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Exam (elaborations)

CM 3111 Exam 1 Questions with Correct Answers (Grade A+)

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CM 3111 Exam 1 Questions with Correct Answers (Grade A+)

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CM 3111 Exam 1 Questions with Correct Answers (Grade A+)

Question 1: Building Construction Estimating

Answer: The determination of probable construction costs of any given project.

Question 2: Design-Build Delivery (DB)

Answer: In this delivery system, the contractor acts as both the designer and the general contractor.

Question 3: 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.

Question 4: 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.

Question 5: 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.

Question 6: Preliminary Estimate

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

Question 7: 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.

Question 8: 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.




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,Question 9: 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.

Question 10: Design Drawings

Answer: A single-line floor plan and key elevations.

Question 11: 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.

Question 12: 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.

Question 13: 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.

Question 14: Estimator

Answer: Often involved solely with the estimating of quantities of materials and the pricing of the project.

Question 15: 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.

Question 16: 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.




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, Question 17: Subcontractors

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

Question 18: Unit Price Bid

Answer: A bid that is presented as what will be charged per unit.

Question 19: 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.

Question 20: 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.

Question 21: Project Management Companies

Answer: These companies specialize in providing professional assistance in planning the construction of a
project and keeping accurate and updated information about the financial status of the project.

Question 22: Professional Quality Surveyor

Answer: These are for-hire firms or individuals who make unit quantity takeoffs of the materials required to
build a project.

Question 23: Freelance Estimators

Answer: These people will do a material takeoff of a portion or entire project for whoever may want a job
done. In some areas, these people will do material takeoffs of a project being competitively bid on and then
sell the quantity list to one or ore contractors who intend to submit a bid on the project.

Question 24: Shop Drawings

Answer: Drawings that show the sizes of materials and installation details.




Page 3

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