Exam 5: Project Chronology

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In which of the following are the four stages of design in the correct order?

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Matching Identify in which project phase the following work would occur. -Store spare parts and collect warranties

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E

Matching Identify in which project phase the following work would occur. -Write project specifications

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Matching Identify in which project phase the following work would occur. -Broad-scale planning

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Matching Identify in which project phase the following work would occur. -Contract for subcontract services

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Long-lead items are materials or equipment typically ordered and bought by the in advance of the contract award.

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Matching Identify in which project phase the following work would occur. -Coordinate labor and material installation

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With the cost of money increasing 10 percent per year, a dollar spent on construction today is worth more than a dollar earned two years in the future.

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As a project moves through the design phase, decisions and details considered become more numerous, and of a smaller scale.

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Assuming no contract changes, during which of the following project stages is the actual cost of construction most likely to be determined?

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