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A visually appealing infographic depicting construction cost estimation concepts, featuring graphs, blueprints, and construction materials.

Construction Cost Estimation Quiz

Test your knowledge on construction cost estimation with our engaging quiz! This quiz covers various methodologies and terminologies related to project costing in the construction industry.

10 carefully crafted multiple-choice questions
Enhance your understanding of estimation techniques
Perfect for students and professionals alike

10 Questions2 MinutesCreated by EstimatingEagle42

Basis for estimating the cost of a larger scope of work.

Quantity survey

Estimation survey

Bill of materials

Cost estimation

Uses structures of similar size to compare cost

Bill of materials

Quantity survey

Screening estimates

Bid estimates

Permit requirement which lists raw materials and components to construct a project

Design estimates

Bill of materials

Quantity survey

Cost estimation

Establishes the base line of the project cost at different stages of development of the project.

Cost estimation

Quantity survey

Design estimates

Bid estimates

Submitted for negotiation or competitive bidding

Cost estimation

Quantity survey

Design estimates

Bid estimates

An assumption based on area, volume or bulk

Conceptual estimates

Screening estimates

Detailed estimates

Bid estimates

Design estimates runs parallel with the design and planning

True

False

Derived from a combination of subcontractor quotations, quantity takeoffs and construction procedures

Conceptual estimates

Screening estimates

Detailed estimates

Bid estimates

Fine detail of quantities as plans and specifications is broken down into components

Conceptual estimates

Screening estimates

Detailed estimates

Bid estimates

Control estimates are in used monitoring the project after construction

True

False

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