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1. Briefly explain Inaccurate project estimates and Poor on-site management causes which result in cost overruns in the construction project: 2. Provide at least three

1. Briefly explain Inaccurate project estimates and Poor on-site management causes which result in cost overruns in the construction project:

2. Provide at least three techniques/methods which can be used to reduce the construction cost on labour and contracting out.

3.List any three methods that can be used to save cost on the material and supplies in the construction project.

4.List three different indicators that can measure equipment performance and efficiencies.

5. Why it is important to measure the equipment performance and efficiency in the construction project?

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