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Question 2 A simple project is shown in the following figure. The direct costs associated with the individual activities are shown above the bars. It is assumed that project indirect cost will amount to 5000 LE monthly. The contractor included a profit mark-up of 10000 LE to his bid so that the total bid price was 210000 LE. Retention is equal to 10% of all validated progress payments and will be paid with the last invoice. The progress payments will be billed at the end of the month and the owner will transfer the billed amount minus any retention to the contractor's account 30 day later. Determine the expenses and income profile of this project. (1 month = 4 weeks) Activity 40000 LE 160.000 LE 130.000 LEI Time (months) Question 2 A simple project is shown in the following figure. The direct costs associated with the individual activities are shown above the bars. It is assumed that project indirect cost will amount to 5000 LE monthly. The contractor included a profit mark-up of 10000 LE to his bid so that the total bid price was 210000 LE. Retention is equal to 10% of all validated progress payments and will be paid with the last invoice. The progress payments will be billed at the end of the month and the owner will transfer the billed amount minus any retention to the contractor's account 30 day later. Determine the expenses and income profile of this project. (1 month = 4 weeks) Activity 40000 LE 160.000 LE 130.000 LEI Time (months)

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