Construction Ma...

The normal duration and normal cost of an activity are 25 days and 50,000 rupees respectively. The activity crash duration is 22 days and the indirect cost is 1000 rupees per day. If the cost slope is 1500 rupees per day, then the crash cost of the activity will be

The original cost of equipment is rupees 1,00,000. Its salvage value at the end of its useful life of five years is 40,000. Its book value at the end of two years of its useful life as per straight line method of evaluation of depreciation will be

A contract in which the contractor is required to quote a fixed sum for execution of the complete work by referring to the drawing, designs and specifications is known as a __________.

The optimistic, most likely and pessimistic time estimates of activity are 8, 15 and 18 weeks respectively. The Probable range of completion time of the activity will be

A crane is purchased now, its useful life is 8 years after which a new crane must be purchased. If the interest rate is 6%, the capital recovery factor (CRF) up to 2 decimal places is

For the following detail of the network, which of the following activity should be crashed first?

Identify the correct Statements in accordance with PERT and CPM.