QS Quiz #1

What is the main focus of quantity surveying?

• Managing costs in construction

• Hiring workers

• Designing buildings

• Selling materials

What does a quantity surveyor help to ensure?

• Materials are delivered

• Workers are happy

• Buildings are painted

• Projects are completed within budget

What is one key role of a quantity surveyor?

• Selling contracts

• Designing blueprints

• Building houses

• Cost planning and management

What is a Bill of Quantities (BOQ)?

• A type of contract

• A list of materials and work needed

• A payment method

• A design plan

What does risk management involve?

• Hiring workers

• Selling materials

• Choosing colors for buildings

• Identifying financial risks

What is cost reporting?

• Managing workers

• Designing buildings

• Providing reports on cost status

• Selling contracts

What is one step in reviewing specifications?

• Sell materials

• Build the project

• Hire workers

• Check completeness

What does cash flow forecasting help with?

• Predicting the flow of funds

• Designing buildings

• Hiring workers

• Selling materials

What is a detailed estimate?

• A rough cost estimate

• A type of contract

• A precise cost estimate after designs

• A payment method

What is the purpose of contract administration?

• Building houses

• Hiring workers

• Advising on procurement methods

• Selling materials