Home office overhead includes salaries for all of the following individuals EXCEPT the:
Question options:
estimators.
president.
project superintendent.
home office secretaries.
Question 2 points
The overall estimate summary sheet:
Question options:
contains all of the calculations required for a particular portion of the work.
summarizes all project costs into one summary sheet.
must include notes concerning the errors and omissions found on the drawings and in the specifications.
summarizes all cost information in a form that matches the bid form.
Question 3 points
The well-organized and detailed estimate:
Question options:
ensures that the project will be built with a profit.
provides the project manager with an organized and detailed roadmap to construct the project.
eliminates the need for a complete review of the bid.
, improves the probability of getting the work.
Question 4 points
Job overhead costs:
Question options:
can't be allocated to a specific job, but are related to all jobs.
are much simpler to estimate than direct costs and should be included in the bid as a percentage markup.
are a large percentage of the total cost of a construction project and must be carefully considered.
do not need to be listed separately.
Question 5 points
An estimate schedule is a bar chart or schedule that lists all the steps involved in preparing a
detailed estimate. Key procedures and elements to be scheduled include all of the following
EXCEPT:
Question options:
quantity takeoffs.
equipment requests for quotes.
indirect estimate.
secure site.
Question 6 points
Bid tabulations are used to:
Question options:
Question options:
estimators.
president.
project superintendent.
home office secretaries.
Question 2 points
The overall estimate summary sheet:
Question options:
contains all of the calculations required for a particular portion of the work.
summarizes all project costs into one summary sheet.
must include notes concerning the errors and omissions found on the drawings and in the specifications.
summarizes all cost information in a form that matches the bid form.
Question 3 points
The well-organized and detailed estimate:
Question options:
ensures that the project will be built with a profit.
provides the project manager with an organized and detailed roadmap to construct the project.
eliminates the need for a complete review of the bid.
, improves the probability of getting the work.
Question 4 points
Job overhead costs:
Question options:
can't be allocated to a specific job, but are related to all jobs.
are much simpler to estimate than direct costs and should be included in the bid as a percentage markup.
are a large percentage of the total cost of a construction project and must be carefully considered.
do not need to be listed separately.
Question 5 points
An estimate schedule is a bar chart or schedule that lists all the steps involved in preparing a
detailed estimate. Key procedures and elements to be scheduled include all of the following
EXCEPT:
Question options:
quantity takeoffs.
equipment requests for quotes.
indirect estimate.
secure site.
Question 6 points
Bid tabulations are used to:
Question options:
