Podcast
Questions and Answers
What percentage complete is the design when Design Development estimates are prepared?
What percentage complete is the design when Design Development estimates are prepared?
- 50%
- 80%
- 90%
- 70% (correct)
What other term is used to refer to Design Development estimates?
What other term is used to refer to Design Development estimates?
- Rough estimates (correct)
- Final estimates
- Preliminary estimates
- Detailed estimates
At what phase does the contractor identify the structural elements of the project in Design Development estimates?
At what phase does the contractor identify the structural elements of the project in Design Development estimates?
- 70% (correct)
- 10%
- 50%
- 30%
What does the contractor focus on during Design Development estimates for self-performed work?
What does the contractor focus on during Design Development estimates for self-performed work?
When does the contractor solicit help from the subcontracting community in determining costs?
When does the contractor solicit help from the subcontracting community in determining costs?
Which of the following is not considered a complicated system for which subcontractor pricing is important in Design Development estimates?
Which of the following is not considered a complicated system for which subcontractor pricing is important in Design Development estimates?
What is another term for Design Development (DD) estimates?
What is another term for Design Development (DD) estimates?
In Design Development estimates, what type of work does the contractor focus on for detailed quantity surveys?
In Design Development estimates, what type of work does the contractor focus on for detailed quantity surveys?
During the Design Development phase, when does the contractor typically obtain quantities for various scopes of work?
During the Design Development phase, when does the contractor typically obtain quantities for various scopes of work?
Which project elements are clearly identified in the Design Development phase to allow for quantity determination?
Which project elements are clearly identified in the Design Development phase to allow for quantity determination?
What aspect of subcontractor involvement is important in Design Development estimates for complex systems?
What aspect of subcontractor involvement is important in Design Development estimates for complex systems?
Which of the following is NOT typically considered a complicated system requiring subcontractor input in Design Development estimates?
Which of the following is NOT typically considered a complicated system requiring subcontractor input in Design Development estimates?
What are allowances in construction contracts usually used for?
What are allowances in construction contracts usually used for?
During which phase are contingencies typically included at approximately 3–5% for design and 2–3% for construction?
During which phase are contingencies typically included at approximately 3–5% for design and 2–3% for construction?
Why is it important for the contractor to be specific about the allowances included in a construction contract?
Why is it important for the contractor to be specific about the allowances included in a construction contract?
What is a key difference between the DD estimate and the CD estimate?
What is a key difference between the DD estimate and the CD estimate?
Why are contingencies usually much less or nonexistent in the Construction Document estimate phase?
Why are contingencies usually much less or nonexistent in the Construction Document estimate phase?
What purpose does the DD estimate serve in the construction process?
What purpose does the DD estimate serve in the construction process?
