Question

When a general contractor claims that he/she owns the floats in the programme, what does he/she...

When a general contractor claims that he/she owns the floats in the programme, what does he/she intend to reflect?

Homework Answers

Answer #1

Float means the time duration with which an activity in a project can be delayed without compromising with the overall time duration of the completion of the project.

If a general contractor claims that he/she owns the float in the programme, it means he/she has taken preventive measures in the activities so that if due to some accidents or unavoidable natural phenomena ( like excess rainfall, earthquake etc ) the activity is delayed, then also the overall project duration will not change.

Generally contractor owns the floats in order to manage the sequence , timings of activities and allocate the resources appropriately.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A 201 General conditions contractor for construction contract 1what the cost to owner to determine a...
A 201 General conditions contractor for construction contract 1what the cost to owner to determine a project for "convenience"? The contractor on countered materially different site conditions during excavation. In order to make a claim for additional cost, when does he have to file the claim? Does the owner have right to reject contractor's (GC'S) subcontractor who is reasonably capable of performing the work?
Eleanor claims that the GCD(0,a)=0. Is she correct? What does she understand about GCD? What does...
Eleanor claims that the GCD(0,a)=0. Is she correct? What does she understand about GCD? What does she not understand?
1. A general contractor performed work for company X without a written agreement between them. Company...
1. A general contractor performed work for company X without a written agreement between them. Company X instructed the contractor to submit the payment applications to company Y (which is a subsidiary to company X) but company Y did not pay the contractor back. Is the contractor entitled to any payments and what actions can he/she take? Explain.
Regarding Risk Management: When speaking to a colleague who owns a business, he mentions that he...
Regarding Risk Management: When speaking to a colleague who owns a business, he mentions that he does what is necessary to attend conferences in Orlando, FL. After attending the conference, he will invite his family and children to join him and will use some of the business money to pay for Disney World-related expenses, such as lodging and food. What do you think about this situation? Is it fraudulent? Does it matter that he owns the business? PLEASE MAKE COPY...
An agent is generally not liable on a contract when he or she does which of...
An agent is generally not liable on a contract when he or she does which of the following? a) Agent contracts by deed in their own name b) Agent does not disclose the existence of the principal c) Agent discloses the fact that a principal exists but does not disclose the name of the principal d) Agent contracts outside the scope of the authority they have been given
Mary owns a winery in southern Ohio she started 5 years ago. She established a Limited...
Mary owns a winery in southern Ohio she started 5 years ago. She established a Limited Liability Company called “Great Grapes” to operate the winery under. Mary is hired as the President of Great Grapes and is responsible for all operations and manages all employees. Ted, an employee of Great Grapes recently was operating a backhoe (a digging machine) in the vineyard when he struck a fiber optic data line. His negligence shut down a number phone lines creating a...
jJmie owns 1,000 shares of Jasper Corp. common stock with a basis of $20,000. She receives...
jJmie owns 1,000 shares of Jasper Corp. common stock with a basis of $20,000. She receives a 10 percent taxable stock dividend when the FMV of each share of stock is $12. How much income does she have? What is the basis in the new shares? When does the holding period of the new shares begin? What is the basis in the old stock?
What does an individual have to consider in auditing if he/she trades with bitcoins? Focus on...
What does an individual have to consider in auditing if he/she trades with bitcoins? Focus on both accounting and non-accounting implications.
beauvoir the second sex- what does she mean when she says that women are socially interpreted...
beauvoir the second sex- what does she mean when she says that women are socially interpreted as "the sex"?
What are the potential consequences of a patient being misdiagnosed with an anxiety disorder when he...
What are the potential consequences of a patient being misdiagnosed with an anxiety disorder when he or she is only suffering an episode of temporary anxiety? What about a patient who is diagnosed as not having an anxiety disorder when he or she does in fact have one?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT