5 Questions
What are the main common elements of building projects in the construction industry?
Scope of work, time schedule, and budget
Why is construction cost estimation considered a fundamental skill for engineering firms and contractors?
Important project decisions are based on costs
What impact do construction project decisions have, according to the text?
Long-term and significant impact
What do construction project investors often focus on when making decisions about building design, equipment, and energy systems?
Acquisition costs
What is the reason for the long-term and significant impact of decisions connected with construction projects?
Buildings have long lifespan and high costs
Test your knowledge of financial considerations in construction projects with this quiz on managing building projects, scope of work, time schedules, and budgets in the construction industry. This quiz is based on the lecture notes in CE 35 – Building Systems Design from Central Mindanao University's College of Engineering.
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