Textbook Exam Chapters 1-17
Questions with Correct Answers
What is the best skill essential to a project managers success that will result in a "best
solution" outcome? - ANSWERSProblem Solving
Cost control involves the use of "comparisons" to indicate the need to do what? -
ANSWERSChange methods, change techniques, or change crew composition to earn
profit
What are the 5 phases of the construction process? - ANSWERSPredesign, Design,
Bid/Award, Construction, Post Construction
Which of the following is a fundamental element of a contract?
A. Time extension
B. Revised Scope of work
C. Mutual acceptance
D. Exchange of money - ANSWERSB. Revised Scope of Work
Which of the following contract types have the most risk for the contractor?
A. Lump Sum
B. Unit Price
C. Cost plus
D. Cost plus GMP - ANSWERSA. Lump Sum
Which of the following contract types are best used if the scope is defined but not the
quantities of material?
A. Unit Price
B. Lump Sum
C. Cost Plus
D. Cost Plus GMP - ANSWERSA. Unit Price
What is the advantage of forming a corporation?
A. Value of corporation can't go down from initial purchase price
B. Reduced personal liability of shareholders
C. Less taxes paid than limited liability corporation
D. Quick decision making especially for large companies - ANSWERSB. Reduced
personal liability of shareholders
In the construction industry, which legal entity is often a temporary arrangement?
,A. Partnership
B. Sole proprietorship
C. Limited liability corporation
D. Joint ventures - ANSWERSD. Joint ventures
True/False: The traditional project delivery system, also frequently referred to as
"design-bid-build" has been the most used project delivery system since the late 1800s -
ANSWERSTrue
True/False: In the traditional project delivery system, the contractor is responsible for
providing the labor, material, equipment, and construction documents, based on the
owner's needs. - ANSWERSFalse
True/False: In the traditional project delivery system, the capital projects officer is
concerned primarily with the disbursement of funds for the project. - ANSWERSFalse
True/False: In the CM delivery system, the design manager is responsible for the
coordination of shop drawings, submittals, layout, subcontractor organization, payment
verification, and whatever duties are assigned by the construction superintendent or
construction administrator. - ANSWERSFalse
True/False: The Engineering-Procurement-Construction (E-P-C) system is a common
delivery system for light construction facilities. - ANSWERSFalse
True/False: CM-at-Risk is similar to the GMP arrangement in the traditional system,
except that the construction manager is involved in the conception and design of he
project rather than entering after the completion of the contract documents. -
ANSWERSTrue
True/False: In an Agency CM contracting arrangement, the construction manager does
not have design or construction responsibilities. - ANSWERSTrue
True/False: In the Agency CM delivery system, the architect has a contract with the CM,
but all prime contractors have contracts only with the Owner. - ANSWERSFalse
True/False: Some design-build firms contract out both the architectural and construction
services components of a project. - ANSWERSTrue
True/False: One design-build delivery system is a hybrid of the others where a design
and contracting firm form a joint venture/partnership for one specific project. The
venture/partnership is usually dissolved when the project is complete. - ANSWERSTrue
The traditional contract project delivery system has three primary contractual parties:
the owner, the architect, and the ______________. - ANSWERSContractor
, The _________________ is an upper-management-level individual who is the ultimate
decision maker for the design firm on the project. - ANSWERSPrincipal-in-charge
Hourly employees who are trained to perform specific tasks are called ____________. -
ANSWERSCraftspeople
The owner's daily representative during the construction project is called
____________________. - ANSWERSThe owners project manager
Currently, the most common competitive bidding method for compensating the
contractor, while still allowing for changes to the scope of work during the construction
period is called...
A. Lump-sum contract
B. Unit-price contract
C. Cost plus, with a guaranteed maximum price
D. Cost, plus a fee - ANSWERSA. Lump-sum contract
The construction project delivery system provides a matrix of organization, with formal
and informal _______________ relationships between participants. -
ANSWERSContractural
In building construction, much of the work is accomplished by _________________ who
have an agreement with the contractor to complete a specific portion of the work
covered by the contractor's contract requirements. - ANSWERSSpecialty
Subcontractors
In the traditional delivery system, subcontractors should not communicate directly with
the architect but should approach the contractor's project manager or
________________________. - ANSWERSSuperintendent
The CM delivery system that has the several prime contractors contracting directly and
separately with the Owner and the construction manager in an advisory rule only
providing construction administration for the owner is called a
______________________. - ANSWERSMultiple Prime Contracting Arrangement
In the design-build delivery model, communication typically flows between the Owner's
representative and the design-build firm's ________________. - ANSWERSProject
Manager
Under what legal entity are the most amount of total taxes paid? -
ANSWERSCorporation
Which delivery method is the construction administrator most like a consultant? -
ANSWERSCM Agency
Which statement is true about the Design-Build delivery method?