Project Planning and Estimating Flashcards
7 cards from real Civil Engineering PE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Planning and Estimating flashcards as text
A highway project estimate uses parametric estimating at $2.5 million per lane-mile. For a 4-lane, 8-mile project, what is the estimated cost?
Answer: $80 million
Cost = $2.5M/lane-mile × 4 lanes × 8 miles = $2.5M × 32 lane-miles = $80 million.
The Estimate to Complete (ETC) using the typical EVM formula assuming past CPI will continue is:
Answer: ETC = (BAC - EV) / CPI
ETC = (BAC - EV) / CPI assumes the remaining work will be performed at the same efficiency as work completed to date.
A construction manager uses the S-curve on a project. What does the S-curve represent?
Answer: Cumulative planned versus actual cost or work over time
An S-curve plots cumulative cost or work over time, typically forming an S-shape due to slow start, rapid mid-project progress, and tapering completion.
Which procurement strategy is best suited for a complex project where the scope cannot be fully defined at the outset?
Answer: Cost reimbursable contract
Cost reimbursable contracts allow work to proceed and scope to be refined as the project develops, with the owner bearing cost risk.
In resource leveling, the primary goal is to:
Answer: Eliminate resource over-allocations while minimizing schedule impact
Resource leveling adjusts start and finish dates to resolve resource conflicts and over-allocations, often extending the project schedule.
A bid bond submitted with a construction bid typically guarantees that the bidder will:
Answer: Enter into a contract and provide performance/payment bonds if awarded
A bid bond ensures the bidder will execute the contract and furnish required performance and payment bonds if their bid is accepted.
The critical chain project management method differs from CPM primarily because it:
Answer: Accounts for resource constraints and uses buffers rather than individual activity float
Critical chain focuses on resource-constrained scheduling and uses project buffers and feeding buffers instead of padding individual activity durations.