Factors Affecting Architects' Work

Which stage of a construction project is cost planning typically done?

Pre-design and design stages

What is the purpose of cost control in a construction project?

To monitor and manage construction costs

What should architects do to ensure effective cost management?

All of the above

What condition is typically included in a client-architect agreement regarding cost estimates?

The architect will be responsible for redesign at no cost if the lowest bid exceeds the estimate by a certain percentage Signup and view all the answers

Which method is commonly used by quantity surveyors or those experienced in the calculation of building costs?

Elemental cost method Signup and view all the answers

What is the advantage of using the elemental cost method?

Provides a general guide at the pre-design stage Signup and view all the answers

Which method uses simplified historic data as a basis for calculating cost?

Parametric estimating: Unit Use Signup and view all the answers

What is the disadvantage of using parametric estimating: Volume?

Not widely used Signup and view all the answers

Which two formats are widely accepted for presenting construction cost information?

Uniformat II and MasterFormat 2016 Signup and view all the answers

What is the purpose of Uniformat II?

To provide a structured system for cost estimation Signup and view all the answers

Which method of cost estimation is performed when little information is available about the project?

Analogous Cost Estimating Signup and view all the answers

What is the most accurate method of cost estimation that requires extensive effort from all parties involved in the construction endeavor?

Bottom-up Cost Estimating Signup and view all the answers

Which one of the following is the definition of Construction Budget?

The maximum amount of money, including contingency allowances, which the client is prepared to spend on the construction cost. Signup and view all the answers

What does Construction Cost Estimate refer to?

The anticipated total construction cost at the anticipated time of construction. Signup and view all the answers

What is the purpose of Construction Contingency?

To provide funds for the implementation of risk management strategies. Signup and view all the answers

What is an Element in cost estimating?

A component of a building, such as a sub-structure or envelope. Signup and view all the answers

Which of the following factors can affect construction costs?

All of the above Signup and view all the answers

What is the range of construction costs mentioned in the text?

$896.97 $/m2 to $4,719.33 $/m2 Signup and view all the answers

What can be a reason for cost increases in a construction project?

All of the above Signup and view all the answers

What should architects consider before using raw cost data for estimates?

All of the above Signup and view all the answers

Which of the following is NOT a source of expertise directly from the construction industry?

Architects Signup and view all the answers

What is the purpose of contingency allowances in a budget estimate?

To account for unforeseen expenses Signup and view all the answers

What is the recommended range for construction contingencies during the early stages of a project?

25%–30% Signup and view all the answers

What is the advantage of using up-to-date cost forecasting information in the schematic design phase?

Minimizes the risk of significant re-design and re-definition Signup and view all the answers

During which phase does the architect analyze the bids received from contractors?

Phase E Signup and view all the answers

What document should the architect refer to for information on preparing the bidding documents?

CCDC 23 Signup and view all the answers

What is the architect's role in determining the best overall value for the client?

Analyzing the bids received from contractors Signup and view all the answers

What should the owner and architect be mindful of during the bidding process?

Both A and B Signup and view all the answers

What are itemized prices?

Costs for a specific item or section of work for information purposes only Signup and view all the answers

What should unit prices be used for?

Preparing the bidding documents Signup and view all the answers

Factors Affecting Architects' Work

Questions and Answers

Which stage of a construction project is cost planning typically done?

What is the purpose of cost control in a construction project?

What should architects do to ensure effective cost management?

What condition is typically included in a client-architect agreement regarding cost estimates?

Which method is commonly used by quantity surveyors or those experienced in the calculation of building costs?

What is the advantage of using the elemental cost method?

Which method uses simplified historic data as a basis for calculating cost?

What is the disadvantage of using parametric estimating: Volume?

Which two formats are widely accepted for presenting construction cost information?

What is the purpose of Uniformat II?

Which method of cost estimation is performed when little information is available about the project?

What is the most accurate method of cost estimation that requires extensive effort from all parties involved in the construction endeavor?

Which one of the following is the definition of Construction Budget?

What does Construction Cost Estimate refer to?

What is the purpose of Construction Contingency?

What is an Element in cost estimating?

Which of the following factors can affect construction costs?

What is the range of construction costs mentioned in the text?

What can be a reason for cost increases in a construction project?

What should architects consider before using raw cost data for estimates?

Which of the following is NOT a source of expertise directly from the construction industry?

What is the purpose of contingency allowances in a budget estimate?

What is the recommended range for construction contingencies during the early stages of a project?

What is the advantage of using up-to-date cost forecasting information in the schematic design phase?

During which phase does the architect analyze the bids received from contractors?

What document should the architect refer to for information on preparing the bidding documents?

What is the architect's role in determining the best overall value for the client?

What should the owner and architect be mindful of during the bidding process?

What are itemized prices?

What should unit prices be used for?

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