Estimating Practice Exam

Can an estimator draft an approximate schedule for a new project that differs from previous ones?

1. Yes, always

2. No, never

3. Only for similar projects

4. Only if additional time is allocated

The correct answer is: Yes, always

An estimator can indeed draft an approximate schedule for a new project that differs from previous ones. This ability stems from the estimator’s skills in analyzing the requirements, complexities, and specific conditions of the new project. Even though the new project might not closely resemble past projects, the estimator can still apply their knowledge of project management principles, cost estimation strategies, and resource allocation techniques. Utilizing historical data and adapting it to the unique elements of the current project allows for a reasonable estimate of time and resources needed. Factors such as project scope, location, and materials can all be assessed, leading to a viable and informed schedule, even in scenarios where there are significant differences from prior projects. This adaptability is an essential quality for estimators, as construction and project management often involve varying factors that require innovative thinking rather than reliance solely on previous experiences or templates.