Project Estimating Flashcards

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1
Q

Generating Estimate and Quote

A

Job details
Material requirements and costs
Labour costs
Profit margin
Generating an estimate and quote

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2
Q

Considerations:
Environment

A

Indoors / outdoors

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3
Q

Considerations: quality control, requirements

A

May need to develop test and register welding procedure

Additional costs may be associated with required codes or specifications

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4
Q

Considerations: liability insurance and other conditions

A

Additional liability insurance

Performance bond = money is released when company / person does correct job they were supposed too.

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5
Q

Considerations: equipment

A

Some work such as shearing or braking or custom cutting may be sent to specialty shop

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6
Q

Considerations: welding

A

More position welds than flat or rolled will cost more

Specialized welding processes may be required

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7
Q

Considerations: Transportation

A

Additional shipping costs

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8
Q

Job costs

A

Job details
Material costs
Labour costs
Overhead
Profit margin
Generating estimate

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9
Q

Overhead costs

A

Office staff 5%
Equipment 2%
Rent, gas, electricity 10%
Vehicles 3%
Total 20%

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10
Q

Profit margin, all growth and losses come out of profit

A

Losses that occurred on previous job
Expansion of business
Buying in bulk numbers for future jobs

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11
Q

1 square foot

A

144 square inches

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12
Q

Hydrostatic testing

A

Filling container with liquid or immersing in liquids to test for leaks

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13
Q

Pneumatic testing

A

Leak detection test using gas under pressure within container. Soapy water is applied to all welds and fittings any bubbling is a leak.

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14
Q

Pneumatic testing
Kilopascals/ psi

A

15 kilopascals - 20 kilopascals
2 psi - 3 psi

Never more than 35 kilo pascals (5 psi) unless job requires special procedure.

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15
Q

Circumference of a circle

A

C= pie D

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16
Q

Area of a circle

A

A = pie r 2 (squared)

17
Q

Area of a trapezoid

A

A = h(b+b/2)

18
Q

Lateral surface area of a cylinder

A

Lsa = pie D H

19
Q

Lateral surface area of a rectangle solid

A

Lsa = H (2L + 2W)

20
Q

Total surface area of a cylinder

A

TSA= pie dh + 2(pie r squared)

21
Q

Total surface area of rectangular solid

A

TSA = 2LH + 2WH + 2LW

22
Q

1’ x 1’ x 1” = 40 lbs

Ex 4’ x 8 x 1/2 x 40 = total weight

A

.