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1) Which of the following statements is NOT correct? A. Project (or job) overhead cost estimate is for cost items which are incurred for a

1) Which of the following statements is NOT correct?

  • A. Project (or job) overhead cost estimate is for cost items which are incurred for a specific project, but not for a specific work items in the project.
  • B. Supervision cost is estimated by salary amounts of the employees who are assigned to a specific project and time when the employees are going to work for the project.
  • C. Project overhead cost should be estimated after a project schedule and site logistics plan are prepared.
  • D. All cost items for a project overhead cost should be identified and individually estimated, specifically for large projects.

2) When you estimate project overhead cost for a construction project, which division in the CSI MasterFormat should be referred to mostly?

  • A. Division 00- Procurement and Contracting Requirements
  • B. Division 01- General Requirements
  • C. Division 02- Existing Conditions
  • D. Division 03- Concrete

3) Which of the followings should be considered as a project overhead cost item?

  • A. Cost for participation in college career fairs to recruit future employees
  • B. Cost for signage for a specific project
  • C. Cost for a crane which is going to be used by the roofing subcontractor exclusively
  • D. Cost for the computer network system used by the HR department in the general contractors headquarter office

4)Which of the following project overhead cost items is NOT affected by the duration of a project?

  • A. Temporary utility costs
  • B. Construction temp. fencing
  • C. Cost for dumpsters
  • D. Cost for project supervision

5) If a project trailer is vandalized, which of the following type of insurance would cover the claim?

  • A. Errors and omissions
  • B. Builders risk
  • C. Property insurance
  • D. General liability

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