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CM 3111 Exam 1 Questions and Correct
Answers/ Latest Update / Already Graded
Building Construction Estimating
Ans: The determination of probable construction costs of any
given project.
Design-Build Delivery (DB)
Ans: In this delivery system, the contractor acts as both the
designer and the general contractor.
Construction Manager Delivery (CM)
Ans: In this delivery system, the contractor and some of the
key subcontractors are involved in the design process, providing
expertise in construction methods and costs, as well as
managing the construction process.
Integrated Project Delivery (IPD)
Ans: In this delivery system, a relatively new delivery system,
involving the owners, designers, contractor and some of the key
subcontractors in the design process. Owners, Designers,
Contractor and Key Subcontractors all share governance, risk,
contingency, and the profit on the project.
All rights reserved © 2025/ 2026 |
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Conceptual Estimate
Ans: An estimate prepared by a contractor based on the
project's early plan. Usually drawings are limited or not
available for this type of estimate. The contractor makes
assumptions about virtually every aspect of the project. This
estimate is used early in the design process to check if the
owner can actually afford the project.
Preliminary Estimate
Ans: An estimate that is prepared and maintained by the
contractor during the design process based on the current, but
incomplete design.
Detailed Estimate
Ans: An estimate that includes determination of quantities and
costs of everything that is required to complete the project.
(labor, materials, equipment, insurance, bonds, overhead, and
an estimate of the profit) The contractor must have a complete
set of contract documents for this type of estimate.
Assembly Estimating
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Ans: In this type of estimating the estimator bids the
components in groups. This type of estimate can be prepared in
hours instead of days, but this estimate has many broad
assumptions and is less accurate.
Square-Foot Estimates
Ans: Estimates that are prepared by multiplying the square
footage of a building by a cost per square foot a nd then
adjusting the price to compensate for differences in the
building heights, length of the building perimeter, and other
building components. This type of estimate is helpful to check
whether the project, as designed, is within the owner's budget.
Design Drawings
Ans: A single-line floor plan and key elevations.
Parametric Estimates
Ans: These estimates use equations that express the statistical
relationship between building parameters and the cost of the
building. The equations used in these estimates are very
complex and may use log functions, ratios of parameter, and
multiplication of parameters.
All rights reserved © 2025/ 2026 |
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Model Estimating
Ans: This type of estimating uses computer models to prepare
an estimate based on a number of questions answered by the
estimator. The model makes many assumptions about the
design of the project that it is working on and avoids the site
and excavation cost.
Project Comparison Estimates
Ans: These estimates are prepared by comparing the cost of a
proposed project to a completed project. The estimator starts
with the costs of a comparable project and then makes
adjustments for differences in the project.
Estimator
Ans: Often involved solely with the estimating of quantities of
materials and the pricing of the project.
Design-Bid-Build (DBB)
Ans: For these kinds of projects, the General Contractor makes
detailed estimates that are used to determine what the
company will charge to do the work.
All rights reserved © 2025/ 2026 |
CM 3111 Exam 1 Questions and Correct
Answers/ Latest Update / Already Graded
Building Construction Estimating
Ans: The determination of probable construction costs of any
given project.
Design-Build Delivery (DB)
Ans: In this delivery system, the contractor acts as both the
designer and the general contractor.
Construction Manager Delivery (CM)
Ans: In this delivery system, the contractor and some of the
key subcontractors are involved in the design process, providing
expertise in construction methods and costs, as well as
managing the construction process.
Integrated Project Delivery (IPD)
Ans: In this delivery system, a relatively new delivery system,
involving the owners, designers, contractor and some of the key
subcontractors in the design process. Owners, Designers,
Contractor and Key Subcontractors all share governance, risk,
contingency, and the profit on the project.
All rights reserved © 2025/ 2026 |
, Page |2
Conceptual Estimate
Ans: An estimate prepared by a contractor based on the
project's early plan. Usually drawings are limited or not
available for this type of estimate. The contractor makes
assumptions about virtually every aspect of the project. This
estimate is used early in the design process to check if the
owner can actually afford the project.
Preliminary Estimate
Ans: An estimate that is prepared and maintained by the
contractor during the design process based on the current, but
incomplete design.
Detailed Estimate
Ans: An estimate that includes determination of quantities and
costs of everything that is required to complete the project.
(labor, materials, equipment, insurance, bonds, overhead, and
an estimate of the profit) The contractor must have a complete
set of contract documents for this type of estimate.
Assembly Estimating
All rights reserved © 2025/ 2026 |
, Page |3
Ans: In this type of estimating the estimator bids the
components in groups. This type of estimate can be prepared in
hours instead of days, but this estimate has many broad
assumptions and is less accurate.
Square-Foot Estimates
Ans: Estimates that are prepared by multiplying the square
footage of a building by a cost per square foot a nd then
adjusting the price to compensate for differences in the
building heights, length of the building perimeter, and other
building components. This type of estimate is helpful to check
whether the project, as designed, is within the owner's budget.
Design Drawings
Ans: A single-line floor plan and key elevations.
Parametric Estimates
Ans: These estimates use equations that express the statistical
relationship between building parameters and the cost of the
building. The equations used in these estimates are very
complex and may use log functions, ratios of parameter, and
multiplication of parameters.
All rights reserved © 2025/ 2026 |
, Page |4
Model Estimating
Ans: This type of estimating uses computer models to prepare
an estimate based on a number of questions answered by the
estimator. The model makes many assumptions about the
design of the project that it is working on and avoids the site
and excavation cost.
Project Comparison Estimates
Ans: These estimates are prepared by comparing the cost of a
proposed project to a completed project. The estimator starts
with the costs of a comparable project and then makes
adjustments for differences in the project.
Estimator
Ans: Often involved solely with the estimating of quantities of
materials and the pricing of the project.
Design-Bid-Build (DBB)
Ans: For these kinds of projects, the General Contractor makes
detailed estimates that are used to determine what the
company will charge to do the work.
All rights reserved © 2025/ 2026 |
