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. Describe the CSI MasterFormat and how it is used.






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






3. Operation costs include...






4. Name 10 step process to bid

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5. What types of information are provided in the Invitation to Bid?






6. Explain firm price contracting estimates.






7. Under what conditions are wage premiums applied






8. What is the best source for productivity data?

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9. What is retainage? Why should a contractor be concerned with a retainage clause in a contract?






10. Closely spaced beams supporting a floor or ceiling.They may be wood - steel - or concrete.






11. Describe the composition of the Building Cost Index (BCI).






12. Where would information be found on whether a bid bond was required and - if so - its amount?






13. An agreed-to sum chargeable against the contractor as reimbursement for damages suffered by the owner because of contractor's failure to fulfill contractual obligations






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






16. What is estimating in construction?






17. The substructure that supports a building or other structure.






18. What is depreciation?






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






20. Working drawings - specifications - general conditions - supplementary general conditions - the owner-contractor agreement - and all addenda (if issued).






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






22. What is the payment bond?






23. Assemblies Estimate...






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






25. What are the benefits of renting equipment?






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






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






29. What is retainage? Why should a contractor be concerned with a retainage clause in a contract?






30. Under what conditions are wage premiums applied






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






32. Name the types of Estimates






33. What are the difficulties encountered by the estimator during the preparation of a project's conceptual estimate?






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






35. Describe the composition of the Building Cost Index (BCI).






36. What are the benefits of renting equipment?






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






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






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






40. How does insurance differ from a surety bond?






41. A bathroom sink






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






43. Five basic skills everyone should master

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






45. 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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46. How do climatic conditions influence the amount of work actually completed in an hour?






47. 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






48. Closely spaced beams supporting a floor or ceiling.They may be wood - steel - or concrete.






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






50. What are the difficulties encountered by the estimator during the preparation of a project's conceptual estimate?