The GATE Grind

GATE 2024 CE (CE1) – Question 16

Construction Management · Types of construction projects, estimation and costing, analysis of rates · 1 mark · Multiple choice

Consider the statements P and Q.
P: Client's Preliminary Estimate is used for budgeting costs toward the end of planning and design phase.
Q: Client's Detailed Estimate is used for controlling costs during the execution of the project.

Which one of the following options is CORRECT?

  1. Both P and Q are TRUE
  2. P is TRUE and Q is FALSE
  3. Both P and Q are FALSE
  4. P is FALSE and Q is TRUE

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Correct answer: (A) Both P and Q are TRUE

Explanation

The preliminary estimate is prepared at the end of planning and design and is used for budgeting. The detailed estimate is prepared with the final design and is used as the baseline to control the cost during execution. Both statements are true.