Practice Test Geeks(CDT) Certified Drafting Technician Practice Test
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Cost Estimation & Budgeting Flashcards

7 cards from real CDT practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Cost Estimation & Budgeting flashcards as text

  1. Which estimating method divides a project into its smallest measurable components and prices each individually?

    Answer: Detailed quantity takeoff

    A detailed quantity takeoff breaks the project into individual components, measures each, and applies unit costs for the most accurate estimate.

  2. When preparing a cost estimate for a structural steel project, what is the primary purpose of including a contingency allowance?

    Answer: To account for unforeseen conditions and scope changes

    Contingency allowances are included to cover unforeseen conditions, minor scope changes, and uncertainties that are difficult to price at estimate time.

  3. A drafter is preparing a bill of materials for a mechanical assembly. Which document most directly supports accurate cost estimation of fasteners and hardware?

    Answer: Parts list / BOM

    The Bill of Materials (BOM) lists every component, quantity, and specification, enabling precise procurement cost estimation for fasteners and hardware.

  4. In construction cost estimating, what does the term 'allowance' typically represent?

    Answer: A budgeted sum for items not fully defined at estimate time

    An allowance is a budgeted sum set aside for items whose full scope or specifications are not yet defined, such as owner-selected fixtures.

  5. Which type of cost escalates proportionally as more units of a product are manufactured?

    Answer: Variable cost

    Variable costs, such as raw materials and direct labor, increase in direct proportion to the number of units produced.

  6. A drafting technician needs to estimate the sheet metal required for HVAC ductwork. Which measurement is most critical for an accurate material takeoff?

    Answer: Surface area of duct surfaces

    Sheet metal quantity for ductwork is calculated from the surface area of all duct faces, which determines how many square feet of material are needed.

  7. What is the effect of 'economy of scale' on per-unit manufacturing costs as production volume increases?

    Answer: Per-unit cost decreases

    Economy of scale means fixed costs are spread across more units, reducing the per-unit cost as production volume increases.