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Certified Construction Manager Study Set Questions With Complete Solutions

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Certified Construction Manager Study Set Questions With Complete Solutions

Institution
Certified Construction,
Course
Certified Construction,

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Certified Construction Manager Study Set Questions With Complete Solutions



Construction Management - (ANSWER)The practice of professional management applied to the planing,
design, and construction of projects, from inception to completion, for the purpose of controlling time,
cost, and quality



Construction Contract Administration Objectives - (ANSWER)To control: time, cost, quality, information
flow and to satisfy the Owner's goals and objectives for the project



Design Bid Build Advantages - (ANSWER)Widely applicable, understandable, owner retains control,
owner "knows" the cost prior to the start of Construction



Design Bid Build Disadvantages - (ANSWER)Relatively slow, owner is liable for the design,
constructability issues, adversarial relationships fostered



Multiple Prime Advantages - (ANSWER)Increased Owner control, work easily fast-tracked, save general
contractor markups, some states require it



Multiple Prime Disadvantages - (ANSWER)Owner has risk of controlling time and coordination, multiple
accountability for performance, unknown "final" cost at construction start, same owner risks as
traditional approach



CM at Risk Advantags - (ANSWER)Well-suited for fast-tracking, contractor (and subcontractor) input on
design alternatives, better cost info, permits "picking" of the builder



CM at Risk Disadvantages - (ANSWER)Change of CM's accountability after, GMP (guaranteed maximum
price) is signed, tempted to sign GMP "too soon", variations in procurement methods



Design-Build Advantages - (ANSWER)Accountability for project delivery, reduced disputes, can cut time
and cost, builder can have input to design/constructabibility, budget established early on



Design-Build Disadvantages - (ANSWER)Early definition of the program required, owner's loss of control
during design, potential for quality to be compromised

, Certified Construction Manager Study Set Questions With Complete Solutions



What is True concerning delivery methods? - (ANSWER)delivery methods are the forms of organizing the
construction project, all delivery methods have dissimilar risks



What delivery method can reduce and cut time the most when compared to other methods? -
(ANSWER)Design-Build



What delivery method allows the contractor(s) to provide input on design alternatives? - (ANSWER)CM
at Risk and Design-Build



With this delivery method, the owner holds contracts with the designer and several contractors. The CM
assists in scheduling the contractors. - (ANSWER)Multiple Prime



Price Competitively Bid Contract Advantages - (ANSWER)Well-known, competitive, fair and transparent,
produces "lowest" price, contractor assumes risk for completion



Price Competitively Bid Contract Disadvantages - (ANSWER)No consideration of any qualification except
price, work must be well specified



Negotiated Price Contract Advantages - (ANSWER)Best value selection, freedom to pick subcontractors,
easier choice of alternatives, opportunity NOT to pay for design errors



Negotiated Price Contract Disadvantages - (ANSWER)Potential abuse, may not be legal, requires
expertise on the part of the owner (or their consultants)



When is a reimbursable contract most appropriate and best suitable? (Fixed vs. Reimbursable) -
(ANSWER)Unknown quantities of work, risky work, work that is impossible to define



General Contractor Reimbursement Methods - (ANSWER)Lump sum, GMP (Guaranteed Maximum
Price), Unit Price, Cost Plus a Fixed Fee, Time and Materials



What are the four main delivery Contract Methods? - (ANSWER)Design Bid Build (Traditional Method),
Multiple Prime, CM at Risk, Design Build

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Institution
Certified Construction,
Course
Certified Construction,

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