Es ma ng in Building Construc on, 10th Edi on by
Steven J. Peterson Frank R. Dagos no
Ques on 1
What is the primary purpose of a construc on es mate?
A. To determine the contractor's annual tax
B. To es mate the total cost of comple ng a construc on project
C. To calculate employee salaries only
D. To determine property taxes
Answer
B. To es mate the total cost of comple ng a construc on project
Solu on
A construc on es mate predicts the total cost of comple ng a project before construc on begins. It typically
includes:
Material costs
Labor costs
Equipment costs
Subcontractor costs
Overhead
Profit
Con ngency (when appropriate)
Ques on 2
Which document provides the most detailed descrip on of materials and workmanship?
A. Bid Form
B. Specifica ons
,C. Invoice
D. Purchase Order
Answer
B. Specifica ons
Solu on
Specifica ons describe:
Material quality
Installa on methods
Tes ng requirements
Performance standards
Es mators use specifica ons together with drawings to prepare accurate es mates.
Ques on 3
Blueprint drawings primarily provide:
A. Labor wages
B. Material quan es and project dimensions
C. Insurance costs
D. Payroll records
Answer
B. Material quan es and project dimensions
Solu on
Construc on drawings show:
Floor plans
Eleva ons
Sec ons
Structural details
Dimensions
These allow es mators to perform quan ty takeoffs.
,Ques on 4
Which cost is considered a direct cost?
A. Office rent
B. Project manager's salary at headquarters
C. Concrete materials for founda ons
D. Adver sing expenses
Answer
C. Concrete materials for founda ons
Solu on
Direct costs are directly a ributable to a specific project, such as:
Materials
Field labor
Equipment used on-site
Subcontractor work
Indirect costs include office rent, insurance, u li es, and administra ve expenses.
Ques on 5
An es mator calculates:
Materials = $185,000
Labor = $120,000
Equipment = $35,000
What is the total direct cost?
A. $305,000
B. $340,000
C. $360,000
D. $370,000
Answer
B. $340,000
Solu on
, Total Direct Cost:
[
185,000 + 120,000 + 35,000 = 340,000
]
Total Direct Cost = $340,000
Ques on 6
A contractor adds:
Direct Cost = $340,000
Overhead = 12%
Calculate the overhead amount.
A. $34,000
B. $40,800
C. $42,000
D. $45,000
Answer
B. $40,800
Solu on
Overhead:
[
340,000 \ mes 0.12 = 40,800
]
Ques on 7
Using Ques on 6, if the contractor adds a 10% profit based on the direct cost, what is the profit?
A. $30,000
B. $32,000
C. $34,000
D. $36,000
Answer
C. $34,000