A construction estimate is used
A. To judge tentatively or approximate value of the project
B. To produce a statement of the approximate cost
C. To decide an approximation of the value of the project and not the exact cost
D. None of these
Answer: Option C
This Question Belongs to Civil Engineering >> Engineering Economics
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The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where
A. 8% is the rate of interest per year
B. Money is borrowed for n = 7 years
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B. Entrepreneurship
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A. P 43,600.10
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A. Architect/engineer
B. Construction manager
C. Owner himself/herself
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