Preview Questions Quantity Surveyor | Role Specific Skill

Question 1: How does Earned Value Management (EVM) assist in controlling project costs and schedules?

Which action should you take?

Choose only one option

It provides a list of completed tasks and their costs

It compares planned progress to actual progress to identify deviations

It calculates the cost of resources based on labor rates

It sets a fixed budget for the project phases

Question 2: How does a quantum analysis aid in the assessment of cost overruns?

Which action should you take?

Choose only one option

It helps reduce material costs

It only tracks subcontractor labor costs

It determines the value of work completed and any changes in quantities or scope

It provides a rough estimate of the cost

Question 3: What is the role of quality control documentation in a construction project?

Which action should you take?

Choose only one option

To keep track of the contractor's work hours

To ensure that the construction meets the required standards and specifications as per contract

To schedule project milestones

To manage contractor disputes

Question 4: How should a Quantity Surveyor handle claims for variations made by the contractor during the construction phase?

Which action should you take?

Choose only one option

Ignore variation claims if the contract is near completion

Automatically approve any variation request submitted by the contractor

Reject all variation claims to avoid project delays

Verify that the variation is within the scope of the contract and approve if valid

Question 5: How does inflation affect cost estimation, and how should it be incorporated into a long-term project budget?

Which action should you take?

Choose only one option

By applying an inflation factor to all material, labor, and equipment costs

By calculating inflation rates based on government indices

By including a fixed percentage increase for labor only

By increasing only the material cost estimates and leaving other costs unchanged

Question 6: How do you incorporate market fluctuations into a cost estimate for a construction project over an extended period?

Which action should you take?

Choose only one option

By assuming that market conditions will remain stable throughout the project

By relying solely on initial market data and ignoring fluctuations

By only adjusting estimates for major cost categories like materials

By using dynamic cost forecasting tools and adjusting estimates periodically based on market conditions