Provide a focused critical appraisal with examples of how technological advances, including the use of Building Information Modelling may assist quantity surveying practitioners in providing accurate and reliable cost advice.

Assessment task details and instructions Ensuring construction projects are completed within budget and with a high degree of cost certainty is a central feature of quantity surveying practice. Clients require confidence in the cost advice provided, with construction projects becoming more complex and challenging with developments requiring consideration of a wide range of issues. Approaches […]

Describe how you might use an actuarial prediction method to describe who your best friend should date.

Compare and contrast A. Compare and contrast clinical versus actuarial prediction. Be able to describe what both entail and provide detailed examples of how you would use clinical prediction methods to decide upon who your best friend should date. Then, describe how you might use an actuarial prediction method to describe who your best friend […]

What quantity would be ordered under this policy-what is the projected profit under the three sales scenarios?

Case problem 4 Specialty toys Managerial Report Prepare a managerial report that addresses the following issues and recommends an order quantity for the Weather Teddy product. Use the sales forecaster’s prediction to describe a normal probability distribution that can be used to approximate the demand distribution. Sketch the distribution and show its mean and standard […]