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. The most reliable productivity rates come from historical data






2. What are some of the costs that must be included in equipment operating costs?






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






4. Why do many contractors hesitate to bid just before the expiration of a union contract?






5. What does the labor hour represent?






6. 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






7. What are the benefits of renting equipment?






8. Name three common methods of procuring equipment.






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






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






11. The most reliable productivity rates come from historical data






12. What is the maintenance bond?






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






14. A sum withheld from each payment to the contractor in accordance with the terms of the owner-contractor agreement.






15. What is estimating in construction?






16. What is the payment bond?






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






18. Order of Magnitude Estimate...






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






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






21. What is depreciation?






22. stimating labor requires determining the number of work hours to do a specific task and then applying the wage rate.






23. What are the benefits of renting equipment?






24. 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






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






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






27. Explain firm price contracting estimates.






28. Five basic skills everyone should master

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


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






30. Drawings made during the progress of construction - or subsequent thereto - illustrating how various elements of the project were actually installed.






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






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






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






34. A bathroom sink






35. Construction estimating is more an art than a science






36. A sum withheld from each payment to the contractor in accordance with the terms of the owner-contractor agreement.






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






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






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

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


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






41. Five basic skills everyone should master

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


42. A list prepared by the architect or engineer of the contractor's uncompleted work or work to be corrected.






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






44. Why do many contractors hesitate to bid just before the expiration of a union contract?






45. A list prepared by the architect or engineer of the contractor's uncompleted work or work to be corrected.






46. How are the various surety bonds that may be required on a specific project obtained?






47. What is the payment bond?






48. stimating labor requires determining the number of work hours to do a specific task and then applying the wage rate.






49. A bathroom sink






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







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:



Major Subjects



Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Most popular tests