Practice Using Literature For Estimates (5.2.2) - Construction Methods and Equipment Management

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10 questions

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6 sample questions

Question 1.
What are operating costs?
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Think about when costs apply.
Question 2.
Name a component of operating costs.
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Consider what is used during operation.
3Question 3.
What are operating costs?
- Depend on usage
- Stay constant
- Only for ownership
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Think about costs when machines are actually working.
4Question 4.
True or False: Ownership costs are fixed, regardless of equipment use.
- True
- False
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Consider what it means to own equipment.
Question 5.
Estimate the operating costs for a project using both the Caterpillar and Peurifoy methods given a consistent usage pattern.
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Look for consistency in your estimates.
Question 6.
Discuss how changing job conditions can alter estimations of operating costs and provide examples.
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Compare different scenarios to illustrate your points.

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