100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
BSCI 4610 Question and answers already passed 2024 $13.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. BSCI 4610
  4.  
  5. BSCI 4610

Exam (elaborations)

BSCI 4610 Question and answers already passed 2024

 3 views  0 purchase
  • Course
  • BSCI 4610
  • Institution
  • BSCI 4610

BSCI 4610 Question and answers already passed 2024 BSCI 4610- Quiz 3 What is a Cost Loaded Schedule (CLS)? each applicable activity in the schedule has a dollar amount; and the sum of these activities should be equal to the total contract value Direct Expense can be billed directly to th...

[Show more]

Preview 2 out of 7  pages

Document information

  • September 4, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • bsci 4610
  • bsci 4610 question and answers already passed 2024

Written for

  • BSCI 4610
  • BSCI 4610

Seller

avatar-seller
Academia199

Reviews received

Content preview

BSCI 4610- Quiz 3
What is a Cost Loaded Schedule (CLS)?
each applicable activity in the schedule has a dollar amount; and the sum of
these activities should be equal to the total contract value




Direct Expense
can be billed directly to the owner as line items in a cost-loaded schedule
(CLS)




Indirect Expenses
billable to the project, but aren't in the CLS




How are indirect expenses billed?
through a multiplier




T/F: If there is a scheduled activity that represents a DIV 1/GC item it is NOT
directly billable and should be a part of the multiplier
False (it is directly billable and should NOT be a part of the multiplier)




What items, included in the mobilization activity, are paid early in the project
by the contractor?

, Bonds, Insurance, Financing, Permits and Fees




Indirect Multiplier
used to bill the owner for expenses that can't be directly billed through the
CLS




T/F: the indirect expenses are divided equally among ALL the schedule
activities through a multiplier
True




What does Activity Cost of Work x Multiplier equal?
Cost loaded schedule activity cost




What is a Pay Application?
the documents submitted on a monthly basis in order to notify Owner of the
project finances, percent complete/progress, and the costs associated with
those activities




What are the 2 ways to track costs on a project?
Schedule of Values or Cost-Loaded schedule

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.49
  • (0)
  Add to cart