Preview Questions Quantity Surveyor | Role Specific Skill

Question 1: When preparing a tender price, how do you ensure that overhead and profit margins are accurately calculated?

Which action should you take?

Choose only one option

By analyzing market trends and applying standard margins

By reviewing historical overheads and adjusting for project specifics

By applying a fixed percentage of the direct costs

By calculating overheads per resource and applying to the project

Question 2: Which of the following cost estimation methods is most accurate for highly complex projects with detailed designs and specifications?

Which action should you take?

Choose only one option

Square foot method

Preliminary estimate method

Detailed estimate method

Order-of-magnitude method

Question 3: What role does a Quantity Surveyor play in value engineering as part of the cost control process?

Which action should you take?

Choose only one option

Manage the overall timeline of the project exclusively

Approve all design changes submitted by the contractor without evaluation

Reject any changes to the design that impact costs

Ensure that cost-effective alternatives are considered for design and construction

Question 4: In construction cost control, what is the role of cash flow projections in the early stages of a project?

Which action should you take?

Choose only one option

To minimize the contractor's upfront payment requirement

To determine the total project cost at completion

To forecast labor costs during the construction process

To ensure that project financing aligns with spending needs

Question 5: What is the role of inflation when considering future cost estimates in a long-term construction project?

Which action should you take?

Choose only one option

It affects material and labor costs, which are adjusted for projected inflation

It does not affect cost estimation

It only affects overhead costs

It is only considered in international projects

Question 6: What is the primary challenge of estimating costs in highly complex construction projects?

Which action should you take?

Choose only one option

Forecasting future market conditions

Lack of reliable data for materials

Managing scope creep and unforeseen site conditions

The difficulty in calculating overhead and labor costs