Related Questions

Due to change in price level, a revised estimate is prepared if the sanctioned estimate exceeds
A 2.0 %
B 2.5 %
C 4.0 %
D 5.0 %
The estimate based on a detailed quantity survey and furnishes the most accurate and reliable estimate possible is known as
A Conceptual estimate
B Definitive estimate
C Probabilistic estimate
D None of these
A construction estimate is used
A To judge tentatively or approximate value of the project
B To produce a statement of the approximate cost
C To decide an approximation of the value of the project and not the exact cost
D None of these
The owner of the construction company makes use of the estimate:
A To determine the capital investment costs
B To assist in financial arrangements
C To determine economic feasibility of the project
D All of these
For the construction of buildings, the subheads of the estimate are
A Earthwork, Concrete work, Brick work
B Brickwork, Stone work, Roofing
C Brickwork Flooring, Wood work, Steel work
D All the above
The construction estimate of a project is used by:
A The owner of the facility
B The consulting architect/engineer
C The contractor of the project
D All of these
A project construction cost estimate includes:
A The labour and material cost
B The equipment and over head cost
C The profit of the contractor
D All of these
The construction manager uses the estimate of the project
A To tell the owner of the project to take his/her financial decision
B To control the project during its construction
C To develop bids on the project
D All of these
Which of the following is the costliest material of construction used in pressure vessel construction?
A Low alloy steel
B Lead
C Titanium
D High alloy steel
Klein's construction gives a graphic construction for
A Slider-crank mechanism
B Velocity polygon
C Acceleration polygon
D Four bar chain mechanism

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