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INDIAN SCHOOL OF BUSINESS MANAGEMENT AND
ADMINISTRATION
AN ISO 9001:2015 CERTIFIED INTERNATIONAL B-SCHOOL
Name: Marks: 80
Course: Masters in Business Administration (MBA 4 Sem)
Subject: Construction Management
Answer the following question.
Q1. Write short notes in the following.
on Demobilization (10marks)
Answer : Demobilization refers to the process of discharging military personnel from active duty and reducing the size and capabilities of a country’s armed forces following the end of a war or conflict. It involves a wide range of activities, including personnel demobilization, decommissioning of equipment and facilities, and the reintegration of ex-combatants into civilian life.
Some key features of demobilization
Q2. What is Risk Identification Analysis and Classification? List out the Risk avoidance and Reduction measures.(10marks)
Answer : Risk identification, analysis, and classification are essential components of risk management. It involves identifying potential risks that may affect the project, analyzing the likelihood and impact of these risks, and categorizing them based on their severity and importance.
Risk Identification Analysis and Classification:
Q3. Explain the constitute of tender documents:-Specimen of Earnest Money Guarantee. (10marks)
Answer : Tender documents are a set of documents that are used by organizations to solicit bids from vendors or contractors for the supply of goods or services. These documents are used to communicate the requirements, specifications, terms and conditions of the contract, and evaluation criteria to the potential bidders. The following are the constituent parts of a tender document:
1. Cover Letter: This is the
Q4. What Are the Different Types of Contracts? (10marks)
Answer : Contracts are agreements between two or more parties that create legally binding obligations. There are various types of contracts that are used in different situations, depending on the nature of the transaction and the requirements of the parties involved. The following are some of the most common types of contracts:
1. Express Contract: An express contract is a contract in which the terms are explicitly agreed upon by the parties, either orally or in writing.
2. Implied Contract: An implied
3.
Q5. Explain the checklist for a contractor? (10marks)
Answer : A contractor’s checklist is a document used to ensure that all necessary tasks and activities are completed in a construction project. This helps to ensure that the project is completed on time, within budget, and to the required standards. The following are some of the key items that may be included in a contractor’s checklist:
1. Obtain all necessary permits: Before starting any construction work, the contractor must obtain all the necessary permits
Q6. Illustrate the financial model for a construction organization operations. (10marks)
Answer : The financial model for a construction organization operations is a framework that outlines the financial aspects of running a construction business. The model typically includes the following components:
1. Revenue: The revenue section of the financial model outlines the sources of income for the construction organization. This may include revenue from construction projects, as well as other sources such as rentals, sales of equipment, or consulting fees.
2. Cost of goods sold: The cost of goods sold (COGS) section of the financial model outlines the direct costs associated with
3.
4.
Q7. Write a short note on the following on Maintenance (10marks)
Answer : Maintenance is the process of preserving or restoring an asset or equipment to its original or acceptable operating condition. It is an essential component of asset management and is critical for the safe and reliable operation of equipment and infrastructure.
There are various types of maintenance strategies, including preventative maintenance, predictive maintenance, and corrective maintenance. Preventative maintenance involves performing scheduled inspections, repairs, and
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id
help.mbaassignments@gmail.com
or
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