contrustion Management True or False

Tor F 43. When producing a report to the upper management, the general rule is to include as much details as possible. Tor F 44. The project manager of a construction project does not have to be an expert in all technical disciplines of the project but has to be at least familiar with them. Tor F 45. Cost estimating and scheduling are totally independent. Tor F 46. In order for the cost estimate to be complete, the schedule must be done first. Tor F 47. In a lump sum contract, the less the contractor knows about the project, the higher his percentage of profit he/she adds to the estimate. Tor F 48. There is a conceptual difference between preparing an approximate estimate and a detailed estimate. Tor F 49. There is a conceptual difference between preparing a summary schedule and a detailed schedule. Tor F 50. The only way to cost-loading schedules is to assign a dollar figure to the budget of each activity. Tor F 51. Scheduling and accounting are related to each other in some aspects. Tor F 52. Procurement is mainly concerned with materials purchasing only. Tor F 53. Submittals don't have to be considered when creating a project construction schedule. Tor F 54. For rain days, it is better for the scheduler-when creating the schedule-to distribute them evenly throughout the project