J-Project Budget

Question 0

Percentage of construction cost

Mechanical

Answer 0

15% of design fees

Question 1

Percentage of construction cost

Architecture

Answer 1

10% of construction cost

Question 2

Percentage of construction cost

Electrical

Answer 2

12.5% of design fees

Question 3

Percentage of construction cost

Civil

Answer 3

10.5% of design fees

Question 4

Percentage of construction cost

Structural

Answer 4

9.4% of design fees

Question 5

Traditional contractor fees:

General overhead

Answer 5

8 to 10% value of firm value

Question 6

Traditional contractor fees:

Project overhead

Answer 6

4 to 10% of construction cost

Question 7

Traditional contractor fees:

Profit

Small job

Answer 7

15 to 20% on small job

Question 8

Traditional contractor fees:

Profit

Large jobs

Answer 8

10 to 15% large jobs

Question 9

Traditional contractor fees:

Profit

Very Large jobs

Answer 9

5 to 10% very large jobs

Question 10

How much of the construction fee is surveys, testing, fees, FF&E

Answer 10

15%

Question 11

Of traditional construction fees

Contractors overhead and profit equals

Answer 11

15-40% of the construction cost

Question 12

Construction budget is usually this percentage of the construction cost

Answer 12

85% with the other 15% being surveys, testing etc.

Question 13

Appropriate type of cost estimating at

PrePlanning/proposal

Answer 13

Unit costs

The cost per person, cost per bed, cost per square foot, etc.

Question 14

Appropriate type of cost estimating at

Programming

Answer 14

Starting unit cost system

(Cost per square foot)

Based on similar building types and functions of spaces

Question 15

Appropriate type of cost estimating at

Schematic design

Answer 15

Based on major elements of each building system

Mechanical, electrical, plumbing, structure,

Question 16

Appropriate type of cost estimating at

Design Development

Answer 16

Based on detail components

curtain walls, storefronts, lay in ceilings, etc.

Question 17

Appropriate type of cost estimating at

Construction documents

Answer 17

Unit rates

For construction components, assemblies and systems

Question 18

Typical phase breakdown for architectural services:

Schematic design

Answer 18

15% schematic design

Question 19

Typical phase breakdown for architectural services:

Design development

Answer 19

15% design development

Question 20

Typical phase breakdown for architectural services:

Construction documents

Answer 20

35% construction documents

Question 21

Typical phase breakdown for architectural services:

Bid/negotiation

Answer 21

5% bid/negotiation

Question 22

Typical phase breakdown for architectural services:

Construction administration

Answer 22

30% construction administration

Question 23

Typical phase breakdown for architectural services:

Project closeout

Answer 23

Sometimes project closeout is broken out to about 2 to 5%

Question 24

The critical path method is an example of this type of this type of diagram

Answer 24

Network diagram

Question 25

Fast tracking can typically reduce project time bye

Answer 25

10 to 30%