MODULE EXERCISES CONSTRUCTION1 Ans Key
MODULE EXERCISES CONSTRUCTION1 Ans Key
1. Consider the following statements regarding types of construction contracts 9. Which of the following statements is/are correct about WBS (Work
and mark the correct options. Breakdown Structure)?
a. in cost plus percentage of cost contract, customer is at most risk of a. in WBS, top down approach is adopted
absorbing excessive cost overruns. b. facilitates and improve the decision making for procurement of resources
b. in firm-fixed price contract, contractor is most likely to control cost. c. coordinates regarding milestone events across trade specializations to
c. in firm-fixed price with economic adjustments contract, the contractor is given improve the synergy between the trade.
relief for inflation.
d. fixed-price contract requires maximum follow up on work. a. a & b b. b & c c. a & c d. a,b,c
a. a,c,d b. a,b,c c. a & d d. b & c 10. Which of the following statements is/are correct about contract?
a. it is an agreement
2. Which of the following are essential conditions of contracts? b. this agreement must be enforceable by law
a. discrete subject matter c. liquidated damages is a clause which ensures the completion of the project
b. competent parties as per original schedule.
c. free consent
d. must not be declared void by the law in force. a. a & b b. b & c c. a only d. a,b,c
a. a,b,c b. b,c,d c. a,c,d d. b & c 11. Which of the following statements is/are correct about Tenders?
a. tender notice contains documents regarding cost of project, drawings of
3. In arriving at a resource-based schedule bar chart for a construction project, project, time of completion, etc.
the following stages far planning of the work are involved: b. security money is deposited by all the bidders
a. finalizing a network of activities.
b. determine the optimal activity durations, and considering the relevant a. a only b. b only c. a & b d. none
parameters.
c. computation at time. 12. Match List-I with List-II and select the correct answer using the codes given
d. developing the resource-based bar-chart and the corresponding histograms below the list
and mass curves of resources. List-I (Bar Chart)
e. identification of the critical constraining resource. A. milestone
f. deciding the criteria of optimization. B. linked
C. gantt
The correct sequence of these stages in planning of the work will be. D. resource-based