Chapter 16, Problem 3RQ

Rough cost estimate can provide quick cost value to the  estimator.  true or false?

Please use the sample estimate presented. It must meet the exact total estimated project cost given.

critique for Predicting Construction Cost Using Multiple Regression Techniques

Explain the difference between unit-cost estimating methodsand resource enumeration methods. When would youuse unit cost? When would you use resource enumeration?

3) For the construction of the final stage of a university laboratory building, the site engineer decided to purchase 12 beams whose value (in dollars) varies according to the length of the beam. In the last quote received by the engineer is the unit cost that the 12 beams would have, it is as follows: 2500 2600 2550 2480 2560 2570 2490 2490 2530 2510 2490 2410 a. The lot purchase criteria establishes that it should be acquired if its average cost does not belong to the cheapest 10% of lots or to the most expensive 10% of lots that have been purchased for the construction of the entire building. If it is known that the beams that have been purchased throughout the project have had a normally distributed cost with an average of $2,540, what should the engineer's decision be and why? b. What must be the minimum and maximum average costs of the lot so that it can be purchased?

Consider the bid rent curve (R) for the office sector (OS) and household sector (HH). Allow for both consumer substitution (CS) and factor substitution (FS). Draw the initial land use pattern in the urban area. Be sure to identify the boundaries and the initial land area for each sector. Label everything. Suppose an innovation in construction allows stackable buildings (no additional reinforcement is required for taller buildings) in Lego-Spider City. In addition, workers acquire new climbing skills and are able to rappel up and down the outside of the building and into and out of the residences to their workplaces. llustrate the impact of such shocks on the R curves of both sectors. Briefly explain the relative shape and position of each curves. What happens to the land area of the OS and land area of the HH sector?

20 Imagine that you want to add a bathroom to a house. You get a copy of a cost estimating guide and multiply the cost per square foot for a bathroom addition by the number of square feet of the bathroom. This is an example of what estimating method? A O Square foot method. BO Build-cost capitalization method. Stick and unit methods. Ballpark figure method.

Determine four reliable sources of building material pricing data.

1. After determining the various materials needed for the construction project, why is it that data should be organized and presented like the sample of bill of materials?