Quantification and Costing of Construction Works (Part 1) Quiz

What does the competency of Quantification and Costing of Construction Works cover?

• Measurement and definition of construction works to value works and control costs

• Legal aspects of construction contracts

• Design and architecture of construction projects

• Financial management of completed construction projects

What is the importance of quantification of construction works?

• It is mainly used for marketing purposes

• It is only important for post-contract stage

• It is essential for preparing estimates and cost plans

• It has no significant role in construction projects

What skills are vital for quantification of construction works?

• Expertise in architectural design and planning

• Understanding of construction technology and basic math skills

• Knowledge of legal regulations and marketing strategies

• Experience in project management and negotiation skills

What is the purpose of standard methods of measurement in construction?

• To determine the aesthetic appeal of construction projects

• To ensure compliance with environmental regulations

• To regulate the working hours of construction workers

• To provide a uniform basis for producing estimates and pricing documents

Where can pricing information for construction works be obtained from?

• BCIS, Pricing Books, Previous projects / tendered rates

• Social media platforms, Online forums, Personal blogs

• Government websites, Academic journals, Research papers

• Television commercials, Radio advertisements, Billboards

What is the recommended method for learning how to measure construction activities?

• Watch how things are done on-site, Learn from more experienced QS’s, YouTube videos

• Read textbooks, Attend seminars, Take online quizzes

• Consult fortune tellers, Use magic spells, Seek advice from astrologers

• Guess randomly, Flip a coin, Close your eyes and point to an option

What is the primary source of benchmark information for various types of projects in the construction industry?

• Social media platforms

• Previous projects / tendered rates

• Pricing Books

• BCIS - Building Cost Information Services

What is the role of quantification competency in the financial management of contracts?

• It is only relevant for pre-contract work

• It has no impact on the financial aspects of contracts

• It serves as a basis for the financial management of contracts

• It is mainly used for marketing purposes

What is the purpose of the New Rules of Measurement 2 in the construction industry?

• To cover general construction work and replace the SMM7

• To regulate the working hours of construction workers

• To ensure compliance with environmental regulations

• To determine the aesthetic appeal of construction projects

What is the significance of understanding the principles of quantification and costing of construction works?

• It is mainly used for marketing purposes

• It is only relevant for post-contract stage

• It has no impact on construction projects

• It is important for the financial management of contracts