1) What is the total cost of the building in 2016 (Use cost indices factor method)?
1. Question 1 It is the beginning of 2008. Assume that you have an estimate on file for a 100,000 square feet building that was completed in June 2002 for…
1. Question 1 It is the beginning of 2008. Assume that you have an estimate on file for a 100,000 square feet building that was completed in June 2002 for…
2. Question 2 Examples of the tools and methods to perform preliminary and conceptual estimates include: 1 / 1 point Cost indices Component Ratios Cost Capacity Factors Parameter Costs…
4. Question 4 In the cost-capacity factor equation, C2 = C1(Q2/Q1)x , x stands for 1 / 1 point the cost-capacity factor for the type of work the cost-capacity of materials…
1. Question 1 Cost estimates are based on 1 / 1 point Judgement and Experience Market and Price Cost and Supply Judgement and Demand
5. Question 5 The equipment installation cost ratio can help estimate the cost of buying equipment for a project. 1 / 1 point True False Correct, the equipment installation…
3. Question 3 BCI stands for Building Cost Index whereas CCI stands for Construction Cost Index. 1 / 1 point True False
2. Question 2 Which of the following is NOT one of the design stages? 1 / 1 point Schematic Design Design Development Construction Design Order of Elevation Order…
5. Question 5 The level of design will dictate how detailed your estimate will become. 1 / 1 point True False Correct, the level of design does dictate how…
4. Question 4 The architectural elements within the design development level plans include all of the following except: 1 / 1 point Walls Lights Ceilings Doors Glass Partitions
3. Question 3 Calculate the Rough Order of Magnitude for a building that is 40,000 square feet with a budget of $200 per square foot. 1 / 1 point $6,000,000 $10,000,000…