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Civil Engineering :: Engineering Economy

  1. A project construction cost estimate includes:

  2. A.
    the labour and material cost
    B.
    the equipment and over head cost
    C.
    the profit of the contractor
    D.
    All of these

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  3. In the cash flow diagram shown in the given figure

  4. A.
    The first disbursement occurs at the end of year 2
    B.
    The second disbursement occurs at the end of year 4
    C.
    The first receipt occurs at the end of year 1
    D.
    The second receipt occurs at the end of year 3
    E.
    All of these

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  5. Pick up the correct statement from the following:

  6. A.
    The receipts and disbursements in a given time interval are referred to as cash flow.
    B.
    The assumptions that all cash flows occur at the end of the interest period, is known as the end of period convention.
    C.
    A cash flow diagram is a graphical representation of cash flows drawn on a time scale.
    D.
    The cash flow diagram represents the statement of the problem and also includes what is given and what is to be found.
    E.
    All of the above.

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  7. The person desires to pay off the amount in 10 equal annual instalments. The amount of each instalment is :

  8. A.
    Rs 5638
    B.
    Rs 6638
    C.
    Rs 7738
    D.
    None of these

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  9. Renu Bala deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, she will receive an amount of Rs X 10 years from now, where X is

  10. A.
    Rs 3415
    B.
    Rs 4225
    C.
    Rs 4413
    D.
    Rs 4826

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  11. Pick up the correct statement from the following:

  12. A.
    The capital required to get a project started is the first cost.
    B.
    The first cost is a single cash flow or a series of cash flows that are made in the beginning of the activity's life span
    C.
    The first cost of purchasing a car is the sum of the down payment, taxes and dealers charges.
    D.
    All of these

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  13. Pick up the correct statement from the following:

  14. A.
    Engineering economy is a collection of mathematical techniques which simplify economic comparisons
    B.
    Engineering economy is a decision assistance tool by which one method will be chosen as the most economically one.
    C.
    For understanding the engineering economy, one should be able to classify the basic terminology and fundamental concepts of economy.
    D.
    All of these.

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  15. Keeping in view, the feasibility order of magnitude, the preliminary, conceptual or budget estimates, are prepared by :

  16. A.
    architect/engineer
    B.
    construction manager
    C.
    owner himself/herself
    D.
    construction manager
    E.
    None of these

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  17. The construction manager uses the estimate of the project

  18. A.
    to tell the owner of the project to take his/her financial decision.
    B.
    to advise the architect/engineer regarding design cost parameter especially in value engineering analysis.
    C.
    to develop bids on the project.
    D.
    to control the project during its construction.
    E.
    All of these

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  19. If P is principal amount, i is the rate of interest per annum and n is the number of periods in years, the compound amount factor (CAF) is :

  20. A.
    (1 + i)n
    B.
    (1 + i)(1/2n)
    C.
    (n + i)
    D.
    None of these

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