Cost Planning Quiz

What is one of the learning outcomes of the course?

• Analyze project costs

• All of the above

• Prepare Preliminary estimate

• Evaluate the effect of sustainable design strategies

Which of the following is not included in the course contents?

• Budget Consideration and Site Analysis

• Comparative Analysis and Budget Management

• Cost X measurement

• Wall to Floor Ratios and Cost Efficiency

What is not the main focus of Whole Life Cycle Costing (WLCC)?

• Construction cost

• None Construction cost

• Income

• Environmental cost

What is the RIBA plan of work related to?

• Units of Measurement

• Budget Management

• Site Analysis

• Cost Planning

If a client asks 'How much will be the cost to build a Hotel?' what type of cost plan would be most relevant?

• Benchmarking and Cost Analysis

• Wall to Floor Ratios and Cost Efficiency

• Comparative cost plan

• Preliminary estimation method

Why feasibility estimate is required?

• To check Project financially viable or not?

• To prepare Schedule of Quantities

• To check final cost of the project

• None of the above

What is not the correct statement about cost plan?

• Started in initial stage of the project

• Cost controlling techniques

• Included in NZS 3910

• Core role of Quantity Surveyor

How many stages are in RIBA plan?

• 2

• 8

• 5

• 10

Schedule of Quantities is end product of cost plan

• True

• False

Elemental Cost plan is costing a design design?

• True

• False