Construction Management Practice Test BANK FINAL EXAM /COMPLETE ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+ PASS GUARANTEED Civil Engineering

Construction Management Practice Test BANK FINAL
EXAM 2026-2027/COMPLETE ACTUAL EXAM QUESTIONS
AND CORRECT ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+ PASS GUARANTEED \ Civil Engineering



Which of the following documents determines the zero day of
the project for scheduling purposes?
(a). Proposal Form
(b). Formal contract
(c). Notice to bidders
(d). Notice to proceed


(d)


The amount held back from the payments to give the contractor an
incentive to finish the job on time is called
(a). Retainage
(b). Escrow
(c). Progress Payment
(d). Liquidated damages


(a)

,Which of the following types of contracts require the contractor to
carry the risk of increased costs
(a). Cost + %fee
(b). Cost + fixed fee
(c). Target price with profit sharing
(d). GMP


(d)


Which of the following is included in a lump sum bid price?
(a). Direct cost of construction
(b). Indirect costs of construction
(c). change orders
(d). Home office overhead


(a), (b), (d)

, Which of the following are NOT true for design bid build
project delivery system?
I. Lowest responsible price is used
II. Phased construction is possible
III. Contractor carries most of risk
IV. Designers have access to contractor's expertise


(a). I and IV
(b). II and IV
(c). II and III
(d). II, III, and IV


(b).


Why may a mobilization payment by the owner decrease the
financing cost of a project?
(a). Typically the owner's cost of borrowing money is lower
compared to the contractor
(b). due to increased value of an earlier payment
(c). Because of inflation
(d). Delayed payments won't have to be paid back.


(a)