Question
Download Solution PDFUsually, the expenditure on supervision charges is ________ of the total cost.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDF- The correct answer is 4) 1% to 1.5%. Expenditure on supervision charges typically ranges from 1% to 1.5% of the total cost.
- Supervision charges encompass the costs associated with overseeing and managing construction projects, including monitoring progress, ensuring compliance with specifications, and coordinating various tasks.
- This percentage allocation is a common industry standard, reflecting the importance of effective supervision in ensuring the successful and timely completion of construction projects while maintaining cost efficiency.
- However, actual percentages can vary based on project complexity, scale, and other factors influencing the level of supervision required.
Last updated on Jul 1, 2025
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