CM 1011 Module 3 UPDATED ACTUAL Questions and CORRECT Answers
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Course
CM 1011
Institution
CM 1011
CM 1011 Module 3 UPDATED ACTUAL
Questions and CORRECT Answers
qty. surveyor - CORRECT ANSWER- The entry level on an estimating team is usually a
quantity surveyor whose job it is to do takeoffs from the plans of the quantities of the
materials involved, how much labor will be needed, and the...
CM 1011 Module 3 UPDATED ACTUAL
Questions and CORRECT Answers
qty. surveyor - CORRECT ANSWER✔✔- The entry level on an estimating team is usually a
quantity surveyor whose job it is to do takeoffs from the plans of the quantities of the
materials involved, how much labor will be needed, and the equipment needed.
A good estimator needs to be able to - CORRECT ANSWER✔✔- Read the contract
documents and form a mental picture of the project
Be knowledgeable in construction techniques - while having good visualization skills
Be detailed oriented and thorough
Work well with numbers and statistics
Be familiar with material costs and computer applications
Work well under deadline pressures
Be practical for the science part of estimating, but creative for the art part of estimating
project costs and types of estimates - CORRECT ANSWER✔✔- There are a number of
factors for the estimating team to consider when pricing a project. The two main areas that
influence a project are:
Project Size
Project Complexity.
When you do a construction estimate, you are answering three questions: - CORRECT
ANSWER✔✔- How many (which is quantities)?
How much (which is pricing)?
How long (which is productivity)?
estimate beginning - CORRECT ANSWER✔✔- to initiate an estimate, reviewing plans and
specs, attending pre-bid meetings, and visiting the site must be conducted.
, review plans and specs - CORRECT ANSWER✔✔- Review the plan and specs, especially as
to "red flag provisions" (these could cause a contractor not to even start an estimate). Develop
a list of questions that need answers or clarifications.
prebid meeting - CORRECT ANSWER✔✔- Attend all meetings with Owner and/or
Designer, especially meetings prior to bid opening to clear up questions. It is normal for
estimator to attend these meetings (likely most knowledgeable).
site visit - CORRECT ANSWER✔✔- visit the site usually by an experienced CM because
contractor will be charged with knowing obvious problems with a site. Site conditions cannot
be understood by looking at contract documents or from Google Earth. Book has a list of
items to consider.
building the estimate - CORRECT ANSWER✔✔- Basically built in the same order as actual
project is built. CSI order is similar to the construction order and can be used to organize the
estimate.
work breakdown structure - CORRECT ANSWER✔✔- The WBS breaks each division of
work into separate work packages, each organized on a per-trade basis with various steps
needed to complete that package. Each is quantified and priced.
calculating qtys. - CORRECT ANSWER✔✔- Entry level position on estimating team usually
does quantity takeoff - need to know how many items of materials, labor, and general
conditions for each work item before calculating costs.
pricing the work - CORRECT ANSWER✔✔- After quantities are calculated, unit prices can
be applied to each of the work packages. Company records are the best source of information
for applying prices to the quantities. If records not available, published cost guides can be
used (R.S. Means or Walker's Building Estimator's Reference book).
subcontractor bids - CORRECT ANSWER✔✔- Contractor solicits bids from a number of
subcontractors for each set of work packages. Bids are reviewed and analyzed to choose the
bid used in the contractor's bid package. It is important to solicit early.
completing the bid - CORRECT ANSWER✔✔- Big form is completed and signed, together
with all the applicable documents, such as a bid bond, put into an envelope with 1) The name
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