Construction Cost Estimates Flashcards by Lucky Lucy

Q

Cost Estimate Methods

Labor & Materials

A

What is it, when is it best used, etc.

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Cost Estimate Methods

Historical Comparison

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Cost Estimate Methods

Square Footage

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Basis of Payment

Stipulated Price or Lump Sum

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Unit Price

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Cost-Plus Fee

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

Cost-Plus Free w/ GMP

A

How well did you know this?

1

Not at all

2

3

4

5

Perfectly