Lodha Group Management Trainee Interview Questions and Answers

Budgeting is the process of creating a financial plan for a project or organization.

• It involves estimating the costs of various activities and resources required for the project.

• It helps in allocating resources effectively and efficiently.

• It also involves monitoring and controlling the expenses to ensure that they stay within the budget.

• Budgeting is an important aspect of project management as it helps in achieving pro...read more

Mode of measurement codes are used to identify the method of measurement used for a particular project.

• Mode of measurement codes are typically used in construction and engineering projects.

• They are used to identify the type of measurement used, such as linear feet or cubic yards.

• These codes are important for ensuring consistency and accuracy in project measurements.

• Examples of mode of measurement codes include LF for l...read more

Mode measurement can be done using various methods depending on the type of work.

• Shuttering can be measured using square feet or square meters.

• Brick work can be measured using cubic feet or cubic meters.

• Plaster can be measured using square feet or square meters.

• Painting can be measured using square feet or square meters.

• Measurement can also be done using laser distance meters or digital measuring tapes.

• Accuracy and pre...read more