Ashworth College B06V Lesson 2 Exam Chap 4-8
Question 1 points
Bid tabulations are used to:
Question options:
summarize all of the bids that were submitted to the owner after the bid is opened and
read.
work up material and labor costs to be included in the bid.
total each work item to be included in the summary sheet.
compare and equalize the scope between subcontractors so that the best
subcontractor's bid can be included in the prime contractor's bid.
Question
points
2
Select the best description of contingencies.
Question options:
Contingencies are additional amounts added to an estimate to account for items that
are left out or not foreseen when the estimates are prepared.
Contingencies are costs to provide for insurance costs on the project.
Contingencies are only needed in very large contracts.
Contingencies are only needed if you did not get your takeoff work completed. This
will help to compensate any omissions that may have occurred.
Question
points
3
Which of the following is NOT true concerning the estimator's notebook?
Question options:
It should be broken down into several areas, including work-up sheets and summary
sheets.
It should be neat and easy to read and understand.
It should contain maps to the job site.
It should be organized so that it can be used to purchase materials when construction
starts.
Question
points
4
What is the total labor cost for the following problem? Assume the following: the takeoff quantity
is 1,000 square feet of brick work, a crew of 3 masons and 2 helpers are required, a production
rate of .15 man hours per square foot, a productivity factor of 1.1 for a more difficult than normal
work, a base labor rate for a mason of $15 per hour and $8 per hour for a helper, and a labor
burden of 25% for payroll taxes, insurance, and benefits. Your text gives the basic steps that
must be used to account for all labor costs.
Question options:
$3,571.67
$2, 012.75
$2,013.00
$2,516.25
Question
points
5
Developing a project schedule to establish the project duration is:
Question options:
, a major underlying determinant of indirect costs associated with how long it will take
to complete the project.
only accomplished with the use of computer software programs such as Microsoft
Project, Suretrak, and Primavera Project Planner.
expensive and time consuming and therefore should be avoided.
the domain of the estimator, and there is no advantage to involving individuals who
are actually going to perform the work because they will establish their own
schedules.
Question
points
6
When deciding what equipment to use on a project and the cost, the estimator should:
Question options:
use only owned equipment where the historical cost has been established.
assume that all equipment is to be purchased new at the beginning of the project and
sold at the end, and the difference is the cost to be added to the estimate.
use rental equipment to avoid having to include ownership costs in the estimate.
select the best equipment that will earn the most money for the contractor.
Question
points
7
BIM stands for Building Information Modeling and is changing the way drawings are prepared
for construction projects, and may change the way construction projects are estimated. The
model:
Question options:
takes into account waste inherent in the design.
does not address the means and methods used to construct the building.
is parametric; therefore, it cannot contain information about each of the building
components.
is not a three dimensional model of the project.
Question
points
8
A site investigation is important for all of the following reasons EXCEPT:
Question options:
it is always required by the contract documents.
conditions vary significantly depending upon the type and location of the project.
site access and the availability of utilities can be checked.
subsurface soil conditions can be verified.
Question
points
9
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 1 points
Bid tabulations are used to:
Question options:
summarize all of the bids that were submitted to the owner after the bid is opened and
read.
work up material and labor costs to be included in the bid.
total each work item to be included in the summary sheet.
compare and equalize the scope between subcontractors so that the best
subcontractor's bid can be included in the prime contractor's bid.
Question
points
2
Select the best description of contingencies.
Question options:
Contingencies are additional amounts added to an estimate to account for items that
are left out or not foreseen when the estimates are prepared.
Contingencies are costs to provide for insurance costs on the project.
Contingencies are only needed in very large contracts.
Contingencies are only needed if you did not get your takeoff work completed. This
will help to compensate any omissions that may have occurred.
Question
points
3
Which of the following is NOT true concerning the estimator's notebook?
Question options:
It should be broken down into several areas, including work-up sheets and summary
sheets.
It should be neat and easy to read and understand.
It should contain maps to the job site.
It should be organized so that it can be used to purchase materials when construction
starts.
Question
points
4
What is the total labor cost for the following problem? Assume the following: the takeoff quantity
is 1,000 square feet of brick work, a crew of 3 masons and 2 helpers are required, a production
rate of .15 man hours per square foot, a productivity factor of 1.1 for a more difficult than normal
work, a base labor rate for a mason of $15 per hour and $8 per hour for a helper, and a labor
burden of 25% for payroll taxes, insurance, and benefits. Your text gives the basic steps that
must be used to account for all labor costs.
Question options:
$3,571.67
$2, 012.75
$2,013.00
$2,516.25
Question
points
5
Developing a project schedule to establish the project duration is:
Question options:
, a major underlying determinant of indirect costs associated with how long it will take
to complete the project.
only accomplished with the use of computer software programs such as Microsoft
Project, Suretrak, and Primavera Project Planner.
expensive and time consuming and therefore should be avoided.
the domain of the estimator, and there is no advantage to involving individuals who
are actually going to perform the work because they will establish their own
schedules.
Question
points
6
When deciding what equipment to use on a project and the cost, the estimator should:
Question options:
use only owned equipment where the historical cost has been established.
assume that all equipment is to be purchased new at the beginning of the project and
sold at the end, and the difference is the cost to be added to the estimate.
use rental equipment to avoid having to include ownership costs in the estimate.
select the best equipment that will earn the most money for the contractor.
Question
points
7
BIM stands for Building Information Modeling and is changing the way drawings are prepared
for construction projects, and may change the way construction projects are estimated. The
model:
Question options:
takes into account waste inherent in the design.
does not address the means and methods used to construct the building.
is parametric; therefore, it cannot contain information about each of the building
components.
is not a three dimensional model of the project.
Question
points
8
A site investigation is important for all of the following reasons EXCEPT:
Question options:
it is always required by the contract documents.
conditions vary significantly depending upon the type and location of the project.
site access and the availability of utilities can be checked.
subsurface soil conditions can be verified.
Question
points
9
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.
