The Percentage of Completion Can Be Measured in a Number

question 65

Multiple Choice

The percentage of completion can be measured in a number of ways,including:

• A) physical estimates or surveys of the work performed to date.
• B) the work plan basis, which uses the project management plan to calculate the percentage of the construction completed.
• C) the billings basis, using the proportion that progress billings to date bear to the total estimated billings for the contract.
• D) physical estimates or surveys of the work performed to date and the billings basis, using the proportion that contract costs incurred for work performed to date bear to the estimated total contract costs.

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Definitions:

Universality

The ability to be applied or relevant in all cases, or the notion that certain concepts hold true across all cultures and situations.

Schizophrenia

A psychological condition marked by unusual conduct, peculiar speech, and a diminished capacity to grasp reality.

Waxy Flexibility

A state wherein a person’s limbs and posture can be “moulded” into different positions as if the person were made of wax. Occasionally seen in schizophrenia.

Catatonic Posturing

A symptom of certain mental conditions where a person maintains unusual, fixed body positions for a long time.