Mock Interviews Flashcards by chloe miles | Brainscape

Q

What could be included in a cost report?

A

cashflow
budget
VOWD
accruals
earned value analysis
value engineering
risk

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Q

Types of cost plan

A

Unit
Elemental
Initial cost appraisal
Approximate quantities
Pre-tender estimate (using BOQ)

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Q

Methods of payment/ valuation

A

Stage payments
Milestone payments
Activity schedule
Bill of Quantities
Defined cost

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Q

What is a letter of intent

A

A document outlining the intentions of two or more parties to do business
not usually legally binding but dependent on the wording of the letter

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