Practice Test Geeks(CCS) Certified Construction Specifier Practice Test
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Cost Estimation Flashcards

7 cards from real CCS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. Which estimating method applies historical cost-per-unit data (e.g., cost per hospital bed) to quickly project total project cost?

    Answer: Parametric estimating

    Parametric estimating uses statistical relationships between historical data and project parameters such as capacity or size to produce rapid early-stage cost forecasts.

  2. A construction specifier is preparing a cost plan at the schematic design phase. Which CSI MasterFormat level is most appropriate for organizing cost data at this stage?

    Answer: Level 1 — Divisions only

    At schematic design, broad Division-level (Level 1) cost groupings align with the limited design definition available and provide appropriate cost framework.

  3. The term 'allowance' in a construction cost estimate refers to:

    Answer: A sum set aside for work not fully defined at the time of bidding

    An allowance is a specified amount included in the contract sum to cover the cost of prescribed items whose scope has not yet been fully determined.

  4. Which factor MOST directly causes a 'basis of estimate' document to be prepared alongside a cost estimate?

    Answer: To document assumptions, exclusions, and accuracy range so reviewers can interpret the estimate

    A basis of estimate captures the assumptions, inclusions, exclusions, and expected accuracy range, enabling informed review and future updates.

  5. In life-cycle cost analysis, 'present value' discounting is used to:

    Answer: Convert future costs to equivalent today's dollars for apples-to-apples comparison

    Discounting future costs to present value allows decision-makers to compare options with different cash-flow timing on a consistent economic basis.

  6. When estimating masonry work, a specifier must account for 'waste factor.' For standard brick coursing, an industry-typical waste allowance is approximately:

    Answer: 5–10%

    A 5–10% waste factor is commonly applied to brick quantities to account for breakage, cuts, and handling losses on standard masonry installations.

  7. Which document type published by CSI provides standardized cost data formats that align with MasterFormat to support consistent cost reporting?

    Answer: UniFormat

    UniFormat organizes construction costs by functional building elements (systems) rather than products, enabling early-stage cost estimating before specifications are written.