Cost Estimation Engineer Interview Questions and Answers

The total cost of a residential building per built up area depends on various factors such as location, materials used, labor costs, and amenities.

• Total cost = Cost of land + Cost of construction + Cost of amenities

• Cost of land can vary greatly depending on location and size of the plot

• Cost of construction includes materials, labor, and overhead expenses

• Cost of amenities such as landscaping, parking, and utilities should also be considered

• Example: In a high-end neighborhood, ...read more

The rate of Mivan shuttering per Sqm includes both material and labor costs.

• The rate of Mivan shuttering per Sqm can vary depending on factors such as location, project size, and contractor rates.

• Material costs for Mivan shuttering may include aluminum formwork panels, pins, wedges, and other accessories.

• Labor costs for Mivan shuttering involve the installation, dismantling, and maintenance of the formwork system.

• For example, in a particular project, the rate of Mivan shutter...read more

The thumb rule for calculation of mivan shuttering per sqft of built up area is typically around 0.15 to 0.20 sqft per sqft of built up area.

• The thumb rule for mivan shuttering is generally around 0.15 to 0.20 sqft per sqft of built up area.

• This rule may vary depending on the complexity of the structure and other factors.

• For example, for a simple structure, the mivan shuttering calculation may be closer to 0.15 sqft per sqft of built up area.

• However, for a more complex struct...read more

Cost calculation per built up area of Civil works involves determining the total cost of construction per unit area.

• Calculate the total cost of construction including materials, labor, equipment, and overhead expenses.

• Divide the total cost by the built up area to get the cost per unit area.

• Consider factors such as site conditions, complexity of design, and local market rates.

• Example: Total cost of construction is $100,000 for a built up area of 2000 sq. ft. Cost per unit area...read more

ERP systems are commonly used in Real Estate for management budgeting.

• ERP systems help in integrating financial data for better budgeting and forecasting in Real Estate.

• They streamline processes like expense tracking, revenue management, and financial reporting.

• Examples of ERP systems used in Real Estate include Yardi, MRI Software, and RealPage.

• These systems provide real-time insights and analytics to make informed budgeting decisions.

Tool room machines are used for manufacturing and repairing tools, dies, and molds.

• Tool room machines include milling machines, lathes, grinders, and EDM machines.

• Processes include cutting, shaping, drilling, and grinding.

• Examples of tool room machines are Bridgeport milling machine, CNC lathe, surface grinder.

• Tool room machines are essential for precision engineering and manufacturing industries.

Lap zone in column refers to the overlapping region where two reinforcement bars are spliced together.

• Lap zone is typically located in the middle third of the column height for better load distribution.

• Proper lap length and lap splice configuration are crucial for structural integrity.

• Lap splices are commonly used in reinforced concrete columns to achieve required strength.

• Lap length is determined based on the diameter of the reinforcement bars and the structural design requi...read more