When using the assemblies cost estimating method, what is the primary advantage over detailed unit cost estimating?
Correct Answer
B) It reduces estimating time while maintaining reasonable accuracy
The assemblies method groups related components together (like wall assemblies), which speeds up the estimating process while still providing good accuracy for conceptual estimates. It's faster than detailed takeoffs but more accurate than square foot methods.
Why This Is the Correct Answer
The assemblies cost estimating method's primary advantage is that it significantly reduces the time required for estimating while maintaining reasonable accuracy for preliminary and conceptual estimates. This method groups related building components together (such as exterior wall assemblies that include framing, sheathing, insulation, and siding) rather than estimating each individual component separately. It strikes an optimal balance between the speed of square footage methods and the accuracy of detailed unit cost estimating, making it ideal for early project phases when quick but reasonably accurate estimates are needed.
Why the Other Options Are Wrong
Option A: It provides more accurate material quantities
While assemblies estimating provides good accuracy, it doesn't necessarily provide more accurate material quantities than detailed unit cost estimating - in fact, detailed estimating typically provides more precise material quantities since it breaks down every individual component
Option C: It eliminates the need for contingency allowances
The assemblies method does not eliminate the need for contingency allowances - contingencies are still necessary to account for unforeseen conditions, design changes, and market fluctuations regardless of the estimating method used
Option D: It automatically includes all labor productivity factors
Assemblies estimating does not automatically include all labor productivity factors - these factors must still be considered and applied by the estimator based on project conditions, crew experience, and site factors
More Contract Admin Questions
A project experiences a 30-day delay due to unusually severe weather. The contract includes a liquidated damages clause of $1,000 per day for delays. If the weather delay is excusable but not compensable, what liquidated damages apply?
A commercial project requires a total of 12 inspections. The building department charges $85 per inspection for the first 5 inspections, $65 for inspections 6-10, and $45 for any additional inspections. What is the total inspection fee?
What document must be posted at the job site before a Certificate of Occupancy can be issued for a commercial building?
A mixed-use development requires a variance for reduced setbacks. The property is located within 500 feet of a hospital. What additional consideration must be addressed?
A LEED project requires tracking of regional materials. Materials are considered regional if they are extracted, harvested, or recovered, as well as manufactured within what distance of the project site?
People Also Study
Business & Financial Management
120 questions · 70% to pass
Project Management
60 questions · 70% to pass
Previous Question
What is the primary difference between substantial completion and final completion?
Next Question
For a 15-story high-rise project valued at $45 million, the permit fee is $15 per $1,000 of construction value for the first $10 million, then $10 per $1,000 for the remainder. What is the building permit fee?