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WorksheetsEstimating Champions Forum 2019
Total questions: 15
Worksheet time: 4mins
What is the value of forecasted QTRIP budget for 2018-19 to 2021-22 period?
$16b
$18b
$20b
$22b
What is the length of the state-controlled road network that TMR is responsible for maintaining as of 2018-19?
33,353km
41,414km
51,201km
62,123km
How many months have 28 days in them?
1
4
8
12
What statement is correct below in relation to the TMR cost estimating policy?
All QTRIP projects require P50 and P90 confidence level estimates at Business Case milestone
All QTRIP projects will require only P50 confidence level estimate at Business Case milestone
All QTRIP projects will require only P90 confidence level estimate at Business Case milestone
Provisioning of P50/P90 estimates is optional at Business Case milestone
What is the expected contingency range for a typical QTRIP project at Business Case milestone as per the current Project Cost Estimating Manual?
10% - 20%
20% - 30%
30% - 40%
40% - 70%
What is the cost escalation rate to be applied for TMR projects as published in the QTRIP Governance Principles for the 2020-21 financial year?
0.3%
1.9%
2.9%
3.8%
What is the diameter of the earth?
20,000 miles
15,000 miles
10,000 miles
8,000 miles
What statement below is true?
All TMR staff are able to create projects in OPPM environment in 3PCM solution
Creating Work Packages is discretionary prior to creating cost estimates in 3PCM Unifier
Not all TMR staff have access to the contract module of the 3PCM solution
Use of Work Flow Approval Process is optional when generating estimates in 3PCM solution
How long is New Zealand's Ninety Mile Beach?
90 miles
80 miles
70 miles
55 miles
Above what threshold value, for a project funded by the Australian Government, requires probabilistic methods to evaluate risks?
$15 million
$20 million
$25 million
$30 million
Someone who suffers from “Oneirophobia” fears of what?
Height
Dreams
Darkness
Spiders
Which cost estimating methodology is applicable for a $100m QTRIP project at Business Case milestone?
Unit Rate
Hybrid
Global
First Principles
What is the largest planet in the solar system?
Neptune
Jupiter
Earth
Mars
Which of the following statement is correct as per the TMR's Asset Accounting Policy?
PUP relocation costs of all projects should be reported as Opex
Project expenditure up to Business Case milestone should be reported as Opex
The expenditure at implementation phase only to be reported as Capex
Costs involved in project finalisation activities must be reported as Capex
The air is mostly made up of?
Oxygen
Nitrogen
Argon
Carbon Dioxide
