CM 3111 Chapters: 1, 2, 4 Questions and
Answers
What is prepared from the contract documents - Answer Plans and project manual
Estimating in building construction is used to: - Answer determine probable construction costs
for a project
Establish budget
Order materials
Provides the general contractor an acceptable rate of return and compensation for the risk
associated with the project; more in than out - Answer Profit Margin
Types of Estimates - Answer Detailed, Assembly, Square-foot, Parametric
Determines the quantity and cost of everything required for the project, including: Materials,
labor, equipment, insurance, bonds, overhead, etc. - Answer Detailed Estimate
- Bid by groups of components (assemblies)
- For example, a light switch would include: Single-gang box, single-pole switch, cover plate, two
wire nuts, 20 ft wire - Answer Assembly Estimate
Square-foot Estimates - Answer Bid based on an average cost per square foot, May be
adjusted
- Bid based upon the statistical relationship between building components
- May include: Square footage, number of floors, length of perimeter, percentage of the building
that is common space, etc. - Answer Parametric Estimates
- Prepares an estimate based upon the answers to a number of questions
- Questions for the slab on grade portion of the building might include: What is the thickness of
the slab? Does the slab have wire mesh? - Answer Model Estimating
Project Comparison - Answer - Prepared by comparing the costs of a proposed project to a
similar project
- Adjusted for differences between the comparison project and the project being estimated
, Estimating Opportunities - Answer - Architectural and engineering offices
Subcontractors
Material suppliers
Manufacturers' representatives
Project management
Government
Professional quantity surveyor
Freelance estimators
Residential construction
Computer software
Additional Estimating Skills - Answer - Visualize building from plans
- Foresee problems
- Experienced in the construction process
- Methods of handling materials
- Labor productivity
- Convert labor productivity to costs
- Maintain a cost database
- Computer literate with:
Spreadsheets
Estimating software such as WinEst
Meets bid deadlines
Strong writing and presentation skills
Quantity Take-off skills - Answer Read and quantify plans
Knowledge of math and geometry
Patience
Does careful, thorough work
Computer literate with takeoff software
On-screen takeoff
Paydirt
Types of Bids - Answer Competitive and Negotiated
Awarded based upon price and best value - Answer Competitive Bid
Answers
What is prepared from the contract documents - Answer Plans and project manual
Estimating in building construction is used to: - Answer determine probable construction costs
for a project
Establish budget
Order materials
Provides the general contractor an acceptable rate of return and compensation for the risk
associated with the project; more in than out - Answer Profit Margin
Types of Estimates - Answer Detailed, Assembly, Square-foot, Parametric
Determines the quantity and cost of everything required for the project, including: Materials,
labor, equipment, insurance, bonds, overhead, etc. - Answer Detailed Estimate
- Bid by groups of components (assemblies)
- For example, a light switch would include: Single-gang box, single-pole switch, cover plate, two
wire nuts, 20 ft wire - Answer Assembly Estimate
Square-foot Estimates - Answer Bid based on an average cost per square foot, May be
adjusted
- Bid based upon the statistical relationship between building components
- May include: Square footage, number of floors, length of perimeter, percentage of the building
that is common space, etc. - Answer Parametric Estimates
- Prepares an estimate based upon the answers to a number of questions
- Questions for the slab on grade portion of the building might include: What is the thickness of
the slab? Does the slab have wire mesh? - Answer Model Estimating
Project Comparison - Answer - Prepared by comparing the costs of a proposed project to a
similar project
- Adjusted for differences between the comparison project and the project being estimated
, Estimating Opportunities - Answer - Architectural and engineering offices
Subcontractors
Material suppliers
Manufacturers' representatives
Project management
Government
Professional quantity surveyor
Freelance estimators
Residential construction
Computer software
Additional Estimating Skills - Answer - Visualize building from plans
- Foresee problems
- Experienced in the construction process
- Methods of handling materials
- Labor productivity
- Convert labor productivity to costs
- Maintain a cost database
- Computer literate with:
Spreadsheets
Estimating software such as WinEst
Meets bid deadlines
Strong writing and presentation skills
Quantity Take-off skills - Answer Read and quantify plans
Knowledge of math and geometry
Patience
Does careful, thorough work
Computer literate with takeoff software
On-screen takeoff
Paydirt
Types of Bids - Answer Competitive and Negotiated
Awarded based upon price and best value - Answer Competitive Bid
