ASSIGNMENT FOR

ENGINEERING ECONOMY
SUBMISSION
SUNDAY. APRIL 25, 2021
TIME: 12:35PM

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Question One

a) Identify five (5) types of contractual claims

b) Outline five (10) causes of claims

c) State five (5) approaches to be adopted in Construction

Dispute Resolution

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Question Two

• Which of the following alternatives is superior over a 30-

year period if the interest rate is 10%
Alternative A Alternative B

Type Brick Wood

Life 30 years 10 years

Initial Cost $1800.00 $450.00

Maintenance $5 / year $20/ year

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Question Three

a) Outline five (5) aspects of project appraisal to be considered when

developing a project idea

b) Provide a list Five (5) of construction equipment mainly utilized on

a construction site

c) Outline three (3) advantages and two (2) disadvantages of GANTT

Chart

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Question Four
• Explain the following terms:

a) Turnkey contracts

b) BOT contracts

c) DB contracts

d) Contract Manager at Risk

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