Construction Project Management Success Quiz
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In 2017, what was the main benefit of implementing the new estimating process?

  • Better visibility to the Management and Clients on reporting of costs (correct)
  • Reduction in project billing/collection process time
  • Improved project scheduling efficiency
  • Integration of multiple software tools

    • What was the financial impact of the TARGET 20/20 Tool implementation in 2013?

  • Positive improvement of Gross Margin by 5% (correct)
  • Reduction of project contracts by 20%
  • Cost savings of $300M USD
  • Increase in project billing efficiency

    • For which effort in 2013 was the Annual Gold Star Award for Innovation awarded?

  • Streamlining of project billing/collection process
  • Successful implementation of a new estimating process
  • Development of processes and tools for financial and progress reporting strategy (correct)
  • Creation of cost loaded Project Schedules

    • What was the main achievement of implementing the Project Control Book tool in 2012?

    <p>Bringing all regions in the same projects reporting platform</p> Signup and view all the answers

    In 2012, how much time was saved annually by implementing the Project Control Book tool?

    <p>110 man days</p> Signup and view all the answers

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