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The cost of construction including all the expenditure incurred from beginning to the completion of work is called as-
Question

The cost of construction including all the expenditure incurred from beginning to the completion of work is called as-

A.

Approximate cost

B.

Capital cost

C.

Labour cost

D.

Material cost

Correct option is B


The term capital cost refers to the total expenditure incurred from the beginning to the completion of a construction project. It includes all costs associated with the construction, such as materials, labor, overheads, and other related expenses.
Approximate cost: Usually refers to a rough estimate of the cost, not the total expenditure.
Labour cost: Refers specifically to the cost associated with the workforce involved in the construction.
Material cost: Refers to the cost of the materials used in construction.
Capital cost: Correct, as it encompasses all costs from the start to the completion of the project.
Therefore, the correct answer is (b) Capital cost.

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