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Cm Cost Estimation And Budgeting Study Companion

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CM COST ESTIMATION AND BUDGETING STUDY COMPANION

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CM 2113 2026 CONSTRUCTION
MANAGEMENT COMPREHENSIVE STUDY
GUIDE

◉Purchase price-salvage+overhead=. Answer: ownership expense


◉Regardless of how much a machine is used, the owner must pay
owning cost. true or false. Answer: true


◉bulldozer new= 260,00
4 yr later= 120,000
ownership expense=?. Answer: 140,000


◉Machine owning cost includes which of the expenses listed?
$ Repairs
$ Insurance
$ Fuel
$ Taxes. Answer: insurance, taxes


◉operating cost includes what. Answer: -consumables(fuel, oil,
grease)

, -repair
-Maintenance
-tires or tracks
-high wear items


◉Machine operating cost includes which of the expenses listed?
$ Repairs
$ Interest
$ Tires
$ Taxes. Answer: repairs, tires


◉A series of payments or receipts that occurs at the end of each
period for n periods (not at the beginning of each period).. Answer: a
uniform series of payments


◉is used to determine the future worth of a series of equal
payments or receipts.
*[(1+i)n-1]/i
*(F/A,i,n). Answer: Uniform Series Compound Amount Factor


◉used to determine the present worth of a series of equal payments
or receipts.
*[(1+i)n-1]/[i(1+i)n]

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