What does a cost-loaded construction schedule assign to project activities?
Correct answer: D. Budgeted cost values linked to planned work
- A. The contractor's legal claims against the employer
- B. Only the names of responsible site supervisors
- C. Only the physical dimensions of completed work
- D. Budgeted cost values linked to planned work
Explanation
A cost-loaded schedule links planned activity costs with dates and quantities of work. This allows planned expenditure to be compared with actual cost and progress during project control.
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About Construction Management and Estimation
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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