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






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






3. What is the bid bond and how does it protect the owner?






4. Proposal prepared by prospective contractor specifying the charges to be made for doing the work in accordance with the contract documents.






5. What is depreciation?






6. What is the best source for productivity data?

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






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






9. Five basic skills everyone should master

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10. A bathroom sink






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






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






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






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






16. Under what conditions are wage premiums applied






17. What is the performance bond?






18. Assemblies Estimate...






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






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






21. 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.






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






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






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






25. What does the labor hour represent?






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






27. What is the maintenance bond?






28. Describe the CSI MasterFormat and how it is used.






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






30. 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






31. 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






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






33. What is depreciation?






34. Operation costs include...






35. Describe the composition of the Construction Cost Index (CCI).






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






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






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






39. 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






40. What are the advantages to a small contractor of renting equipment instead of owning?






41. 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.






42. Name the types of Estimates






43. Name the types of Estimates






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






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






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






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






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






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






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