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EXAC SECTION 4 - (Latest Update 2026 / 2027) Questions & Answers 100% Correct - (Grade A)

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EXAC SECTION 4 - (Latest Update 2026 / 2027) Questions & Answers 100% Correct - (Grade A)

Institution
Exac
Course
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EXAC SECTION 4 - (Latest Update 2026 /
2027) Questions & Answers 100% Correct -
(Grade A)

How much liability insurance is an architect required to have? - correct answer

Depends on the province, In Alberta there is no requirement.


What resources are available to an architect to produce a project cost estimate? -
correct answer Quantity Surveyors

Construction Managers
Construction Price Index

Publications - from gov, companies, interest groups
CHOP 2.3.3



What are the Economic and Political factors that can influence construction costs? -
correct answer • Inflation

• Market conditions
• Interest rates

• Flux in supply and demand
CHOP 2.3.3


What are the Environmental factors that can influence construction costs? - correct

answer • Site characteristic
• Weather
• Location

,CHOP 2.3.3


What are the Owner/Client characteristics that can influence construction costs? -

correct answer design requiring high standards of quality or
rigorous quality control procedures

(especially long life cycle, redundancies in
spaces);

complex bidding procedures;
insurance requirements above the norm;

extensive bonding requirements;
poorly written, sometimes inequitable,

non-standard contract wording;
long delays in issuing payments to contractors.

CHOP 2.3.3


What are the 4 methods of construction cost estimation? - correct answer Elemental
Area (Cost per m2/per ft2)

Volume (Cost per m3)
Unit Use - (Cost per bed, cost per seat, etc.)


What does a progressive releasing of hold backs mean? - correct answer It means

that certain subcontractor hold backs may be released in advance of substantial
performance, certifying them as complete.


List 5 examples of additional services not listed as basic under RAIC Doc 6 - correct

answer 1. financial feasibility studies,
2. business cases

, 3. preparing functional programs

4. submissions to authorities
5. life cycle cost studies.

CHOP 2.1.10


What Buildings Require the services of an Architect - correct answer (a) a building, 3
storeys or less in height, for assembly

occupancy or institutional occupancy that,
(i) in the case of a single storey building, has a gross area of

300 square metres or less,
(ii) in the case of a 2 storey building, has a gross area of 150

square metres or less on each floor, or
(iii) in the case of a 3 storey building, has a gross area of 100

square metres or less on each floor;
(b) a building for residential occupancy that

(i) is a single family dwelling, or
(ii) is a multiple family dwelling containing 4 dwelling units

or less;
(c) a building, 3 storeys or less in height, for residential

occupancy as a hotel, motel or similar use that,
(i) in the case of a single storey building, has a gross area of

400 square metres or less,
(ii) in the case of a 2 storey building, has a gross area of 200

square metres or less on each floor, or
(iii) in the case of a 3 storey building, has a gross area of 130

square metres or less on each floor;
(d) a building, 3 storeys or less in height, for warehouse,

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