In a project network, what does total float of an activity indicate?
Correct answer: C. The time the activity may slip without delaying project completion
- A. The amount of material wasted by the activity
- B. The cost reserved for unexpected site conditions
- C. The time the activity may slip without delaying project completion
- D. The number of workers assigned to the activity
Explanation
Total float is the time an activity can be delayed without delaying the planned project completion date, assuming other relationships remain unchanged. It is not the same as material waste or a financial contingency.
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Construction management covers planning, scheduling, resource control, contracts, procurement, site organisation, safety, quality assurance and project documentation. Estimation includes quantity take-off, rate analysis, bill preparation, valuation and cost control, with attention to the difference between direct and indirect costs and between an estimate, a tender and a final account.
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