Estimating final exam - Study guides, Class notes & Summaries

ADVANCED ESTIMATING FINAL EXAM QUESTIONS WITH VERIFIED ANSWERS ALREADY GRADED A+

ARE 5.0 CONSTRUCTION & EVALUATION EXAM 2024 (3) ways cost estimates can be performed during Programming - correct answer 1. Unit cost system. 2. Historical data on similar types of projects. 3. Cost per square foot. Cost estimating method used during the Schematic Design - correct answer Preliminary (rough) estimates are based on pricing major elements, such as structural system selected and the MEP systems used. Cost estimating method used during the Design Development - correct ...

Azure Tide 2023 Pre-Licensing Final Exam Questions & Complete Answers (With Rationale) Azure Tide 2023 Pre-Licensing Final Exam Questions & Complete Answers (With Rationale) A Real Estate brokerage is a business where sales associates provide real estate services to clients for compensation. - ANSWER- False A Real Estate brokerage is a business where a managing broker oversees the Broker Associate/Sales Associates that work for the brokerage and provide real estate services to clients for ...

Estimating Exam IV (Final Exam) 2024 Actual Questions and Answers Solved 100%

Estimating Exam IV (Final Exam) UPDATED ACTUAL Questions and CORRECT Answers What happens to a contractor's bid if the owner receives it five minutes after the time is due? - CORRECT ANSWER- The bid is thrown out What are two sources of common errors in the estimating process? - CORRECT ANSWER- placing numbers in wrong columns incorrect computation of numbers

T or F When preparing an estimate, the importance of proper organization and structure cannot be overstated. - correct answer True T or F Labor rates for a company's employees are not overly important when estimating a project - correct answer False The ______________ views of a document set (the plans) are ideal for determining the composition of, or what is in, a wall . - correct answer Section T or F Workers' Compensation is an optional insurance that employers p...

CMIT Exam (200 multiple choice) Questions with Verified Answers A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - CORRECT ANSWER True There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibility, budget and the schedule....

OMGT Project Management Chapter 5 pt.2 Final Exam 2024. The process of forecasting or approximating the time and cost of completing project deliverables is called A. Budgeting. B. Predicting. C. Estimating. D. Planning. E. Guesstimating. - CORRECT ANSWER c In practice, estimating processes are frequently classified as A. Top down/bottom up. B. Rough/polished. C. Precise/order of magnitude. D. Draft/final. E. Broad/Specific. - CORRECT ANSWER a What...

WGU C722 Test Bank Project Management, Top Exam Questions and answers, Approved. A Guide to Project Management Body of Knowledge (PMBOK Guide) The project management standard developed by the Project Management Institute. Benefit measurement methods A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. Co-located When team members work together at the same physical locati...