Question: Construction Materials & Procedures The overdraft of a project is the basis for the line of credit amount. True False The Work Breakdown Structure (WBS)

Construction Materials & Procedures

Construction Materials & Procedures The overdraft

The overdraft of a project is the basis for the line of credit amount. True False The Work Breakdown Structure (WBS) is only important in breaking out the project and has no bearing on cost control or budget. True False In a stipulated-sum contract, the price quoted is a guaranteed price for the work specified in the plans and supporting documents. True False The only circumstance that a time extension can be given is on the basis of extremeot typical weather (i.e. earthquake, tornado). True O False

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