The total estimated duration of the mass excavation activities in an office building project is 40 days. After 18 days, the project manager receives the following information: Activity Earth Clay Rock Total Volume to be excavated (cubic yard) Select the correct response: 13,129.03 What is the forecasted cost variance of rock excavation? -16,633.06 20,000 8,000 11,000 -13,129.03 16,633.06 Unit Price 2.50 5.50 7.50 Actual volume excavated (cubic yard) 8,400 3,100 6,200 Actual cost 19,750 20,850 53,900
The total estimated duration of the mass excavation activities in an office building project is 40 days. After 18 days, the project manager receives the following information: Activity Earth Clay Rock Total Volume to be excavated (cubic yard) Select the correct response: 13,129.03 What is the forecasted cost variance of rock excavation? -16,633.06 20,000 8,000 11,000 -13,129.03 16,633.06 Unit Price 2.50 5.50 7.50 Actual volume excavated (cubic yard) 8,400 3,100 6,200 Actual cost 19,750 20,850 53,900
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter16: Budget Estimating
Section: Chapter Questions
Problem 4RQ: Prepare a typical bay estimate based on the following information: a. Bay size of 350 feet and a...
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