CM 1011- Kimberly Williams Exam 1 UPDATED ACTUAL
Questions and CORRECT Answers
Sub-contractors, sub-sub-contractors and sub-sub-sub- 1st level of the secondary players
contractors under the prime contractor are
entities that directly a±ect the project and are classified
as:
What is the name of the document issued by the owner Request for Qualifications
prior to Request for proposals (RFP) to solicit
contractor or design-builder qualifications?
What are general conditions? Indirect costs incurred to construct a project and run a job
Technical specifications make up the bulk of the Project Actual construction of the project?
Manual. Whereas, the bidding documents,
general conditions, and supplemental conditions deal
primarily with administrative aspects of the
project, the specifications deal with the:
A contracting methodology in which the owner bypasses Multiple prime
the use of a general contractor and enters
into multiple separate contracts with trade or specialty
contractors for the various sections of the
work is:
Obtaining the building permit is an example of project Administrative activities
activity. This activity belongs to which type of
the three activities that are included in the typical
schedule?
Which of the following is a direct cost: D. Subcontracts
A. Job trailer
B. Bonds
C. Insurance
D. Subcontracts
Which of the following sums up the role of a field D. All of the above
engineer?
A. Works directly for the superintendent
B. Responsible for project layout and dimensional
accuracy
C. Responsible for communication with subcontractors
D. All of the above
, Which of the following contracts is the most common on D. Unit-priced
highway construction projects?
A. Lump Sum
B. Cost-plus-fee
C. Guaranteed maximum price
D. Unit-priced
A Qualification-Based Selection (QBS) is mostly used by: Private owners
All of the following are stages of building a schedule A. The plotting stage
except?
A. The plotting stage
B. The planning stage
C. The scheduling stage
D. The sequencing stage
Costs not directly attributable to any one work item, but D. All of the above
necessary if the project is to be built are
sometimes called indirect costs or project overhead
costs. These costs may include:
A. The superintendent costs
B. Onsite construction o±ice
C. Bonds and insurances
D. All of the above
What might be the consequences of an inaccurate D. B and C
estimate?
A. There are no consequences because the estimate is
not legally binding
B. If you overestimate you may not win the job
C. If you underestimate you will lose money on job
D. B and C
What of the following best defines the lead time? C. The amount of time it takes for a product or equipment to be delivered to the
A. A daily amount of money paid by the contractor to the job site
owner for each day that the project fails to meet the
adjusted
completion date
B. A tool used by estimators to organize the work of a
contract in a hierarchical fashion.
C. The amount of time it takes for a product or equipment
to be delivered to the job site.
D. A term commonly used in construction estimating to
describe the taxes, overhead, and profit added to the
estimate a²er all
other costs have been calculated.
Questions and CORRECT Answers
Sub-contractors, sub-sub-contractors and sub-sub-sub- 1st level of the secondary players
contractors under the prime contractor are
entities that directly a±ect the project and are classified
as:
What is the name of the document issued by the owner Request for Qualifications
prior to Request for proposals (RFP) to solicit
contractor or design-builder qualifications?
What are general conditions? Indirect costs incurred to construct a project and run a job
Technical specifications make up the bulk of the Project Actual construction of the project?
Manual. Whereas, the bidding documents,
general conditions, and supplemental conditions deal
primarily with administrative aspects of the
project, the specifications deal with the:
A contracting methodology in which the owner bypasses Multiple prime
the use of a general contractor and enters
into multiple separate contracts with trade or specialty
contractors for the various sections of the
work is:
Obtaining the building permit is an example of project Administrative activities
activity. This activity belongs to which type of
the three activities that are included in the typical
schedule?
Which of the following is a direct cost: D. Subcontracts
A. Job trailer
B. Bonds
C. Insurance
D. Subcontracts
Which of the following sums up the role of a field D. All of the above
engineer?
A. Works directly for the superintendent
B. Responsible for project layout and dimensional
accuracy
C. Responsible for communication with subcontractors
D. All of the above
, Which of the following contracts is the most common on D. Unit-priced
highway construction projects?
A. Lump Sum
B. Cost-plus-fee
C. Guaranteed maximum price
D. Unit-priced
A Qualification-Based Selection (QBS) is mostly used by: Private owners
All of the following are stages of building a schedule A. The plotting stage
except?
A. The plotting stage
B. The planning stage
C. The scheduling stage
D. The sequencing stage
Costs not directly attributable to any one work item, but D. All of the above
necessary if the project is to be built are
sometimes called indirect costs or project overhead
costs. These costs may include:
A. The superintendent costs
B. Onsite construction o±ice
C. Bonds and insurances
D. All of the above
What might be the consequences of an inaccurate D. B and C
estimate?
A. There are no consequences because the estimate is
not legally binding
B. If you overestimate you may not win the job
C. If you underestimate you will lose money on job
D. B and C
What of the following best defines the lead time? C. The amount of time it takes for a product or equipment to be delivered to the
A. A daily amount of money paid by the contractor to the job site
owner for each day that the project fails to meet the
adjusted
completion date
B. A tool used by estimators to organize the work of a
contract in a hierarchical fashion.
C. The amount of time it takes for a product or equipment
to be delivered to the job site.
D. A term commonly used in construction estimating to
describe the taxes, overhead, and profit added to the
estimate a²er all
other costs have been calculated.
