CES391 Cost Control Concept

Which one is NOT cost?

• Money paid to contractor

• Money paid to Supplier

• Accountant Salary

• Site Engineer Salary

Total cost of a house was 10 MB. The developer sold it at price 15 MB. How much gross margin he received?

• 5.00%

• 33.33%

• 50.00%

• All are incorrect

What are the difference between cost code using for accounting and cost control purposes?

• Period

• WBS

• CBS

• ABS

You hired four workers to paint your room, which has 100 m2, within 2 days. One days passed, they can paint 40 m2. What was the efficiency of this group of workers?

• 60%

• 80%

• 100%

• 120%

Which one means "earned value" ?

• Budgeted Cost of Work Performed (BCWP)

• Actual Cost of Work Performed (ACWP)

• Budgeted Cost of Work Schedule (BCWS)

• Budget at Completion (BAC)

What is the CPI of this project?

• 50%

• 65%

• 80%

• 82%

What is the SPI (Time-based) of the project?

• 50%

• 65%

• 80%

• 89%

Which one is NOT True?

• Minimum cost of quality occurs when the conformance cost is minimum.

• Minimum cost of quality occurs when the non-conformance cost is minimum.

• Both are correct.

• Both are incorrect.

Who should be members of "Value Engineering" team?

• Engineer

• Architect

• Marketer

• All are correct

Which one is different from the others?

• Depreciation

• Overhaul Cost

• Repair Cost

• Storage Cost