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Cost Estimation Exam

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32 views2 pages

Cost Estimation Exam

Uploaded by

momagrabi77
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Cost Estimation Exam

Answer The Following Questions


Write the right expression for the following: [ 5 Marks ]
o Revenues Minus Expenses.

o Allocating the overall costs estimate to individual work items to establish base line for measuring performance.

o Site Expenses & Office Expenses.

o Materials & Labors Costs.

o Technical Package that include all plans , specifications & BOQ.

Complete The Sentences: [ 5 Marks ]


o Rough Of Magnitude Estimation Considered As Class No. ……………………......………. Or Class No. ...................................

o Cost Estimation With Accuracy +10/-10% Considered As Class No. …………………………….……….……….…………………………..

o Budgetary Cost Estimation Accuracy Between ………………………………………………………………..…………………………………..…….

o ……………………………… offers include all costs till delivery to destination.

o ……………………………... offer include only manufacturing & packing costs.

State True Or False: [ 5 Marks]


o Preliminary Cost Estimation Can Cancel Projects.

o NPV Depend On Construction Cost Estimation Results.

o Design & Specifications level depend on project type.

o Using Bus ways instead of cables always increase costs more than 70%.

o In Lump Sum Contacts, payment are based on actual installed quantities.


Cases Studies: [ 35 Marks ]

o State steps that should be taken if you cost estimator for lumpsum project. [ 5 Marks ]

……………………………………………………………………………………………………………………………………………………………………………………

……………………………………………………………………………………………………………………………………………………………………………………

……………………………………………………………………………………………………………………………………………………………………………………

o If you have an item with QTY.250, but installed 300 – so contractor payment will be based on which quantities if

contract was remeasured or lump sum. [ 5 Marks]

…………………………………………………………………………………………………………………………………………………………………………………………

………………………………………………………………………………………………………………………………………………………………………………………….

o For Administration Building we are working on in shop drawing module: [ 15 Marks]

Support your answer with needed comments or documents.

▪ Average Length for Lighting Outlets Will Be:

…………………………………………………………………………………………………………………………………………………………………….

▪ Average Length for Fire Alarm Outlets Will Be:

…………………………………………………………………………………………………………………………………………………………………….

▪ Average Length for Data Outlets Will Be:

…………………………………………………………………………………………………………………………………………………………………….

o Create a break down sheet without prices for below items: [ 10 Marks]

▪ Fire Alarm Outlet.

▪ Panel Board.

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