CEPC 122-Quiz 2

Charges for civil engineering services can be determined using six different methods.

• True

• False

Fixed Price is suitable for projects with a well-defined scope and complexity.

• True

• False

The client may request maximum engineering cost estimates for budgeting purposes.

• True

• False

Value pricing is based on the civil engineer's costs.

• True

• False

Salary Cost Times Multiplier Plus Direct Non-Salary Expense is mainly based on direct salaries.

• True

• False

Hourly Billing Rate includes only direct personnel expenses.

• True

• False

Per Diem is suitable for long-term engagements involving continuous personal services.

• True

• False

Cost Plus Fixed Fee can be used when the scope of services is well-defined.

• True

• False

Fixed Price is typically used for basic services on design-type projects.

• True

• False

Percentage of Construction Cost is a commonly used method for determining engineer compensation.

• True

• False