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Construction Cost Estimation Quiz
Test your knowledge on construction cost estimation with our engaging quiz! This quiz covers various methodologies and terminologies related to project costing in the construction industry.
- 10 carefully crafted multiple-choice questions
- Enhance your understanding of estimation techniques
- Perfect for students and professionals alike
Basis for estimating the cost of a larger scope of work.
Quantity survey
Estimation survey
Bill of materials
Cost estimation
Uses structures of similar size to compare cost
Bill of materials
Quantity survey
Screening estimates
Bid estimates
Permit requirement which lists raw materials and components to construct a project
Design estimates
Bill of materials
Quantity survey
Cost estimation
Establishes the base line of the project cost at different stages of development of the project.
Cost estimation
Quantity survey
Design estimates
Bid estimates
Submitted for negotiation or competitive bidding
Cost estimation
Quantity survey
Design estimates
Bid estimates
An assumption based on area, volume or bulk
Conceptual estimates
Screening estimates
Detailed estimates
Bid estimates
Design estimates runs parallel with the design and planning
True
False
Derived from a combination of subcontractor quotations, quantity takeoffs and construction procedures
Conceptual estimates
Screening estimates
Detailed estimates
Bid estimates
Fine detail of quantities as plans and specifications is broken down into components
Conceptual estimates
Screening estimates
Detailed estimates
Bid estimates
Control estimates are in used monitoring the project after construction
True
False
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