ENGV 380 Quiz 7 – Estimates, Construction
Contract Administration & Machine Power |
Complete Questions & Answers | Liberty
University 2026
ENGV 380 Quiz 7 – Estimates, Construction Contract Administration & Machine
Power
Complete Questions & Answers | Liberty University 2026
Quiz Instructions:
• Total Questions: 30
• Time Allowed: 45 minutes
• Format: Multiple choice and true/false
• Passing Score: 100% (30/30 correct)
• Materials Permitted: None (closed book)
SECTION A: MULTIPLE CHOICE (Questions 1–20)
Choose the best answer. Each question is worth 1 point.
1. What is the primary purpose of a construction estimate?
A) To determine the project's aesthetic value
B) To predict the cost of completing a construction project
, C) To schedule worker vacations
D) To design the building
Correct Answer: B
Rationale: A construction estimate predicts the cost of labor, materials,
equipment, and overhead required to complete a project.
2. Which type of estimate is prepared during the conceptual phase of a project?
A) Detailed estimate
B) Rough order of magnitude (ROM) estimate
C) Bid estimate
D) Definitive estimate
Correct Answer: B
Rationale: A Rough Order of Magnitude (ROM) estimate is prepared during the
conceptual phase and has a wide accuracy range (e.g., -25% to +75%).
3. What is the typical accuracy range of a definitive estimate?
A) -5% to +5%
B) -10% to +15%
C) -25% to +75%
D) -50% to +100%
Correct Answer: B
Rationale: A definitive estimate typically has an accuracy range of -10% to +15%.
4. Which of the following is NOT a component of a construction estimate?
A) Labor costs
B) Material costs
C) Equipment costs
D) Employee vacation schedules
Contract Administration & Machine Power |
Complete Questions & Answers | Liberty
University 2026
ENGV 380 Quiz 7 – Estimates, Construction Contract Administration & Machine
Power
Complete Questions & Answers | Liberty University 2026
Quiz Instructions:
• Total Questions: 30
• Time Allowed: 45 minutes
• Format: Multiple choice and true/false
• Passing Score: 100% (30/30 correct)
• Materials Permitted: None (closed book)
SECTION A: MULTIPLE CHOICE (Questions 1–20)
Choose the best answer. Each question is worth 1 point.
1. What is the primary purpose of a construction estimate?
A) To determine the project's aesthetic value
B) To predict the cost of completing a construction project
, C) To schedule worker vacations
D) To design the building
Correct Answer: B
Rationale: A construction estimate predicts the cost of labor, materials,
equipment, and overhead required to complete a project.
2. Which type of estimate is prepared during the conceptual phase of a project?
A) Detailed estimate
B) Rough order of magnitude (ROM) estimate
C) Bid estimate
D) Definitive estimate
Correct Answer: B
Rationale: A Rough Order of Magnitude (ROM) estimate is prepared during the
conceptual phase and has a wide accuracy range (e.g., -25% to +75%).
3. What is the typical accuracy range of a definitive estimate?
A) -5% to +5%
B) -10% to +15%
C) -25% to +75%
D) -50% to +100%
Correct Answer: B
Rationale: A definitive estimate typically has an accuracy range of -10% to +15%.
4. Which of the following is NOT a component of a construction estimate?
A) Labor costs
B) Material costs
C) Equipment costs
D) Employee vacation schedules
