Machine-translated by Google. Questions are authored in English.
Top

Discussion

A definitive estimate is distinguished from a preliminary one by resting on

  • A.an index adjustment of an older figure
  • B.completed engineering and firm quotations
  • C.capacity scaling from a similar plant
  • D.a single cost per unit of output

Answer: B

Detailed drawings, bills of quantities and supplier prices bring the accuracy to within a few per cent, which is what a contract award requires. The work needed to produce it is itself substantial, so it is prepared only once the project is likely to proceed.

No comment is present. Be the first to comment.
Loading…

Post your comment

Please log in or register to post a comment.