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AIC EXAM AND PRACTICE - EXAMINATION COMPLETE QUESTIONS AND DETAILED SOLUTIONS LATEST UPDATE THIS YEAR JUST RELEASED

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AIC EXAM AND PRACTICE - EXAMINATION COMPLETE QUESTIONS AND DETAILED SOLUTIONS LATEST UPDATE THIS YEAR JUST RELEASED

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AIC EXAM AND PRACTICE - EXAMINATION
COMPLETE QUESTIONS AND DETAILED SOLUTIONS
LATEST UPDATE THIS YEAR JUST RELEASED

Question 1: If a project trailer is vandalized, which of the following
type of insurance would cover the claim?
Answer:
Builder's Risk


Question 2: What is the term used to describe the financial
evaluation of the cost of a building component or system over its
useful life?
Answer:
Life Cycle Costing


Question 3: Which type of estimate is most appropriate when the
contract documents are 100% complete?
Answer:
Detailed Estimate


Question 4: If you built a post office with 6,500 sq ft, and it cost
$95.02/sf to build, how much would the total cost be?
Answer:
= 6,500 x 95.02/sf = $617,630


Question 5: Imagine a bank is built in SC for $500k in 2012. Assume
the cost index for SC was 35.1. How much would cost to build in
2015 if the cost index was raised to 47.8. [=((known cost)(cost index
for estimated cost))/ Cost index for known cost]
Answer:

,= ((500,000)(47.8)) / 35.1 = $680,912


Question 6: How many crew days would it take to install 1,500 sq
yd of carpet if the 2 person crew can install 500 sq yd/day?
Answer:
= = 3 days


Question 7: Carpet is usually taken off by which unit of measure?
Answer:
Square Yard


Question 8: How many 7-cy dump truck loads are needed to
remove 350 Bcy of soil, assuming the swell factor is 15%? [=(Bcy x
SF)/ 7-cy]
Answer:
=59


Question 9: How many bank cubic yards of soil would be needed to
fill an excavation requiring 45 Ccy of fill assuming an 88%
compaction factor? [Ccy / Compaction Factor]
Answer:
= 45/ .88 = 51.1 Ccy


Question 10: How many Board Feet is 200LF of 2in x 6in wood
studs? [=(L x W x D)/12]
Answer:
=(200 x 2 x 6)/12 = 200BF


Question 11: Which document notifies the contractor of the forms,
content, and procedures for submitting the bid proposal?

,Answer:
Instructions to Bidders


Question 12: Which party has the design liability for a prescriptive
specification?
Answer:
Architect / Engineer


Question 13: A specification reads as follows: "Furnish, install,
operate, and maintain all necessary pumping equipment for
dewatering the various parts of the work and for maintaining free of
water the foundations and trenches as required for construction
operations". Which type of specification is this?
Answer:
Performance Specification


Question 14: A contractor submits a bid with the appropriate forms.
They receive a notice of award letter indicating that their bid has
been selected. The contractor decides not to accept the contract.
Which of the following outcomes is a likely outcome?
Answer:
They will lose the amount of their bond face value.


Question 15: Using the following bond premium schedule below,
what is the bond premium for a $2,755,000 project? First $5k=
$12/$1000 Next $2M= $6k + $7.25/1000 Next $2.5M= $20.5K +
$5.75/1000
Answer:
=(($12 x ($5k/$1k)) + (6k + (7.25 x (2M/1000)) + (20.5K + (5.75 x (750K/1000) = $45,373

, Question 16: What does the R.S. Mean's unit of measure
abbreviation for MBF stand for?
Answer:
1,000 Board Feet


Question 17: If there is a crew of: 1 Foreman 4 Pile Drivers 2 Crane
Operators .5 Oilers on any given 8hr work day, how many total
work hours are expended?
Answer:
=(1 x 8) + (4 x 8) + (2 x 8) + (.5 x 8) = 60 hours


Question 18: Considering a crew works 60 total hours a day, and
has a daily output of 545 SFCA, what is their productivity rate in
work hours per unit?
Answer:
= = 0.110


Question 19: Given a rectangular cofferdam that is 60ft wide x 100ft
long x 10ft deep and enclosed with a 3ft toe, how many total SFCA
are required for the sheet piling?
Answer:
= (60 x 10 x 2sides) + (100 x 10 x 2sides) + (3 x 60 x 2sides) + (3 x 100 x 2sides) =
4160SFCA


Question 20: Which of the following statements is true about a
company's cost code structure?
Answer:
It is often organized by CSI division with adaptations by individualized companies


Question 21: Which of the following statements is true about the
work breakdown structure?

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