Construction Techniques important questions with Answers

WHAT IS SCHEDULE CONTROL?
Schedule control involves

witj determining the status of schedule. influences factors that create schedule changes. Any changes are managed as they occur. Schedule control is a component of the Integrated Change Control process. DIFFERENTIATE COST COMMITED AND COST EXPOSURE? Cost Committed and Cost Exposure !! Estimated cost to completion in each category in divided into firm commitments and estimated additional cost or exposure. Commitments may represent material orders or subcontracts for which firm dollar amounts have been committed.