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ACE

Total questions: 5

Worksheet time: 10mins

Name
Class
Date
1.

1. When is the Start up cost utilized ?

a)

Till the ACE is approved

b)

Before the LOI is awarded

c)

Till the client approves the first bill

d)

Till the beginning of Construction

2.

1. Where to update the Schedule of P&M (S3)

a)

Under Scope register, cost breakdown structure.

b)

Under Sub-Contracting Plan.

c)

Under Material Procurement Plan.

d)

Under P&M Plan

3.

What is the enabling cost option used for ?

a)

To give cost provision for Direct Cost Packages, like Salary & design fees, that do not have a BOQ.

b)

To give cost provisions for Overheads

c)

It is cost package to show probable savings.

d)

None of the above

4.

Where should you update staff cadre wise CTC values ?

a)

Under Staff Expenses in Indirect Cost.

b)

Staffing Plan

c)

Sub-Contracting Plan

d)

None of the above

5.

Where do you update Minimum wages of Labour?

a)

In scope Register

b)

In Labour Master

c)

In Sub-Contracting Plan

d)

Under Staffing Plan