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CM 3111 Exam 1 Questions and All Correct Answers 2026 Updated.

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Building Construction Estimating - Answer The determination of probable construction costs of any given project. Design-Build Delivery (DB) - Answer In this delivery system, the contractor acts as both the designer and the general contractor. Construction Manager Delivery (CM) - Answer 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) - Answer 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. Conceptual Estimate - Answer 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 - Answer An estimate that is prepared and maintained by the contractor during the design process based on the current, but incomplete design. Detailed Estimate - Answer 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 - Answer 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 - Answer Estimates that are prepared by multiplying the square footage of a building by a cost per square foot and 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.

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CM 3111 Exam 1 Questions and All
Correct Answers 2026 Updated.
Building Construction Estimating - Answer The determination of probable construction costs
of any given project.



Design-Build Delivery (DB) - Answer In this delivery system, the contractor acts as both the
designer and the general contractor.



Construction Manager Delivery (CM) - Answer 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) - Answer 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.



Conceptual Estimate - Answer 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 - Answer An estimate that is prepared and maintained by the contractor
during the design process based on the current, but incomplete design.



Detailed Estimate - Answer 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 - Answer 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 - Answer Estimates that are prepared by multiplying the square footage
of a building by a cost per square foot and 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 - Answer A single-line floor plan and key elevations.



Parametric Estimates - Answer 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.



Model Estimating - Answer 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 - Answer 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 - Answer Often involved solely with the estimating of quantities of materials and the
pricing of the project.



Design-Bid-Build (DBB) - Answer 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.



Design-Build (DB) or Construction-Manager (CM)

Delivery Systems - Answer For these kinds of projects, the General Contractor's scope of work
involves providing assistance to the owners, beginning with the planning stage, and continuing
through the actual construction of the project.



Subcontractors - Answer May be individuals, companies, or corporations hired by the general
contractor to do a particular portion of the work on the project.



Unit Price Bid - Answer A bid that is presented as what will be charged per unit.



Suppliers - Answer This person submits price quotes to the contractors and subcontractors to
supply the materials required for the construction of the project. Virtually every material used
in the project will be estimated, and multiple price quotes will be sought.



Manufacturer's Representatives - Answer These people represent certain materials, product
suppliers, or manufacturers. They visit construction sites and make certain that their product is
available and well known by most all of the different people on a construction site. They are
salespeople with expertise in their product lines and are welcomed not as salespersons, but as
needed sources of information concerning the materials and products they represent.

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