CM 3111 EXAM 1 COMPLETE QUESTIONS WITH 100%
VERIFIED ANSWERS
1. What is the determination of probable construction costs of any
given project called?
A) Quantity Takeoff
B) Construction Estimating
C) Project Budgeting
D) Cost Analysis
Correct Answer: B) Construction Estimating
Rationale: Construction estimating is defined as the determination of
probable construction costs of any given project. Quantity takeoff is a
component of estimating, while project budgeting and cost analysis are
related but distinct concepts.
2. In which delivery system does the contractor act as both the
designer and the general contractor?
A) Construction Manager Delivery (CM)
B) Design-Bid-Build (DBB)
C) Design-Build (DB)
D) Integrated Project Delivery (IPD)
Correct Answer: C) Design-Build (DB)
Rationale: In Design-Build delivery, the contractor acts as both the
,designer and the general contractor, providing a single point of
responsibility for the owner.
3. Which delivery system involves the contractor and key
subcontractors in the design process, providing expertise in
construction methods and costs?
A) Design-Build (DB)
B) Construction Manager Delivery (CM)
C) Design-Bid-Build (DBB)
D) Integrated Project Delivery (IPD)
Correct Answer: B) Construction Manager Delivery (CM)
Rationale: CM delivery involves the contractor and some key
subcontractors in the design process, providing expertise in construction
methods and costs, as well as managing the construction process.
4. What is a conceptual estimate?
A) An estimate based on complete contract documents
B) An estimate prepared from a completed project's costs
C) An estimate based on early project plans with limited or no drawings
D) An estimate using computer models with specific questions
Correct Answer: C) An estimate based on early project plans with
limited or no drawings
Rationale: A conceptual estimate is prepared by a contractor based on
the project's early plan when drawings are usually limited or not
available. The contractor makes assumptions about virtually every
aspect of the project.
,5. Which type of estimate requires a complete set of contract
documents?
A) Conceptual Estimate
B) Preliminary Estimate
C) Detailed Estimate
D) Square-Foot Estimate
Correct Answer: C) Detailed Estimate
Rationale: A detailed estimate requires a complete set of contract
documents and includes determination of quantities and costs of
everything required to complete the project.
6. In assembly estimating, how long can the estimate typically be
prepared in?
A) Days instead of weeks
B) Hours instead of days
C) Minutes instead of hours
D) Weeks instead of months
Correct Answer: B) Hours instead of days
Rationale: Assembly estimating allows the estimator to bid components
in groups, which can be prepared in hours instead of days, but this
estimate has many broad assumptions and is less accurate.
7. What type of estimate uses equations that express the statistical
relationship between building parameters and cost?
A) Square-Foot Estimates
, B) Model Estimating
C) Parametric Estimates
D) Project Comparison Estimates
Correct Answer: C) Parametric Estimates
Rationale: Parametric estimates use equations that express the
statistical relationship between building parameters and the cost of the
building. These equations may use log functions, ratios of parameters,
and multiplication of parameters.
8. What is the process of compiling detailed lists of all material and
equipment necessary to construct a project called?
A) Bid Preparation
B) Quantity Takeoff
C) Project Planning
D) Cost Analysis
Correct Answer: B) Quantity Takeoff
Rationale: The takeoff is the process in which detailed lists are compiled,
based on drawings and specifications, of all the material and equipment
necessary to construct a project.
9. What document invites potential contractors to bid on a project and
provides a brief summary?
A) Bid Form
B) Instructions to Bidders
C) Invitation to Bid
D) General Conditions
VERIFIED ANSWERS
1. What is the determination of probable construction costs of any
given project called?
A) Quantity Takeoff
B) Construction Estimating
C) Project Budgeting
D) Cost Analysis
Correct Answer: B) Construction Estimating
Rationale: Construction estimating is defined as the determination of
probable construction costs of any given project. Quantity takeoff is a
component of estimating, while project budgeting and cost analysis are
related but distinct concepts.
2. In which delivery system does the contractor act as both the
designer and the general contractor?
A) Construction Manager Delivery (CM)
B) Design-Bid-Build (DBB)
C) Design-Build (DB)
D) Integrated Project Delivery (IPD)
Correct Answer: C) Design-Build (DB)
Rationale: In Design-Build delivery, the contractor acts as both the
,designer and the general contractor, providing a single point of
responsibility for the owner.
3. Which delivery system involves the contractor and key
subcontractors in the design process, providing expertise in
construction methods and costs?
A) Design-Build (DB)
B) Construction Manager Delivery (CM)
C) Design-Bid-Build (DBB)
D) Integrated Project Delivery (IPD)
Correct Answer: B) Construction Manager Delivery (CM)
Rationale: CM delivery involves the contractor and some key
subcontractors in the design process, providing expertise in construction
methods and costs, as well as managing the construction process.
4. What is a conceptual estimate?
A) An estimate based on complete contract documents
B) An estimate prepared from a completed project's costs
C) An estimate based on early project plans with limited or no drawings
D) An estimate using computer models with specific questions
Correct Answer: C) An estimate based on early project plans with
limited or no drawings
Rationale: A conceptual estimate is prepared by a contractor based on
the project's early plan when drawings are usually limited or not
available. The contractor makes assumptions about virtually every
aspect of the project.
,5. Which type of estimate requires a complete set of contract
documents?
A) Conceptual Estimate
B) Preliminary Estimate
C) Detailed Estimate
D) Square-Foot Estimate
Correct Answer: C) Detailed Estimate
Rationale: A detailed estimate requires a complete set of contract
documents and includes determination of quantities and costs of
everything required to complete the project.
6. In assembly estimating, how long can the estimate typically be
prepared in?
A) Days instead of weeks
B) Hours instead of days
C) Minutes instead of hours
D) Weeks instead of months
Correct Answer: B) Hours instead of days
Rationale: Assembly estimating allows the estimator to bid components
in groups, which can be prepared in hours instead of days, but this
estimate has many broad assumptions and is less accurate.
7. What type of estimate uses equations that express the statistical
relationship between building parameters and cost?
A) Square-Foot Estimates
, B) Model Estimating
C) Parametric Estimates
D) Project Comparison Estimates
Correct Answer: C) Parametric Estimates
Rationale: Parametric estimates use equations that express the
statistical relationship between building parameters and the cost of the
building. These equations may use log functions, ratios of parameters,
and multiplication of parameters.
8. What is the process of compiling detailed lists of all material and
equipment necessary to construct a project called?
A) Bid Preparation
B) Quantity Takeoff
C) Project Planning
D) Cost Analysis
Correct Answer: B) Quantity Takeoff
Rationale: The takeoff is the process in which detailed lists are compiled,
based on drawings and specifications, of all the material and equipment
necessary to construct a project.
9. What document invites potential contractors to bid on a project and
provides a brief summary?
A) Bid Form
B) Instructions to Bidders
C) Invitation to Bid
D) General Conditions
