Podcast
Questions and Answers
What is the main goal of the book described in the text?
What is the main goal of the book described in the text?
- To provide a history of construction design
- To present a method for compiling consistently accurate construction cost estimates (correct)
- To introduce a new construction material
- To simplify construction regulations
Which of the following is NOT described as a main project delivery system in the construction industry?
Which of the following is NOT described as a main project delivery system in the construction industry?
- Design-build
- Traditional design-bid-build
- Construction management
- Architectural design competition (correct)
What is the role of conceptual estimates in the cost-planning process?
What is the role of conceptual estimates in the cost-planning process?
- Offer review and control capabilities
- Provide detailed itemized costs
- Act as initial rough order of magnitude estimates (correct)
- Finalize the construction budget
What technology integration capability does the book aim to provide for construction cost estimating?
What technology integration capability does the book aim to provide for construction cost estimating?
What is the basis for most people and organizations deciding to build a project?
What is the basis for most people and organizations deciding to build a project?
How is the value of a proposed facility usually quantified?
How is the value of a proposed facility usually quantified?
How is monetary value typically determined in the cost-benefit analysis mentioned?
How is monetary value typically determined in the cost-benefit analysis mentioned?
What defines a feasible project according to the text?
What defines a feasible project according to the text?
What is the stage where the contractor's markup is added and the bid documents are completed?
What is the stage where the contractor's markup is added and the bid documents are completed?
Why is detailed estimating considered the method of choice for bid preparation in the construction industry?
Why is detailed estimating considered the method of choice for bid preparation in the construction industry?
What is the basis of a detailed estimate in construction projects?
What is the basis of a detailed estimate in construction projects?
Why are preliminary estimates usually prepared by quicker but less accurate methods?
Why are preliminary estimates usually prepared by quicker but less accurate methods?
