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Challenges of Working Without Material Estimation

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Challenges of Working Without Material Estimation

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Questions and Answers

Why is it important to conduct a market survey before purchasing materials?

To deceive shopkeepers by overcharging

To avoid estimating and costing

To delay the completion of the project

To get the latest market cost of materials (correct)

What is emphasized as a key factor in purchasing material during the installation of a project?

Market surveying (correct)

Guesswork

Inexperience

Carelessness

Why should a person be fully expert in field when conducting market survey and purchasing material?

To avoid being deceived by shopkeepers (correct)

To cause delays in completion of the product

To decrease the quantity of material needed

To increase the cost of installation

What is the purpose of obtaining a price list from shopkeepers during a market survey?

To obtain up-to-date market rates Signup and view all the answers

Why should the price list obtained during the market survey be considered during estimating and costing?

To ensure accurate cost estimation Signup and view all the answers

What can mistakes or carelessness in purchasing material without a market survey lead to?

Addition to the cost of electrical installation Signup and view all the answers

Why is it important to have a good estimator according to the text?

To ensure the project is completed on time and within budget Signup and view all the answers

What consequences can occur if the money is misused during material purchase?

Midway stoppage of work due to shortage of funds Signup and view all the answers

What aspect should a good estimator always consider while estimating a project?

Keeping provision for future extension Signup and view all the answers

Why is it recommended for an estimator to inspect the ongoing project from time to time?

To ensure the project aligns with the estimate and quality standards Signup and view all the answers

What is one of the essential elements of estimating and costing mentioned in the text?

Latest market cost of material Signup and view all the answers

How can not having a proper estimation list affect purchasing necessary material?

'Purchasing smaller or excess quantity' due to lack of continuous work Signup and view all the answers