Construction Management (2180611) MCQs

MCQs of Construction project cost and cost and value managements

Showing 1 to 10 out of 16 Questions
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1.
Cost control in any project can be achieved by _________.
(a) Controlling overhead cost
(b) Controlling cost of resources
(c) Controlling cost of consulting
(d) None of the above
Answer:

Option (b)

2.
Which of the following is not a step to control the project cost?
(a) Cost Control
(b) Cost planning
(c) Resource planning
(d) Cost overrun
Answer:

Option (d)

3.
Arrange following in appropriate manner to control the project cost. 1. Cost planning 2. Cost control 3. Cost budgeting 4. Resource planning
(a) 3-4-1-2
(b) 1-2-3-4
(c) 4-1-3-2
(d) 3-1-4-2
Answer:

Option (c)

4.
Cost estimation of resources to be used in project is done in __________ step of cost control.
(a) Cost planning
(b) Cost control
(c) Cost budgeting
(d) Resource planning
Answer:

Option (a)

5.
Under which head cost of an item or activity is recorded?
(a) Material cost
(b) Labour cost
(c) Plant and equipment cost
(d) All of the above
Answer:

Option (d)

6.
Which of these is a major category of material on site?
(a) Client supplied material
(b) Own Purchase material
(c) Both A & B
(d) Only B
Answer:

Option (c)

7.
Cost codes can be formed using ________.
(a) Latters
(b) Numbers
(c) Symbols
(d) All of the above
Answer:

Option (d)

8.
Which of these is not a step in preparation of cost statement?
(a) Allocation of cost code
(b) Determination of resource usage
(c) Collection of cost related information
(d) Determine deferred expense
Answer:

Option (b)

9.
Harris and Mc Caffer suggested ______ number of cost code are optimum for coarse grained system.
(a) 15
(b) 30
(c) 50
(d) 200
Answer:

Option (a)

10.
Value engineering aims at _________.
(a) Reducing material cost
(b) Reducing labour cost
(c) Identifying unnecessary cost
(d) Reducing inventory cost
Answer:

Option (c)

Showing 1 to 10 out of 16 Questions
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