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- Subject
- Construction Planning and Managementcivil-engineering-mcqs › construction-planning-and-management
- Published
- 19 Jan 2019
- Last updated
- 28 May 2026
Explanation
The price variation clause is designed to accommodate changes in the costs of essential components, specifically materials, labor, and petrol-oil-lubricant expenses, during construction. It does not cover only specific materials, ad hoc total project cost changes, or the general inflation rate alone.
More Construction Planning and Management MCQs
Practice related questions from the same subject.
- 1.What is the minimum required width for fire escape stairways?
- 2.Which of the following statements is incorrect?
- 3.Identify the statement that is false regarding start float and finish float.
- 4.Identify the statement that is incorrect:
- 5.For which type of projects is the PERT network analysis method primarily designed?
- 6.Which of the following statements is accurate regarding CPM network diagrams?
- 7.In PERT analysis, which probability distribution is used to estimate the duration of activities and their likelihood?
- 8.The earliest completion time of an activity is always ____________ compared to the earliest event time of its succeeding node?
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