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Author Question: In order to remember important project dates, it is desirable to: A. tabulate and flag project ... (Read 144 times)

KimWrice

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on: Jul 26, 2018
In order to remember important project dates, it is desirable to:
 
  A. tabulate and flag project milestones at the beginning of the job.
   B. have a subordinate remind you as the date approaches.
   C. rely solely upon your memory as the project progresses.
   D. wait for the contractor to discover (or forget) important project dates, as it is the contractor's responsibility anyway.

Question 2

Explain why cost plus a percentage of the cost contracts could be a disadvantageous contracting type for an owner.
 
  What will be an ideal response?


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lucas dlamini

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Reply #1 on: Jul 26, 2018
Answer to Question 1

A

Answer to Question 2

Cost plus a percentage of the cost contracts could be a disadvantageous contracting type for owners because there could be no cap on the total cost and the more the contractor spends on direct costs the higher percentage he or she would receive that would represent overhead and profit.


KimWrice

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Reply 2 on: Jul 26, 2018
Excellent

lindahyatt42

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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