Construction Estimating
Exam 1 Quiz Questions
Test Bank
Page 1 of 9Guidehttps://www.stuvia.com/dashboard!@_)#*)(@$)($@*($@)($@*_Page 1 Construction Estimating Exam 1 Quiz Questions Test Bank.pdf
, construction estimating exam 1_ quiz questions 2 of 9 2026-03-23
The amount of information that a project manager true
must consider increases as a project moves toward
completion
Dams, bridges, and highways are classified as false
commercial building projects
Site selection and financing are the responsibility of owner
which project team member?
A fair cost estimate is important for which of the It identifies the fair cost of the work being contracted for
following reasons? It serves as an opportunity for the owner, designer, and construction
manager to familiarize themselves with the project.
It can be used for projecting owner cash flow
A bid bond guarantees that if an owner accepts a true
contractor's bid, the contractor will enter into a
contract in accordance with the contract terms.
Page 2 of 9 Page 2 construction estimating exam 1_ quiz questions.pdf