CT General Contractor Practice Questions - Connecticut General Contractor Exam

What is 'value engineering' in construction project management?

Increasing the project cost to improve quality A systematic method to improve the value of a project by examining the function of each component relative to its cost Reducing the project scope to lower the budget Hiring the cheapest subcontractors available

Correct Answer:

A systematic method to improve the value of a project by examining the function of each component relative to its cost

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