EXAC – COSTING 2024/2025 Exam
Questions and Verified Answers |
Already Graded A+
Value Analysis or Value Engineering is part of architectural scope of
services - 🧠ANSWER ✔✔no, Sometimes a project will be subjected to
value analysis or value engineering. This service is not a basic service of
the architect
which project delivery method is better suited for value engineering -
🧠ANSWER ✔✔design-build - because the aim of the design builder is to
finish the construction with minimum requirements to satisfy at the time of
delivery.
what are the possible outcome of value engineering - 🧠ANSWER ✔✔This
approach can sometimes result in the substitution of inferior or
inappropriate products, simply because they are cheaper, however, this is
not true value engineering but rather cost-cutting. In these circumstances,
the architect must be informed and given the opportunity to advise the
owner on the
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED
, consequences of the proposed changes.
at what stage of design the value analysis should be done. - 🧠ANSWER
✔✔earlier stages, predesign and schematic design stages.
The success of any cost estimation method depends on ? - 🧠ANSWER
✔✔-the reliability of the raw historic data:
-the ability to adjust the data to suit the characteristics of the new project
and to market conditions;
-the similarity of the new project in as many ways as possible to the
examples from which data are available;
-the extent to which the analysis is broken down into a large number of
small components, instead of a few large unit headings.
Classes of Cost Estimates - class D budget is put together in which stage
of design. - 🧠ANSWER ✔✔during functional programming phase of the
project, it is based on the functional program and historic data;
adjusted to take into account assumptions regarding inflation, location, risk,
quality, size and project timing;
a rough order of magnitude.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED
Questions and Verified Answers |
Already Graded A+
Value Analysis or Value Engineering is part of architectural scope of
services - 🧠ANSWER ✔✔no, Sometimes a project will be subjected to
value analysis or value engineering. This service is not a basic service of
the architect
which project delivery method is better suited for value engineering -
🧠ANSWER ✔✔design-build - because the aim of the design builder is to
finish the construction with minimum requirements to satisfy at the time of
delivery.
what are the possible outcome of value engineering - 🧠ANSWER ✔✔This
approach can sometimes result in the substitution of inferior or
inappropriate products, simply because they are cheaper, however, this is
not true value engineering but rather cost-cutting. In these circumstances,
the architect must be informed and given the opportunity to advise the
owner on the
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
1
STATEMENT. ALL RIGHTS RESERVED
, consequences of the proposed changes.
at what stage of design the value analysis should be done. - 🧠ANSWER
✔✔earlier stages, predesign and schematic design stages.
The success of any cost estimation method depends on ? - 🧠ANSWER
✔✔-the reliability of the raw historic data:
-the ability to adjust the data to suit the characteristics of the new project
and to market conditions;
-the similarity of the new project in as many ways as possible to the
examples from which data are available;
-the extent to which the analysis is broken down into a large number of
small components, instead of a few large unit headings.
Classes of Cost Estimates - class D budget is put together in which stage
of design. - 🧠ANSWER ✔✔during functional programming phase of the
project, it is based on the functional program and historic data;
adjusted to take into account assumptions regarding inflation, location, risk,
quality, size and project timing;
a rough order of magnitude.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
2
STATEMENT. ALL RIGHTS RESERVED
