Pick up the correct reason for making conceptual (or preliminary) estimate from the following:
A. To have a check on a definitive cost estimate
B. To check quotations from contractors and/or sub-contractors
C. To compute target estimate for the owner while drawing and specifications are in initial stage
D. All of these
Answer: Option D
This Question Belongs to Civil Engineering >> Engineering Economics
Related Questions on Engineering Economics
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
C. Both (A) and (B)
D. Neither (A) nor (B)
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation
A. P 43,600.10
B. P 43,489.47
C. P 43,263.91
D. P 43,763.20
A. Architect/engineer
B. Construction manager
C. Owner himself/herself
D. Construction manager
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