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WorksheetsCE Quiz Challenge
Total questions: 10
Worksheet time: 5mins
To do an estimate, for which kind of plant - the Lang Factor of 4.74 x delivered equipment cost can be applied to?
Solid
Fluid
Semi-Fluid
For Budget Authorization, the right class of estimate should be
Class 4
Class 3
Class 2
Class 1
Simulate and Optimise the Cost is in which PDCA phase?
Plan
Do
Act
Check
At Class 4, most of the Project and Engineering Deliverables Maturity are at...
Project - Defined, Engineering - Complete
Project - General, Engineering - None
Project - Preliminary, Engineering - Started
Project - Preliminary, Engineering - Complete
Using capacity factor n = 0.6, the cost for 120ktpa from a 100ktpa plant with known cost of USD 100 mil is
USD 120 mil
USD 112 mil
USD 116 mil
USD 115 mil
The Class 5 estimate is also known as all the names below EXCEPT:
Order of Magnitude
Rule of Thumb
Ballpark
Screening
Equipment factored is the methodology for which class of estimate?
Class 2
Class 3
Class 4
Class 5
Review and Document the cost estimate is in which PDCA phase?
Plan
Do
Act
Check
A change order estimate is categorized under which class of cost estimate?
Class 5
Class 4
Class 3
Class 1
How many classes of cost estimates according to PPMS and AACEI?
1
3
5
7
