5.2 - Productivity and Cost Estimation
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What is equipment planning?
💡 Hint: Think about what is involved in organizing equipment for a construction project.
Name two types of costs associated with owning equipment.
💡 Hint: Consider costs incurred just from having equipment.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary purpose of equipment planning?
💡 Hint: Consider the overall goals of equipment use in construction.
True or False: Special equipment is always more cost-effective than standard equipment.
💡 Hint: Think about the long-term implications of equipment investment.
1 more question available
Challenge Problems
Push your limits with advanced challenges
You have a project requiring both earth excavation and concrete pouring. Estimate the most efficient equipment mix for these tasks, considering both cost and productivity.
💡 Hint: Think about the productivity rates and unit costs for each machinery type.
A contractor is tasked with estimating the total ownership cost of a new excavator, inclusive of depreciation and maintenance. What methodologies should they apply?
💡 Hint: Consider all aspects of cost over the lifespan of the equipment.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.