Exam 13: Schedule

Float on a schedule is not found on the critical path

Acts of God are compensable delays

In a non-compensable delay, the Contractor is not entitled to a time extension or more money

A compensable delay has to affect the critical path

Delays along any part of the schedule that contains float are considered

A critical delay will affect the schedule for completion

A Contractor knows the schedule is important to

Liquidated damages are

An excusable delay will involve additional compensation by the Owner

An Act of God will automatically increase contract completion time

Once a contract is signed, usually the most important issue for the Owner is

""Construed against the drafter"" is

The extra costs related to directed acceleration will be paid for

Liquidated damages are

Liquidated damages are usually covered by flood insurance

Trade stacking usually occurs at the beginning of the project before everyone understands the full scope of work

In regard to use of float

A concurrent delay is when two or more delays overlap each other

Float is often seen as belonging to

If the Owner cannot extend the completion date after a delay