1|Page
CM 3111 Exam 1 NEWEST 2026/2027 ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+||BRAND NEW!!
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
,2|Page
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.
, 3|Page
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.
CM 3111 Exam 1 NEWEST 2026/2027 ACTUAL EXAM
COMPLETE QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+||BRAND NEW!!
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
,2|Page
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.
, 3|Page
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.
