Posted: May 19th, 2024

CONST-105 QUIZZES: CONST-105 – Construction Estimating Principles

CONST-105 QUIZZES

09) M01- [Homework] Chapter 01 (pages 17-19)

Learning Goal/Purpose

In this assignment, you will answer to 19 questions related to the content of Chapter 01 – Estimating Practices of your textbook (pages 1-16). Those questions are the same questions contained on Review Questions (pages 17 – 19). This assignment is designed to help you to understand better the main concepts of the Chapter 01 and to make it easier for you to retain those concepts.

This assignment applies the relevant learning goals:

• Compare interim estimates and final estimates.
• Describe types of interim estimates
• Describe types of final estimates
• Describe the three factors considered prior to starting the estimating and bidding process.
• Identify pre-bid meeting participants.
• Describe a bid proposal. 
• Explain how to apply accuracy, comprehensiveness, consistency, and timeliness when preparing and estimate.
• Identify project location variables that impact an estimate. 
• Describe value engineering.
• Explain why labor is one of the highest risk variables in preparing an estimate.
• Explain how project scheduling affects an estimate.
• Identify sources for building standards and specification reference materials.
• Describe the types of cost information available to estimators through printed and digital references.

Example

In this assignment you will find different types of questions such as fill-in the blanks, matching, and essay questions, for example. 

Step-by-Step Instructions

1. Read the textbook Chapter 01 – Estimating Practices (pages 013 – 16).
2. Answer the questions of this assignment based on your reading.
3. Make sure you answer all questions before you submit the assignment.
4. You have the right to submit this assignment unlimited times in case you want to re-take it and get 100% of your answers right.
5. Please pay attention to the due date! This assignment is due on 02/12/24 by 11:59 PM. 
6. The latest you can submit this assignment is 02/19/24 by 11:59 PM. 

Question 1

1 / 1 pts

1. _______ is the computation of construction costs of a project.

Correct Answers

Estimating

Question 2

1 / 1 pts

2. A(n) _______ is a change to the originally issued construction contract documents.

Correct Answers

addendum

Question 3

1 / 1 pts

3. A (n) _______ is an offer to perform construction work at a stated price.

Correct Answers

Bid

Question 4

1 / 1 pts

4. A(n) _______ is a conference in which all interested parties in a construction project review the project, ask questions of the architect or owner concerning method for accomplishing the work, and share information necessary to understand the entire scope of the work.

Correct Answers

pre-bid meeting

Question 5

1 / 1 pts

5. _______ is any business expense that is not chargeable to a particular part of a construction project.

Correct Answers

Overhead

Question 6

1 / 1 pts

6. A cost _______ is a compilation of a number of cost items from various sources in a common reference table.

Correct Answers

Index

Question 7

1 / 1 pts

7. An estimating _______ is the system used to integrate all parts of the estimating process in a cohesive, consistent, and reliable manner to ensure an accurate final bid.

Correct Answers

Practice

Question 8

1 / 1 pts

8. _______ is the practice of reviewing construction contract documents to determine quantities of materials that are included in a bid.

Correct Answers

Quantity takeoff

Question 9

1 / 1 pts

9. _______ is a process in which construction personnel employed by the firm developing the bid, such as project managers, estimators, and engineers, are allowed to recommend changes to the construction contract documents.

Correct Answers

Value engineering

Question 10

1 / 1 pts

10. _______ estimating is an estimating practice in which material quantities, equipment, and labor costs are included in a single calculation based on a specific quantity of construction put in place.

Correct Answers

Crew-based

Question 11

1 / 1 pts

U.S. Government Agencies

Correct!

1. Occupational Safety and Health Administration (OSHA): B. Requires employers to provide a safe environment for their employees             

Correct!

2. Environmental Protection Agency (EPA): A. Controls and reduces pollution of air, water, solid waste, pesticides, radiation, and toxic substances             

Correct!

3 . Office of Federal Contract Compliance Programs (OFCCP): C. Promotes affirmative action and equal employment opportunity on behalf of minorities, women, the physically challenged, and veterans 

Unanswered

Question 12

0 / 1 pts

12. Identify the four levels of estimating for interim estimates and briefly define each level.

Question 13

1 / 1 pts

13. Contrast detail takeoff estimating and crew-based estimating.

Question 14

1 / 1 pts

14. Describe the purpose of a pre-bid meeting and list the people who are typically involved in the meeting.

Question 15

1 / 1 pts

15. Identify four variables that may be introduced into the estimating process due to a project location.

Question 16

1 / 1 pts

16. Define “value engineering” and how it may impact a building design and estimate.

Question 17

1 / 1 pts

17. Cite one advantage of using web-based reference material over printed reference material.

Question 18

1 / 1 pts

18. Describe overhead expenses and explain how each project contributes to covering those costs.

Question 19

1 / 2 pts

19. Describe mobilization and how it impacts the project.