,500=P54,500 Interest rate = 6.5%=0.065 Time = 10…
Q: The direct and indirect costs estimated by a contractor for bidding a project is Rs. 160000 and Rs.…
A: Given data- Direct cost=Rs 1,60,000Indirect cost=Rs 20,000mark up=10% of the bid priceTo Find-The…
Q: is rate of return resulting from the shuffling of funds within a company from project to project.…
A: Explanation - Internal rate of return is a rate of return calculated from available cash flow and…
Q: A 10 million project was awarded to an engineer. His target profit was 15% of the awarded project.…
A: Let us assume the entire project will be completed in one year. Given data, Cost of the project, CP…
Q: Q4/ The table below shows the duration and direct costs for the activities of a construction…
A:
Q: A project with the following activities is given. The direct cost of the project is "C" and the…
A: Project crashing is a process in which the project duration is reduced or compressed by means of…
Q: The first progress payment received by the contractor is signifiedby the first vertical segment of…
A: Figure 1: Project Expenses/ Income curves. Figure 2:Unbalanced bid income profile.
Q: A client plans to construct a manufacturing plant that involves multiple engineering disciplines.…
A:
Q: Advantage of Measured or Unit rate Contract اختر أحد الخيارات a. the tender sum tells him the exact…
A: Concept- Unit Rate Contract- A unit rate contract is based on anticipated material quantities and…
Q: If you work for a company that employs Percentage of Completion Method of Revenue and Profit…
A:
Q: Is it advisable to use cost-loaded CPM for progress payments to the contractor on unit-price…
A: The cost-loaded schedule is composed of the works that have been ordered and distributed across the…
Q: What is the company's working capital? TABLE P3.3 Balance Sheet, Peachtree Construction (31 December…
A: Working capital can be defined as the difference between the "Company's Total current assets -…
Q: The initial construction cost of a project is $200000 which should be paid at the beginning of the…
A: As math type not available, providing handwritten solution
Q: (2) A fixed capital inuestment of Pr0,000,000.00 is required for a proposed manufacturing plant aid…
A:
Q: Contrast the effort of building a car and building a residential unit. Which one requires more…
A:
Q: During the stage, retainage money will start to be returned to the contractors. O planning and…
A: the answer is mobilization and startup
Q: Q1-b- Answer to the following (answer five only) - Define the negative cash flow - What is the…
A: 1.Define the negative cash flow . Negative cash flow is defined as when a business spends more cash…
Q: Provide various reasons as to why project costs may exceed the estimate and provide an alternative…
A: Exceedance in the estimated amount of project is known as cost overrun. It is defined as the total…
Q: Example: A project requires an initial investment of $45,000, has a salvage value of $12,000 after…
A: Data given Initial Investment = -$45000 Salvag value = $12000 Annual expenses = -$6000 Annual…
Q: How is the extended home office overhead is computed under the Eichleay formula?
A: Various extended home office overheads are calculating by the Eichleay formula as given below:
Step by step
Solved in 2 steps
- The is a schedule forecast of the probable duration of a project.Given four proposals for funding a new project with a 100M limit on capital funding and the MARR is established at 12% per year. Project First Cost Estimated Annual Savings Project Life, Years W 12M 5M 25M 7.3M Y 45M 12.1M 60M 9M 8 Use the exact internal rate of return method to determine which of the four independent projects should be funded. Write the value of the acceptable project accordingly/in sequence (W/X/Y/Z). ANSWER for ALTERNATIVE 1: Blank 1 ANSWER for ALTERNATIVE 2: Blank 2 Blank 1 Add your answer Blank 2 Add your answerAdministrative downloads for the head office (Head Office Overhead Cost) These costs occur in the event of implementation of projects or non-implementation. * True or false
- The initial construction cost of a project is $200000 which should be paid at the beginning of the construction period (time =0). Extra expenditures planning to be paid during operation period, which are ($5000) at the end of the first year, $3000 at the end of the second year, $1000 at the end of the third year, $1000 at the end of the fifth year and $ 1000 at the end of the sixth year. If the project life is 10 years and the interest rate is %10, draw the cash flow diagram and find a) the present worth of the project, b) the future worth at the end of the project life, c) the annual payment worth.Draw a time-scaled network for theproject Determine project time Calculate the activities float timesMedicare 1.45 percent of all wages FUTA 0.6 percent on the first $7,000 of wages SUTA 2.5 percent on the first $22,000 of wages Worker's compensation insurance $9.27 per $100.00 of wages General liability insurance 0.65 percent of wages Health insurance (company's portion) $385 per month per employee Retirement $0.75 per $1.00 contributed by the employee on 6 percent of the emp Actual cost (delivered) $162,000 including tires Horsepower rating-200 hp Cost of tires-$6,000 Salvage value-$32,400 Useful life-6 years at 1,400 hours per year Total interest-7 percent per year Insurance $3,240 per year Taxes $3,645 per year Storage-$2,025 per year Fuel cost-$3.90 per gallon Fuel consumption rate 0.06 gallons per hp per hour Power utilization-85 percent Use factor-40 minutes per hour (66.67 percent) Lubrication-8 quarts of oil at $4.50 per quart Oiler labor-2.2 hours at $27.65 Lubrication schedule-every 100 hours Oil filter-$8.70 Grease-1 tube per 8 hour shift at $7.00 Air filter-$17.00 changed…
- help ^^Enumerate and discuss briefly the step by step procedure of bidding of infrastructure project of the government known as RA9184.5. Assume a project where all possible receipts and payments, including the retention, are due one month after the project ends. For this project, the total amount of cash generated one month after the project have been received and all bills have been paid) will be equal to a. Gross profit b. Net profit c. Project contract amount d. General overhead over (when all payments
- A project with the following activities is given. The direct cost of the project is "C" and the indirect cost of the project is $5 per day. If you crash a schedule, you add to project's direct cost (e.g., if you crash activitiy B for 1 day then the total direct cost would be C + $2) but save on project's indirect costs ($5 per day) by paying less due to a crashed schedule which is shorter than the original one. You are being asked to reduce project duration to 19 days in the most economical way. In your answers explain: 1. the steps that you would take to do so and why 2. total direct cost of the project Activity Preceding Activity Normal Time (day) Crash Time (day) Cost Slope A 2 2 3 В 4 2 2 C A 3 2 3 D А, В 6. 1 E 7 4 4 C 3 G 4 2 3 H D, E 5 4 5 F, G I, G 3 4 6. 1 K 2 2Q: When estimating the costs of a project, the costs that are not associated with specific work items (e.g., materials, labor, equipment) that directly involve the physical construction of a facility are called .. (Select all that apply) Direct Profit Direct Cost Direct Estimate Direct item All of the above None of the abovePrepare resources allocation planning for smartpen project.