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CMT 443 CONCEPTUAL EST. EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026

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CMT 443 CONCEPTUAL EST. EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 True - Answers A contractor's estimating department is responsible for identifying the goals and objectives of the department. Pre-Solicitation Notice - Answers Agencies of the U.S. government use a standard form called the "____" to provide bid information. advertisements in newspapers - Answers All of the following are considered primary sources of information for private bids EXCEPT: prequalified - Answers A method of addressing the problem of bids from contractors of questionable capability is to call for bids from ____ contractors only. query list - Answers A method of handling the problem of review questions is to compile a list of all the questions that arise, the ____, then later send a single e-mail to the prime consultant to deal with all the items that have accumulated. False - Answers An effective way to plan estimating operations is to use a simple line chart form of time schedule. True - Answers Construction groups in major cities have formed associations or plan service centers where both public and private bodies may deposit plans and specifications of projects calling for bids. False - Answers General clauses that have a significant impact on the cost of the work are often found in the "back end" of specifications in the review process. True - Answers If an estimator does not know exactly what the computer is accomplishing in the preparation of an estimate, the estimator will not be in control of the process. False - Answers In a closed bid system, the number of companies invited to bid is typically limited to no more than ten contractors who are known to the owner or designers and who meet the qualification criteria set by the owner. False - Answers In closed bidding, there is little restriction on who can submit a bid on the work. True - Answers Managing the estimating process includes keeping bid records, scheduling the estimator's time, and carefully reviewing bid documents when they are obtained. False - Answers Many government agencies are reluctant to publish bid notices on the Internet. a day or two - Answers Most companies hold an estimate review usually ___________ before the bid is due to be submitted. True - Answers On most projects general contractors request two complete sets of bid documents for estimating a project. the amount of fee to include in the bid price - Answers Perhaps the most important item considered at the estimate review is ____. closed bid - Answers Private owners often directly invite contractors to bid on their construction projects in a system known as a(n) ____ system. addenda - Answers Significant details provided in response to questions about a bid will be incorporated into written directives that are distributed to all bidders in publications known as ____. web pages of government agencies - Answers Which of the following is a primary source of information regarding bid calls for public works? chief estimator - Answers While an experienced estimator will certainly know what to look for and assess when investigating the site, the presence of the ____ or a project superintendent on the visit will always be valuable if only to offer alternative viewpoints in the evaluation of the data. quantity takeoff - Answers A ____ is a process of measuring the work of a project in the form of a list of quantified work items measured in accordance with a uniform set of rules.

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CMT 443 CONCEPTUAL EST. EXAM QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026



True - Answers A contractor's estimating department is responsible for identifying the goals and
objectives of the department.

Pre-Solicitation Notice - Answers Agencies of the U.S. government use a standard form called
the "____" to provide bid information.

advertisements in newspapers - Answers All of the following are considered primary sources of
information for private bids EXCEPT:

prequalified - Answers A method of addressing the problem of bids from contractors of
questionable capability is to call for bids from ____ contractors only.

query list - Answers A method of handling the problem of review questions is to compile a list of
all the questions that arise, the ____, then later send a single e-mail to the prime consultant to
deal with all the items that have accumulated.

False - Answers An effective way to plan estimating operations is to use a simple line chart form
of time schedule.

True - Answers Construction groups in major cities have formed associations or plan service
centers where both public and private bodies may deposit plans and specifications of projects
calling for bids.

False - Answers General clauses that have a significant impact on the cost of the work are often
found in the "back end" of specifications in the review process.

True - Answers If an estimator does not know exactly what the computer is accomplishing in the
preparation of an estimate, the estimator will not be in control of the process.

False - Answers In a closed bid system, the number of companies invited to bid is typically
limited to no more than ten contractors who are known to the owner or designers and who
meet the qualification criteria set by the owner.

False - Answers In closed bidding, there is little restriction on who can submit a bid on the work.

True - Answers Managing the estimating process includes keeping bid records, scheduling the
estimator's time, and carefully reviewing bid documents when they are obtained.

False - Answers Many government agencies are reluctant to publish bid notices on the Internet.

a day or two - Answers Most companies hold an estimate review usually ___________ before
the bid is due to be submitted.

,True - Answers On most projects general contractors request two complete sets of bid
documents for estimating a project.

the amount of fee to include in the bid price - Answers Perhaps the most important item
considered at the estimate review is ____.

closed bid - Answers Private owners often directly invite contractors to bid on their construction
projects in a system known as a(n) ____ system.

addenda - Answers Significant details provided in response to questions about a bid will be
incorporated into written directives that are distributed to all bidders in publications known as
____.

web pages of government agencies - Answers Which of the following is a primary source of
information regarding bid calls for public works?

chief estimator - Answers While an experienced estimator will certainly know what to look for
and assess when investigating the site, the presence of the ____ or a project superintendent on
the visit will always be valuable if only to offer alternative viewpoints in the evaluation of the
data.

quantity takeoff - Answers A ____ is a process of measuring the work of a project in the form of
a list of quantified work items measured in accordance with a uniform set of rules.

False - Answers A materials takeoff generally provides sufficient information for pricing.

True - Answers An estimate begins with a quantity takeoff.

assembly - Answers A(n) ____ is a component of the work that can be considered separately
from the other parts of the work.

True - Answers A perimeter length is calculated from the figured dimensions that are provided
on the plan of the structure.

True - Answers A single centerline value can be used many times over in takeoff calculations.

< > - Answers Deductions listed with the dimensions are written in red or enclosed in ____ and
noted as deductions.

length, width, and depth - Answers Dimensions are entered onto the takeoff in this order: ____.

whole - Answers Dimensions are rounded to the nearest ____ inch.

5.83 - Answers Dimensions are written in feet to two decimal places; thus 5'10" would be
written into a dimension column as:

net in place - Answers In a quantity takeoff, measurements are made ____.

, False - Answers Quantities of work are measured "net in place" in the takeoff process; this is the
same as measuring quantities of materials.

True - Answers "Net in place" means that quantities are calculated using the dimensions shown
on the drawings with no adjustments made for waste factors and suchlike.

False - Answers The estimator should note that quantities of materials are measured in the
takeoff process.

perimeter = 2a + 2b; area = a x h - Answers The formulas for a parallelogram are ____.

recapping - Answers The process of ____ quantities onto a separate pricing sheet is adopted
because it makes the task of pricing an estimate far more efficient since all related items are
gathered in a concise manner.

width - Answers There are five basic categories of units used in estimating. These categories
include all of the following EXCEPT:

False - Answers There are four basic categories of units used in estimating: number, length, area,
and weight.

True - Answers There are two systems of measurement used in the North American
construction industry: the traditional English units and metric units.

meters - Answers When using the metric system, record dimensions in ____ rounded to two
decimal places.

True - Answers "Bank measure" amounts are obtained by using the dimensions of the holes
excavated or filled with no adjustment made to the quantities obtained for swell or compaction
of materials.

Digitizers - Answers ____ are electronic devices that enable the user to take measurements
from drawings and input the data directly into a computer program.

Square timber piles - Answers Bearing piles are classified as all of the following EXCEPT:

True - Answers Bearing piles are measured in linear feet or in linear meters.

True - Answers Before the estimator can measure the site work, he or she has to make an
assessment of excavation requirements from data in the specifications and drawings and from
information gathered on visits to the site.

grid - Answers Calculation by the "________" method requires a survey of the site showing the
elevation of the existing grade at each intersection point on the grid.

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