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PSI Practice Test Complete Version with Verified Solutions

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In the previous year, a company had revenues of $500,000, project overhead of $40,000 and company overhead of $75,000. The company expects the percentage for project and company overhead to remain the same for the current year. The company desires to make a 10% profit on a project it is bidding. The project would have $80,000 in direct costs. What should the bid price be? - Answer Between $110,000 and $120,000 Which of the following is considered ethical behavior? - Answer Failing to disclose one subcontractor's bid to another Where would the most specific information about the size and location of windows be found in a set of construction drawings? - Answer in the window schedule

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Uploaded on
August 15, 2025
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Written in
2025/2026
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PSI Practice Test Complete Version with
Verified Solutions
In the previous year, a company had revenues of $500,000, project overhead of $40,000 and company
overhead of $75,000. The company expects the percentage for project and company overhead to
remain the same for the current year. The company desires to make a 10% profit on a project it is
bidding. The project would have $80,000 in direct costs. What should the bid price be? - Answer
Between $110,000 and $120,000



Which of the following is considered ethical behavior? - Answer Failing to disclose one subcontractor's
bid to another



Where would the most specific information about the size and location of windows be found in a set of
construction drawings? - Answer in the window schedule



What is the maximum depth for a K-Series open web steel joist? - Answer 30 inches



What is the minimum depth of a trench excavation in which a ladder is required to be provided? -
Answer 4 feet



Before excavating for a new building, how should subsoil conditions be determined? - Answer
conducting test borings



For roofing work, what is the minimum distance that materials and equipment can be stored from a roof
edge without a guardrail being required - Answer 6 feet



Which designation is used by the Steel Joist Institute's Standard Specification to designate short span
steel bar joists? - Answer K-Series



Which of the following would typically be covered by a contractor's comprehensive general liability
insurance policy? - Answer Damage to adjoining property from a crane accident.

, What is the approximate optimum hourly production rate for a wheeled backhoe filling hauling units?
Struck capacity for the bucket is 6 loose cubic feet and the bucket fill factor is 110%. The cycle time is 2
minutes, the soil type is moist loam with a 25% swell factor. - Answer 6 BCY



What is the minimum requirement for the placement of each tie in a block wall used with wood
framing? - Answer 2 2/3 square feet



In general, what is the MINIMUM concrete covering for steel reinforcement in a footing? - Answer 3.0
inches



What is the maximum allowable slope for an excavation in Type B soil? - Answer 45 degrees



An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45
hours during a holiday week, and receives 8 hours additional pay for the holiday? - Answer $693.75



How many inches should there be between a handrail and an adjacent wall? - Answer 1 1/2 inches



Costs that relate to construction but are not directly associated with labor and materials for a specific
project are considered to be which of the following? - Answer project overhead



Who oversees compliance with Material Safety Data Sheets? - Answer OSHA



Which of the following statements about a sole proprietorship is TRUE? - Answer The business, or any
part of it, can be sold, altered, or exchanged at will



AT LEAST how often should employees watch for possible hazards at the jobsite? - Answer Constantly



What is the minimum allowable slope of the ground that is immediately adjacent to a foundation wall? -
Answer 5%



Which is true about the placement of flexible insulation batts located in floor joists above an unheated
crawl space? - Answer They should be well supported between joists
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