Construction Planning and Management
During the construction period, price variation clause in contracts caters to

Variation in total cost of the project on an ad hoc basis
Variation in cost in materials element, labour element and petrol-oil-lubricant element
Rate of inflation
Increase in rates of only important materials

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Construction Planning and Management
Pick up the correct statement from the following with regards to C.P.M. network analysis of projects

The latest occurrence time of the node of which the activity arrow terminates minus the duration of the activity, is called latest start time
All listed here
The latest occurrence time for the node at which the activity arrow terminates, is called latest finish time
Earliest occurrence time of the event from which the activity arrow' originates, is called earliest start time of the activity

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