Usually, the expenditure on supervision charges is ________ of the total cost.

Question

Question

This question was previously asked in

SSC JE Electrical 4 Dec 2023 Official Paper II

Answer 1

Explanation:

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.