Cost Estimation Final Level 1 Exam
Questions and Answers
List 3 grades of wood. - CORRECT ANSWER✅✅✅Dim, LVL, GLB
How is rebar counted in a material takeoff? - CORRECT ANSWER✅✅✅Lineal feet
If specifications are unclear a estimator may use what to clarify their responsibilities?
A.Review historic data from another firm
B.Review RSMeans Building Construction Cost Data
C.Check the specifications again
D.Cry - CORRECT ANSWER✅✅✅B (Review RSMeans Building Construction Cost Data)
True or False: When completing takeoffs on-screen, different quantities should be color coded by
item. - CORRECT ANSWER✅✅✅True
What is Deplugging?
A.Replacing plug rates
B.Subcontractor pricing replaces the placeholder in the bid
C.Material pricing replaces the placeholder in the bid
D.All of the above - CORRECT ANSWER✅✅✅D (All of the above)
How are doors & windows typically measured? - CORRECT ANSWER✅✅✅Each
While doing quantity takeoffs for doors/windows, what drawing set will you focus on? -
CORRECT ANSWER✅✅✅Architectural
,True/false: all doors on a project will always be located on the door schedule. - CORRECT
ANSWER✅✅✅False
What is a key to being a successful concrete estimator?
A) Read, Read, Read, Read
B) Site Visits
C) Be Meticulous
D) All The Above - CORRECT ANSWER✅✅✅D (All of the above)
(T/F) Crews used during construction always align with the pre-built crews found in an
estimating software. - CORRECT ANSWER✅✅✅False
(T/F) Difficult and unusual formwork can greatly reduce the productivity of concrete crews. -
CORRECT ANSWER✅✅✅True
WHAT DRAWINGS SHOULD YOU FOCUS ON? - CORRECT ANSWER✅✅✅ALL
(CIVIL, STRUCTURAL, ARCHITECTUAL, CONSTRUCTION, SPECS, ETC.)
HOW IS REBAR INCLUDED INTO THE ESTIMATE? - CORRECT
ANSWER✅✅✅SUBCONTRACTED OR GENERAL CONTRACTOR PAYS FOR IT
HOW IS THE MASONRY MEASURED? - CORRECT ANSWER✅✅✅SQUARE FEET
How does the estimator account for cost of testing in Division 33 Utilities? - CORRECT
ANSWER✅✅✅Incidental Work
Generally, what should the estimator double check on the plans? - CORRECT
ANSWER✅✅✅Drawing scale is correct
, For Division 2 Utilities, how are pipes categorized for takeoffs and what is the unit of
measurement? - CORRECT ANSWER✅✅✅By size, type, and depth in linear feet.
How many oil & gas companies adopt the MasterFormat organization structure? - CORRECT
ANSWER✅✅✅0 (zero)
T/F In bidding linear natural gas pipeline work, the schedule is built first, followed by the cost
estimate? - CORRECT ANSWER✅✅✅True
_____________ define costs, ________________ define strategies/opportunities/risk -
CORRECT ANSWER✅✅✅Estimators, Executives
Name Five items that could be included in an Electrical quantity takeoff. - CORRECT
ANSWER✅✅✅(Conduit, lightbulbs, wire, switch assemblies, audio/visual equipment,
circuits, fire alarms, sensory lighting)
Describe two ways which an electrical company finds out about potential jobs. - CORRECT
ANSWER✅✅✅In house marketing, Trade shows, Smart bid Program (contractor emails)
Explain the pricing procedure for labor, materials and equipment for an electrical company. -
CORRECT ANSWER✅✅✅Labor: blended price based on electrician experience (full
electrician, apprentice) usually priced per hour.
Equipment: blended price. Most electricians carry their own equipment which is small. There is
usually no large equipment to be rented. Blended with Equipment, charged per hour.
Materials: based on supply houses and vendors, most prices don't change but specialty items
should be checked. These items are priced per each, linear foot or area.
Rough and Finish carpentry are two subdivisions of Division 6 Wood and Plastics (True or
False) - CORRECT ANSWER✅✅✅True
Deductions not be made for reinforcement and voids less than...
a. 1 cubic foot
Questions and Answers
List 3 grades of wood. - CORRECT ANSWER✅✅✅Dim, LVL, GLB
How is rebar counted in a material takeoff? - CORRECT ANSWER✅✅✅Lineal feet
If specifications are unclear a estimator may use what to clarify their responsibilities?
A.Review historic data from another firm
B.Review RSMeans Building Construction Cost Data
C.Check the specifications again
D.Cry - CORRECT ANSWER✅✅✅B (Review RSMeans Building Construction Cost Data)
True or False: When completing takeoffs on-screen, different quantities should be color coded by
item. - CORRECT ANSWER✅✅✅True
What is Deplugging?
A.Replacing plug rates
B.Subcontractor pricing replaces the placeholder in the bid
C.Material pricing replaces the placeholder in the bid
D.All of the above - CORRECT ANSWER✅✅✅D (All of the above)
How are doors & windows typically measured? - CORRECT ANSWER✅✅✅Each
While doing quantity takeoffs for doors/windows, what drawing set will you focus on? -
CORRECT ANSWER✅✅✅Architectural
,True/false: all doors on a project will always be located on the door schedule. - CORRECT
ANSWER✅✅✅False
What is a key to being a successful concrete estimator?
A) Read, Read, Read, Read
B) Site Visits
C) Be Meticulous
D) All The Above - CORRECT ANSWER✅✅✅D (All of the above)
(T/F) Crews used during construction always align with the pre-built crews found in an
estimating software. - CORRECT ANSWER✅✅✅False
(T/F) Difficult and unusual formwork can greatly reduce the productivity of concrete crews. -
CORRECT ANSWER✅✅✅True
WHAT DRAWINGS SHOULD YOU FOCUS ON? - CORRECT ANSWER✅✅✅ALL
(CIVIL, STRUCTURAL, ARCHITECTUAL, CONSTRUCTION, SPECS, ETC.)
HOW IS REBAR INCLUDED INTO THE ESTIMATE? - CORRECT
ANSWER✅✅✅SUBCONTRACTED OR GENERAL CONTRACTOR PAYS FOR IT
HOW IS THE MASONRY MEASURED? - CORRECT ANSWER✅✅✅SQUARE FEET
How does the estimator account for cost of testing in Division 33 Utilities? - CORRECT
ANSWER✅✅✅Incidental Work
Generally, what should the estimator double check on the plans? - CORRECT
ANSWER✅✅✅Drawing scale is correct
, For Division 2 Utilities, how are pipes categorized for takeoffs and what is the unit of
measurement? - CORRECT ANSWER✅✅✅By size, type, and depth in linear feet.
How many oil & gas companies adopt the MasterFormat organization structure? - CORRECT
ANSWER✅✅✅0 (zero)
T/F In bidding linear natural gas pipeline work, the schedule is built first, followed by the cost
estimate? - CORRECT ANSWER✅✅✅True
_____________ define costs, ________________ define strategies/opportunities/risk -
CORRECT ANSWER✅✅✅Estimators, Executives
Name Five items that could be included in an Electrical quantity takeoff. - CORRECT
ANSWER✅✅✅(Conduit, lightbulbs, wire, switch assemblies, audio/visual equipment,
circuits, fire alarms, sensory lighting)
Describe two ways which an electrical company finds out about potential jobs. - CORRECT
ANSWER✅✅✅In house marketing, Trade shows, Smart bid Program (contractor emails)
Explain the pricing procedure for labor, materials and equipment for an electrical company. -
CORRECT ANSWER✅✅✅Labor: blended price based on electrician experience (full
electrician, apprentice) usually priced per hour.
Equipment: blended price. Most electricians carry their own equipment which is small. There is
usually no large equipment to be rented. Blended with Equipment, charged per hour.
Materials: based on supply houses and vendors, most prices don't change but specialty items
should be checked. These items are priced per each, linear foot or area.
Rough and Finish carpentry are two subdivisions of Division 6 Wood and Plastics (True or
False) - CORRECT ANSWER✅✅✅True
Deductions not be made for reinforcement and voids less than...
a. 1 cubic foot
