10+ Assistant Costing Manager Interview Questions and Answers

Maintain professionalism and politely decline the gifts to avoid any conflicts of interest.

• Politely thank the contractor for the gesture but explain that company policy prohibits accepting gifts.

• Suggest alternative ways the contractor can show appreciation, such as writing a thank-you note or providing feedback on their work.

• If the contractor insists on giving a gift, inform a supervisor or HR department for further guidance.

• Maintain a professional relationship with the contr...read more

Various insurances in construction include general liability, workers' compensation, builder's risk, and professional liability.

• General liability insurance covers property damage and bodily injury caused by the construction project.

• Workers' compensation insurance provides benefits to employees who are injured on the job.

• Builder's risk insurance covers damage to the construction project itself, such as from fire or theft.

• Professional liability insurance protects against claims...read more

Deductions for a 135 degree bend in a steel bar are calculated based on the length of the bend and the diameter of the bar.

• Calculate the length of the bend using trigonometry

• Determine the additional material required for the bend

• Consider any potential waste or scrap material

• Factor in labor costs for bending the bar

BBS stands for Bill of Bills, which is a detailed list of materials needed for a project. It is prepared by estimating quantities and costs of materials.

• Start by identifying all the materials required for the project

• Estimate the quantities needed for each material based on project specifications

• Determine the unit cost of each material and calculate the total cost for each item

• Sum up the total costs to get the overall project cost

• Check for accuracy and completeness of the BBS ...read more

The thickness for the first coat of plaster is typically around 10mm to 15mm.

• The thickness of the first coat of plaster is important for achieving a smooth and even finish.

• It is recommended to apply the first coat of plaster at a thickness of 10mm to 15mm.

• The thickness may vary depending on the type of plaster being used and the surface being plastered.

• A thicker coat may be needed for uneven surfaces or to cover imperfections.

• It is important to follow manufacturer's guideline...read more

Deductions in RA bills refer to reductions in the amount billed by a healthcare provider to an insurance company or patient.

• Deductions can include contractual adjustments, co-payments, coinsurance, and deductibles.

• Contractual adjustments are negotiated discounts between the provider and the insurance company.

• Co-payments are fixed amounts that patients are required to pay for certain services.

• Coinsurance is a percentage of the total cost of a service that the patient is respon...read more

Rate analysis of Graniteworks involves determining the cost of materials, labor, and overhead for producing granite products.

• Calculate the cost of raw materials needed for granite production

• Determine the labor costs involved in cutting, shaping, and finishing the granite

• Factor in overhead costs such as utilities, rent, and equipment maintenance

• Consider any additional costs such as transportation or packaging

• Compare the total costs to the selling price to determine profitabili...read more

BOQ preparation involves creating a detailed list of items, quantities, and costs for a construction project.

• Gather all necessary information such as drawings, specifications, and cost data

• List out all materials, labor, equipment, and other costs required for the project

• Calculate quantities based on project requirements and specifications

• Assign unit costs to each item and calculate total cost for each

• Ensure accuracy and completeness of the BOQ before submission

Waterproofing rate refers to the cost per unit area for applying waterproofing materials to a surface.

• Waterproofing rate can vary depending on the type of waterproofing material used (e.g. liquid membrane, bituminous membrane, etc.)

• Factors such as surface preparation, labor costs, and project size can also impact the waterproofing rate

• Calculating the waterproofing rate involves dividing the total cost of materials and labor by the total area to be waterproofed