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CVE1501 Assignment 2 2023

The document outlines an assignment for a Civil Engineering Management module. It provides instructions for answering two questions, the first asking to define management functions and describe key project concepts, the second asking to list plant/equipment costs and calculate hourly owning/operating costs given purchase/scrap values, interest rate, depreciation rate, working hours and operating costs.

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Rachel Du Preez
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0% found this document useful (0 votes)
53 views

CVE1501 Assignment 2 2023

The document outlines an assignment for a Civil Engineering Management module. It provides instructions for answering two questions, the first asking to define management functions and describe key project concepts, the second asking to list plant/equipment costs and calculate hourly owning/operating costs given purchase/scrap values, interest rate, depreciation rate, working hours and operating costs.

Uploaded by

Rachel Du Preez
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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UNIVERSITY EXAMINATIONS

DEPARTMENT OF CIVIL ENGINEERING

Module code: CVE1501

Module name: Civil Engineering Management


Total mark: 35

Assignment no: 02

Assignment due date: 15 May 2023

Module lecturer: Mr. J Sibanda

This Assignment consists of 2 pages (including this cover page).

Instructions:

Honor Pledge: I have neither given nor received aid on the assignment.
Plagiarism is the act of taking words, ideas and thoughts of others and presenting it
as your own. It is a form of theft which involves a number of dishonest academic
activities.

 Answer all questions


 Write clearly using black ink
 Space your work out adequately
 Read the questions carefully
 Pay careful attention to the allocated marks
Assignment 2 CVE1501 S1 2023

QUESTIONS [35]

QUESTION 1
1.1 Define the task of management and describe in detail the four
fundamental management functions. (10)
1.2 Describe the following concept in your own words:
a) Project Stakeholders (2)
b) Project Life Cycle (2)
c) Project Brief (2)
d) Work Breakdown Structure (2)
[18]
QUESTION 2
2.1 List seven cost items that should be taken into consideration when
hiring plants and equipments: (7)
2.2 Determine the hourly owning and operating cost for the 1st year of
operation of an equipment item, using the information below: (10)

Cost of plant R 45 000


Scrap value of plant R 7 000
Interest on capital 7% p.a
Depreciation 20% p.a
Estimated life 7 years
Working hours per year 1 700 hours
Operator R 5-00/hr
Fuel and lubrication R 10-00/day
Maintenance and repairs 33,3% of owner cost
[17]

TOTAL MARKS: 35

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