Test your basic knowledge |

Construction Estimating

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Closely spaced beams supporting a floor or ceiling.They may be wood - steel - or concrete.






2. Statements or drawings that modify the basic contract documents after the latter have been issued to the bidders - but prior to the taking of bids.






3. What is estimating in construction?






4. Describe and provide examples of specific use equipment and general use equipment.






5. What are some of the factors a contractor considers when making a decision to bid?






6. A surety bond guaranteeing that a bidder will sign a contract - if offered - in accordance with their proposal.






7. A document stating the procedures to be followed by bidders.






8. What is depreciation?






9. Describe and provide examples of specific use equipment and general use equipment.






10. What is depreciation?






11. Order of Magnitude Estimate...






12. On certain projects the owner may accept proposals only from contractors who are invited to bid.






13. What is estimating in construction?






14. Statements or drawings that modify the basic contract documents after the latter have been issued to the bidders - but prior to the taking of bids.






15. What are the benefits of renting equipment?






16. What is the best source for productivity data?

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17. Legal claims against an owner for amounts due those engaged in or supplying materials for the construction of the building.






18. Why is it a good idea for the general contractor to perform quantity surveys on work that is to be subcontracted out?

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19. The equipment used on construction projects can be divided into three categories: Owned - leased - and rented.






20. Legal claims against an owner for amounts due those engaged in or supplying materials for the construction of the building.






21. Operation costs include...






22. The assembly of components to form the completed portion of a job.






23. The location where material can be stored in relationship to the construction project affects productivity.






24. Name three common methods of procuring equipment.






25. On certain projects the owner may accept proposals only from contractors who are invited to bid.






26. Explain why using overtime is not recommended for most construction projects.






27. What is the performance bond?






28. The most reliable productivity rates come from historical data






29. The information provided in the General Conditions and Supplementary General Conditions does not influence the project cost.






30. Explain why using overtime is not recommended for most construction projects.






31. Where the project will be constructed does not have a major influence in the preparation of an estimate.






32. What unit of time is used to measure labor?






33. What are the two most common methods by which a contractor can acquire a construction contract?






34. Five basic skills everyone should master

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35. Describe factors affecting the accuracy of detail cost estimating.






36. Assemblies Estimate...






37. Under what conditions are wage premiums applied






38. Name two systems that establish standards for the building design/construction estimating process.






39. List the factors affecting labor productivity






40. The location where material can be stored in relationship to the construction project affects productivity.






41. What does the labor hour represent?






42. What are the two most common methods by which a contractor can acquire a construction contract?






43. A work order - usually prepared by the architect and signed by the owner or the owner's agent - authorizing a change in the scope of the work and a change in the cost of the project.






44. Name the types of Estimates






45. What are the benefits of renting equipment?






46. A good database of past project experiences is essential to preparing a quick and accurate estimate.






47. What is the performance bond?






48. A common error made by GCs in their dealings with subcontractors is to hand them a single technical specifications section relating to their trade - without copies of either the General Requirements or the General and Supplementary General Conditions






49. Construction estimating is more an art than a science






50. The assembly of components to form the completed portion of a job.