Question

g) Recovery schedule is a: i. A schedule prepared by the contractor to recover lost costs. ii. A schedule prepared by the owner and given to the contractor to make adjustments in the work plan. iii. A schedule prepared by the contractor after the project had fallen behind with adjustments that expedite the remainder of the project to ensure a timely finish. iv. None of the above.

Answer 1

Answer: iii. A schedule prepared by the contractor after the project had fallen behind with adjustments that expedite the remainder of the project to ensure a timely finish

Step-by-step explanation:

The recovery schedule is a method of recovering time by the contractor. Just like the progress schedule, it should be noted that the recovery schedule is the responsibility of a contactor.

Therefore, it is a schedule prepared by the contractor after the project had fallen behind with adjustments that expedite the remainder of the project to ensure a timely finish.