Preview Questions Quantity Surveyor | Role Specific Skill

Question 1: How does qualitative risk analysis differ from quantitative risk analysis in construction risk management?

Which action should you take?

Choose only one option

Quantitative risk analysis is used exclusively for financial risks

Qualitative risk analysis uses financial projections

Qualitative risk analysis focuses on subjective assessments of risks

Qualitative risk analysis applies only to large projects

Question 2: What is the key benefit of using software tools for cost estimation in large construction projects?

Which action should you take?

Choose only one option

They automate calculations and provide accurate cost breakdowns

They ensure that all items are standardized across all contractors

They increase project flexibility by allowing for real-time adjustments

They offer prebuilt templates that speed up the estimation process

Question 3: What is a significant challenge when dealing with international tenders in the construction industry?

Which action should you take?

Choose only one option

Currency fluctuations

Local labor market differences

Legal compliance with local regulations

All of the above

Question 4: In contract administration, which of the following documents is crucial for managing project scope and changes effectively?

Which action should you take?

Choose only one option

Project schedules

Site inspection reports

Variation orders

Risk assessments

Question 5: How can a quantity surveyor ensure effective risk management in large, complex construction projects?

Which action should you take?

Choose only one option

By transferring all risks to contractors

By developing a detailed risk management plan

By focusing only on project costs and schedules

By allowing flexibility in timelines to accommodate risks

Question 6: In managing a construction contract, which action should be taken when a contractor fails to meet agreed-upon milestones?

Which action should you take?

Choose only one option

Extend the deadline without consequences

Increase payments to incentivize progress

Reassign project responsibilities to the contractor

Issue a formal notice of default and request corrective action