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CM 3111 Exam 2 Questions and All Correct Answers.

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building construction estimating - Answer the determination of probable construction costs of any given project working drawings - Answer the _____ _____ usually contain information relative to the design, location, dimensions, and construction of the project project manual - Answer the _____ _____ is a written supplement to the drawings and includes information pertaining to materials and workmanship, as well as information about the bidding process profit margin - Answer provides the general contractor an acceptable rate of return and compensation for the risk associated with the project indirect - Answer __________ field costs are also referred to as general conditions or project overhead costs in building construction direct - Answer __________ field costs are the material, labor, equipment, or subcontracted items that are permanently and physically integrated into the building detailed estimate - Answer includes determination of the quantities and costs of everything that is required to complete the project. this includes materials, labor, equipment, insurance, bonds, and overhead, as well as an estimate of the profit. assembly - Answer in __________ estimating, rather than bidding each of the individual components of the project, the estimator bids the components in groups known as assemblies square-footage estimates - Answer 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 buildings heights, length of the building perimeters, and other building components parametric estimates - Answer use equations that express the statistical relationship between building parameters and the cost of the building model estimating - Answer uses computer models to prepare an estimate based on a number of questions answered by the estimator

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CM 3111 Exam 2 Questions and All
Correct Answers.
building construction estimating - Answer the determination of probable construction costs of
any given project



working drawings - Answer the _____ _____ usually contain information relative to the design,
location, dimensions, and construction of the project



project manual - Answer the _____ _____ is a written supplement to the drawings and
includes information pertaining to materials and workmanship, as well as information about the
bidding process



profit margin - Answer provides the general contractor an acceptable rate of return and
compensation for the risk associated with the project



indirect - Answer __________ field costs are also referred to as general conditions or project
overhead costs in building construction



direct - Answer __________ field costs are the material, labor, equipment, or subcontracted
items that are permanently and physically integrated into the building



detailed estimate - Answer includes determination of the quantities and costs of everything
that is required to complete the project. this includes materials, labor, equipment, insurance,
bonds, and overhead, as well as an estimate of the profit.



assembly - Answer in __________ estimating, rather than bidding each of the individual
components of the project, the estimator bids the components in groups known as assemblies



square-footage estimates - Answer 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 buildings heights, length of the building perimeters, and other building components



parametric estimates - Answer use equations that express the statistical relationship between
building parameters and the cost of the building



model estimating - Answer uses computer models to prepare an estimate based on a number
of questions answered by the estimator

, project comparison estimates - Answer are prepared by comparing the cost of a proposed
project to a completed project



architectural - Answer the __________ office will require estimates at three design stages:
preliminary, cost evaluation during drawing preparation, and a final estimate.



engineering - Answer the __________ offices involved in the design of building construction
projects include civil, structural, mechanical, electrical, and soil analysis.



general contractor - Answer for design-bid-build projects, the ________ makes detailed
estimates that are used to determine what the company will charge to do the required work



estimating with quantities provided by the designer - Answer involves reviewing the
specifications for the contract and material requirements, reviewing the drawings for the type
of construction used, and assembling the materials used



subcontractors - Answer __________ may be individuals, companies, or corporations hired by
the general contractor to do a particular portion of the work on the project



unit price - Answer if a subcontractors bid is presented as what he or she would charge per
unit, then it is a _____ _____



material suppliers - Answer submit price quotes to the contractors (and subcontractors) to
supply the materials required for the construction of the project



manufacturers' representatives - Answer represent certain materials, product suppliers, or
manufacturers. They spend part of their time visiting contractors, architects, engineers,
subcontractors, owners, and developers to be certain that they are aware of the availability of
the material, its uses, and approximate costs.



project management - Answer ______ _______ companies specialize in providing professional
assistance in planning the construction of a project and keeping accurate and up-dated
information about the financial status of the project



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



freelance - Answer __________ estimators will do a material takeoff of a portion or entire
project for whoever may want a job done. this estimator may work for the owner, architect,
engineer, contractor, subcontractor, material suppliers, or manufacturer.

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