You are working as a Project Manager in a constructioncompany. Due to the impact of COVID-19, inflation andthe economic downturn, the cost of the project hadincreased significantly, including the material andworker cost. The company had requested you to studyon the possibility of applying for Variation Order fromthe client.a) Explain any two economic cycle impacts onconstruction.b) Determine and justify any 2 grounds for applyingthe rariation order.c) Recommend and explain the steps to maximize thiscontract rariation claims.d) Determine and explain any possible effect to thecompany should you fail in getting the Variation Order.You can use scenario to enhance your explanation.

You are working as a Project Manager in a construction company. Due to the impact of COVID-19, inflation and the economic downturn, the cost of the project had increased significantly, including the material and worker cost. The company had requested to study you on the possibility of applying for Variation Order from the client.

You are working as a Project Manager in a construction company. Due to the impact of COVID-19, inflation and the economic downturn, the cost of the project had increased significantly, including the material and worker cost. The company had requested to study you on the possibility of applying for Variation Order from the client.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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You are working as a Project Manager in a construction company. Due to the impact of COVID-19, inflation and the economic downturn, the cost of the project had increased significantly, including the material and worker cost. The company had requested you to study on the possibility of applying for Variation Order from the client. Explain any two economic cycle impacts on construction.
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Kontrol paneli > Derslerim > 2020-2021 Güz Dönemi > İŞLETME FAKÜLTESİ > İŞLETME > 2021G-ITB101-1252178 > ITB 101 - Final Exam > ITB 10 曲 Kontrol paneli Site ana sayfası Takvim Nişanlar Tüm dersler Course dashboard Soru 17 The Farley Farm, a dairy company, has total costs of $15,000 and total variable costs of $2,000. The Farley Farm's total fixed costs are Henüz cevaplanmadı 4 üzerinden Lütfen birini seçin: işaretlenmiş O A. indeterminate because the firm's output level is not known. P Soruyu işaretle O B. SO O C$ 15000 O D.$ 13000 O E$ 17000 ÖNCEKİ SAYFA SONRAKİ SAYFA O Aramak için buraya yazın
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