Quantity Survey Flashcards
What is a bill of quantities?
A bill of quantities is a document used in the construction industry to provide a list of quantities, descriptions, and prices of items needed for a construction project.
What is the purpose of a takeoff in construction?
The purpose of a takeoff in construction is to calculate the quantities of materials needed for a project based on the drawings and specifications.
What is estimation in the context of construction?
Estimation in construction refers to the process of predicting the cost of a construction project based on available information and analysis.
True or False: Contracts in construction are legally binding agreements that outline the terms and conditions of a project.
True
What is the difference between a lump sum contract and a unit price contract?
A lump sum contract sets a fixed price for the entire project, while a unit price contract sets prices for each unit of work completed.
What is the purpose of including contingency funds in a construction estimate?
Contingency funds are included in a construction estimate to account for unforeseen circumstances or changes in the project that may impact costs.
What is the role of a quantity surveyor in the construction industry?
A quantity surveyor is responsible for estimating and managing the costs of a construction project, including preparing bills of quantities and evaluating tenders.
Fill in the blank: A bill of quantities typically includes a detailed ________ of all materials, labor, and equipment required for a construction project.
breakdown
What is the purpose of a cost estimate in construction?
The purpose of a cost estimate in construction is to provide an approximation of the total cost of a project based on the scope of work and other factors.
True or False: A cost estimate is always an accurate prediction of the final cost of a construction project.
False
What factors should be considered when preparing a construction estimate?
Factors such as material costs, labor costs, equipment costs, overhead expenses, profit margins, and contingency funds should be considered when preparing a construction estimate.
What is the difference between a bid and an estimate in construction?
A bid is a formal offer to perform a project at a specific price, while an estimate is a calculation of the expected cost of a project.
What is the purpose of the takeoff process in construction?
The purpose of the takeoff process in construction is to accurately quantify the materials needed for a project based on the drawings and specifications.
What is the role of a contractor in a construction project?
A contractor is responsible for overseeing the construction work, managing subcontractors, and ensuring that the project is completed according to the contract.
True or False: A bill of quantities is used to calculate the final cost of a construction project.
False
What is the purpose of a contract in construction?
The purpose of a contract in construction is to establish the legal terms and conditions of a project, including the scope of work, schedule, and payment terms.
Fill in the blank: A takeoff is a detailed ________ of the materials needed for a construction project.
measurement
What is the difference between a fixed price contract and a cost-plus contract?
A fixed price contract sets a specific price for the project, while a cost-plus contract allows for the reimbursement of actual costs plus a fee.
What is the purpose of a bill of quantities in the construction industry?
The purpose of a bill of quantities is to provide a detailed list of materials, labor, and equipment required for a construction project to assist in pricing and tendering.
What is the role of a project manager in a construction project?
A project manager is responsible for overall planning, coordination, and control of a construction project to ensure it is completed on time and within budget.
True or False: A bill of quantities is only used during the construction phase of a project.
False
What is the purpose of a takeoff in the construction industry?
The purpose of a takeoff in the construction industry is to accurately quantify the materials needed for a project to prepare cost estimates and bids.
What is the difference between direct costs and indirect costs in construction?
Direct costs are directly attributable to the project, such as materials and labor, while indirect costs are overhead expenses not directly related to a specific project.
What is the role of a subcontractor in a construction project?
A subcontractor is hired by the main contractor to perform specific tasks or provide specialized services within a construction project.
True or False: A bill of quantities is prepared after the completion of a construction project.
False
