Quantification and Costing of Construction Works - Level 1 Flashcards
1
Q
Tell me about two methods of costing you are aware of.
A
2
Q
What are standard methods of measurements?
A
3
Q
What are pricing books?
A
4
Q
What pricing books are you aware of?
A
5
Q
What standard methods of measurement are you aware of and what are they used for?
A
6
Q
What is the advantage you will have by preparing a BoQ based on a standard method of measurement?
A
7
Q
Why is a standard method of measurement required?
A
8
Q
When are approximate quantities to be used?
A
9
Q
What is a functional unit?
A
10
Q
Tell me what you know about the NRM suite of documents?
A
11
Q
Tell me how the NRM differs from the Standard Method of Measurement of Building Works 7th edition (SMM7)
A
12
Q
When was NRM last updated and what changes were made?
A
13
Q
What are the main benefits of NRM2?
A
14
Q
Tell me what the main aim of NRM3 is.
A
15
Q
Name three factors that affect the accuracy of an estimate.
A
16
Q
What do NRM1, 2 and 3 all relate to?
A
17
Q
What are the New Rules of Measurement (NRM)?
A
18
Q
What level of fees should you allow within a cost plan?
A
19
Q
What are the 4 stages of cost planning under NRM 1?
A
20
Q
How is risk dealt with within NRM 1?
A
21
Q
How is inflation dealt with within NRM 1?
A
22
Q
Why do we have NRM?
A
23
Q
What are the benefits of NRM?
A
24
Q
What could you use for measuring builders’ quants?
A
25
How is risk dealt with under NRM?
26
What is ICMS?
27
When was it introduced?
28
What did it introduce?
29
What is the aim of it?
30
When was ICMS last updated?
31
What changes were made?
32
What is the current ICMS edition?
33
What is a cost classification system?
34
What changes may be made in the next edition?
35
What is CESMM and POMI?
36
When might you use these?
37
How have you valued works for interim payments change and final accounts?
38
What is the purpose of measurement?
39
Why is there a need for a standardised approach to measuring?
40
In what different ways can floor areas be measured and reported?
41
Explain your understanding of the build-up of unit rates and prices from first principles i.e. labour
42
How do you build-up of costs in respect of preliminaries?
43
Why would you not simply apply a % addition?
44
How do you quantify overheads and profit?
45
How do you quantify risk and calculate risk allowances?
46
How do you forecast tender and construction inflation?
47
Why is it important to understand the description that accompanies numeric data?
48
Why is important to have a knowledge of the different categories of measurement?
49
Explain the following terms; floor area functional unit
50
How is an Order of Cost Estimate prepared?
51
When might you prepare a cost estimate during the different stages of design?
52
What is the purpose of order of Order of Cost Estimates?
53
What is the purpose of an order of cost estimate?
54
What are the sources of cost data that are often used to prepare estimates?
55
At what stage do the order of cost estimates get carried out?
56
Who needs an order of cost estimate?
57
What types of Order of Cost Estimate are you aware of?
58
Explain your understanding of the following; feasibility budget and pre-tender estimates.
59
What information do you need to be able to carry out a feasibility estimate?
60
What is the typical % error on a feasibility estimate?
61
What bases of an estimate are you aware of?
62
How does the NRM approach measurement for order of cost estimates?
63
Name the main elements of an elemental estimate?
64
How would you prepare an estimate for M&E works?
65
Explain the following; functional unit rate elemental and detailed quantities.
66
What are the components of an estimate?
67
What is usually excluded from an order of cost estimate?
68
How do you source use and adjust cost data?
69
What benchmarking techniques do you use?
70
How do you report cost estimates?
71
What are the cost estimating stages?
72
What is the difference between a cost estimate a cost plan and a cost analysis?
73
How do you calculate unit rates for items from first principles?
74
What location factors are you aware of?
75
What is a base date?
76
What construction and tender inflation do you utilise?
77
Explain site/location specific conditions e.g. ground conditions and site constraints
78
How does the programme affect cost estimating?
79
What sustainability requirements professional and statutory fees
80
Explain your application of risk allowances.
81
What would you include and exclude when cost estimating?
82
What is cost planning?
83
Give some examples of why a project might have a cost overrun?
84
What is the purpose of cost management?
85
What are the main tasks of the cost manager?
86
What are some of the reasons we have cost overrun?
87
What stages of construction would involve cost planning?
88
How would you prepare issue and present cost plans?
89
What is the purpose of elemental cost planning?
90
How would you set a budget?
91
What are the components of an elemental cost plan?
92
What is a cost plan?
93
What are the main objectives of cost planning?
94
What are the different types of cost plan?
95
What would you do if the cost plan is over budget?
96
What is elemental cost planning?
97
Explain the following terms; cost limit cost target
98
What sources of data do you use in cost planning?
99
What benchmarking techniques do you use in cost planning?
100
What is value management value engineering and life cycle costing?
101
What techniques have you used for these?
102
What factors affect the cost efficiency of a design e.g. wall / floor ratio and storey heights?
103
How do you report cost plans?
104
What items should be listed under the estimating element?
105
Explain how cost planning relates to the RIBA or other design stages.
106
Where does cost planning start in the RIBA plan of work?
107
What is usually excluded from a cost plan?
108
What is a base cost estimate?
109
Does a cost plan benefit designers?
110
What benefits do clients get out of cost planning?
111
How did you develop your initial cost plan through the pre-tender phase of the project ensuring all parties understand the financial position of the project?
112
How can the QS help control the design to keep within budget?
113
How would you identify risk within the cost plan?
114
What risk allowances does the NRM recommend should be included within a cost plan?
115
Do you need a drawing to complete a cost plan?
116
Tell me about your understanding of RICS Property Measurement.
117
When would you use NIA as a measurement basis?
118
When would you use GIA as a measurement basis?
119
When would you use GEA as a measurement basis?
120
Tell me about what is included in NIA/GIA/GEA?
121
What measurement basis would you use for office property?
122
What measurement basis would you use for industrial property?
123
What measurement basis would you use for retail property?
124
How does RICS Property Measurement differ from the former Code of Measuring Practice?
125
Why is accuracy important when you measure buildings?
126
Tell me about how you use floor plans to facilitate measuring buildings?
127
How do you calibrate a laser measurer?
128
Why do you take check measurements?
129
Tell me about a strength and weakness of a measuring technique you have used.
130
When would you use a tape measure?
131
When would you use a trundle wheel?
132
What is a potential source of error when measuring?
133
What is IPMS?
134
Why has IPMS been introduced?
135
What IPMS bases are you aware of and how would you apply one of them?
136
What building types does IPMS relate to?
137
What is dual reporting and when would you use it?
138
What are limited use areas and how do you report these?
139
What is the internal dominant face?
140
How has IPMS been incorporated into Property Measurement?
141
What are the differences between a defined and an undefined lump sum?
142
Explain what BCIS Standard Elemental Cost Plans are used for.
143
What would you find in one of these?
144
What is the importance of standard methods of measurement?
145
What did you learn are the fundamentals of quantification? - How do you use this through the delivery of a project?
146
What guidance does NRM 2 provide for quantification and costing?
147
How are the measurement rules defined?
