1
Estimating Questions with Answers (100%
Correct Answers)
Which document describes quality of work and the quality of the materials and
the construction execution procedures? Answer: Technical Specifications
Which type of estimate is most appropriate when the contract documents are
30% to 90% complete? Answer: Semi-Detailed estimate
Roofing is typically taken off by which unit of measure? Answer: Square
During the design process, in which order are the different drawing sets
completed? Answer: Programming/Conceptual - Schematic Design (SD) -
Design Development (DD) - Construction Drawings (CD)
Using the square foot costs from the table below, how much would a 124,000
sqft college dormitory cost? Answer: 124,000 sqft * $139.81 = $17,336,440
Using the Historic Cost Indices listed in table below, how much would a bank
that costs $1,500,000 in Provo, in 2012 cost if built in 2016 in Purdue? Answer:
(1,500,000 * 46.2) / 37.4 = $1,852,941
Which estimate will give you the most level of details and be the most accurate?
Answer: Detailed Estimate
In a CM@R delivery method, it is highly recommended to wait until the
Design Professional has completed the 100% Construction Documents to hire
the Contractor and get pricing from its estimating department. This will prevent
any change orders in the future. Answer: False
The 4 steps to an estimate are (fill-in the blank):
Step 1: Break the project into manageable components
Step 2: Assign a cost to each component, including: [a] + [b] + [c]
Step 3: Summarize the component = DCC = Direct Construction Costs
, 2
Step 4: Add all "[d] Construction Costs" Answer: a. Labor
b. Material
c. Equipment
d. Indirect
How many different CSI MasterFormat divisions exit? Answer: 50
Which document issued by the Architect illustrates what is to be built at the
time of bid? Answer: Plans
How many days would it take to install 25,000 SF of slab-on-grade concrete if a
C14F crew (9 workers) can do 3,350 SF a day? Answer: 7.5 days
Which type of insurance covers workers being laid off from their job? Answer:
Unemployment
Structural Steel is typically taken off by which unit of measure? Answer: Ton
How does a construction company typically structure its accounting cost codes?
Answer: Typically organized following the CSI MasterFormat divisions, with
some adaptations by companies.
A Work Breakdown Structure (WBS) typically includes which of the following
for each work package? Answer: The budgeted cost of the work scheduled
Contingency is typically used to cover the risks that occur during a CM at risk
project. Answer: True
The "Art" of estimating is being able to account for the unknown, the unseen,
and the unexpected. Answer: True
List 3 main factors that could affect the productivity rate of a crew on a jobsite.
Answer: worker availability, expertise, training, weather
Estimating Questions with Answers (100%
Correct Answers)
Which document describes quality of work and the quality of the materials and
the construction execution procedures? Answer: Technical Specifications
Which type of estimate is most appropriate when the contract documents are
30% to 90% complete? Answer: Semi-Detailed estimate
Roofing is typically taken off by which unit of measure? Answer: Square
During the design process, in which order are the different drawing sets
completed? Answer: Programming/Conceptual - Schematic Design (SD) -
Design Development (DD) - Construction Drawings (CD)
Using the square foot costs from the table below, how much would a 124,000
sqft college dormitory cost? Answer: 124,000 sqft * $139.81 = $17,336,440
Using the Historic Cost Indices listed in table below, how much would a bank
that costs $1,500,000 in Provo, in 2012 cost if built in 2016 in Purdue? Answer:
(1,500,000 * 46.2) / 37.4 = $1,852,941
Which estimate will give you the most level of details and be the most accurate?
Answer: Detailed Estimate
In a CM@R delivery method, it is highly recommended to wait until the
Design Professional has completed the 100% Construction Documents to hire
the Contractor and get pricing from its estimating department. This will prevent
any change orders in the future. Answer: False
The 4 steps to an estimate are (fill-in the blank):
Step 1: Break the project into manageable components
Step 2: Assign a cost to each component, including: [a] + [b] + [c]
Step 3: Summarize the component = DCC = Direct Construction Costs
, 2
Step 4: Add all "[d] Construction Costs" Answer: a. Labor
b. Material
c. Equipment
d. Indirect
How many different CSI MasterFormat divisions exit? Answer: 50
Which document issued by the Architect illustrates what is to be built at the
time of bid? Answer: Plans
How many days would it take to install 25,000 SF of slab-on-grade concrete if a
C14F crew (9 workers) can do 3,350 SF a day? Answer: 7.5 days
Which type of insurance covers workers being laid off from their job? Answer:
Unemployment
Structural Steel is typically taken off by which unit of measure? Answer: Ton
How does a construction company typically structure its accounting cost codes?
Answer: Typically organized following the CSI MasterFormat divisions, with
some adaptations by companies.
A Work Breakdown Structure (WBS) typically includes which of the following
for each work package? Answer: The budgeted cost of the work scheduled
Contingency is typically used to cover the risks that occur during a CM at risk
project. Answer: True
The "Art" of estimating is being able to account for the unknown, the unseen,
and the unexpected. Answer: True
List 3 main factors that could affect the productivity rate of a crew on a jobsite.
Answer: worker availability, expertise, training, weather
