6 Questions
Who prepares the CSA (Contract Sum Analysis) with the Main contractor to firm up feasibility cost?
QS
Who shares the delivery meeting notes to the QS to prepare the PAG cost?
PPM
Who reviews and approves the updated Cost plan to submit to PAG?
DPM
What does Capital expenditure (Capex) refer to?
Money spent on goods and services that create an asset for the Company
How is Capex different from Opex?
Capex creates assets, while Opex covers day-to-day expenses
In what way does Capex benefit a company?
It creates assets that contribute to the company's value
Test your knowledge of construction project management processes with this quiz. Challenge yourself with questions on updating scope, preparing cost plans, chasing suppliers for quotations, and firming up feasibility costs. See how well you understand the steps involved in managing construction project delivery meetings and contract sum analysis.
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