PC1 MODULE 4 OF 5

Question 1

This process involves determining project requirements, creating schedules, estimating costs,
organizing resources, and identifying potential risks.

Answer 1

PLANNING

Question 2

Planning functions has Four Different Dimensions, namely

Answer 2

Planning is integration
Planning is process
Planning is a collection of procedures.
Planning is philosophy

Question 3

He bears the ultimate responsibility for the success or failure of the project. His role in the construction is one of an organizer, a person who is capable of working through others to accomplish the objectives of the project

Answer 3

PROJECT MANAGER

Question 4

It acts as a blueprint outlining the
sequence of activities, milestones, and deadlines for a project, ensuring it progresses smoothly and efficiently

Answer 4

TIMETABLE

Question 5

The project manager should conduct one or more informal sessions with key personnel assigned to the project such as

Answer 5

The construction superintendent
Job Buyer
Job expediter
Drafting room coordinator

Question 6

Methods for Manpower Estimation

Answer 6

WORK CATEGORY
CRAFT
METHODS

Question 7

Estimating manpower based on the type of work being done, such as foundations, underground facilities,
etc.

Answer 7

Work Category

Question 8

Estimating manpower based on specific construction trades, such as carpenters, electricians, plumbers

Answer 8

CRAFT

Question 9

Using a combination of work category and craft to create more detailed estimates

Answer 9

GROUP METHODS

Question 10

The buying of materials is
an important activity in all
construction works.

Answer 10

MATERIAL SUPPLY

Question 12

must have experience in identifying the
variety of materials and supplies in general
demand for construction work including the trade names, the quality and local practices
that govern the prices

Answer 12

PHURCHASING CLERK

Question 13

is a universal lubricant, which keeps a business enterprise dynamic. Without sufficient financing, a business cannot get
started.

Answer 13

MONEY

Question 14

is a predominant factor of considerations for upon it may rest the justification for and in fact the very survival of the company

Answer 14

Profit Motive

Question 15

is the long term responsibility of management to use investment that will yield the largest possible profit and it is the function of budgeting to plan that profit
profile.

Answer 15

Budget

Question 16

This type of budget depends upon the ability to predict income with at least a reasonable degree of accuracy.

Answer 16

Static Budget or Fixed Budget

Question 17

This type of budget recognizes the unreliability of income prediction and
makes provisions in advance for variations in construction expenditures in accordance with variation in income.

Answer 17

Variable Budget or Flexible Budget

Question 18

is one that is constant in total amount for a given period

Answer 18

FIXED COST

Question 19

increases or decreases in proportion with the volume of production or construction activities.

Answer 19

Variable Cost