Certified Construction Manager (CCM)
Examination Questions And Correct
Answers (Verified Answers) Plus
Rationales 2026 Q&A | Instant
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1.
A project has a planned value (PV) of $500,000 and an earned value (EV) of
$450,000. What is the schedule performance index (SPI)?
A. 0.90
B. 1.11
C. 0.80
D. 1.00
Rationale:
SPI = EV ÷ PV = 450,000 ÷ 500,000 = 0.90. An SPI below 1.0 indicates the project
is behind schedule, meaning less work has been completed than planned at this
point.
2.
Which contract type places the greatest cost risk on the owner?
A. Cost-plus-fixed-fee
B. Time and materials
C. Lump sum
D. Cost-plus-percentage-fee
,Rationale:
Cost-plus-percentage-fee contracts incentivize contractors to increase costs since
their fee increases with project cost. This shifts maximum financial risk to the
owner.
3.
A project’s CPI is 1.25. What does this indicate?
A. Project is over budget
B. Project is on schedule
C. Project is under budget
D. Project is ahead of schedule
Rationale:
CPI = EV ÷ AC. A CPI greater than 1.0 indicates cost efficiency, meaning the
project is achieving more value per dollar spent, hence under budget.
4.
What is the primary purpose of a construction change order?
A. To terminate a contract
B. To adjust labor productivity
C. To document safety violations
D. To formally modify contract scope, cost, or schedule
Rationale:
Change orders legally modify the original contract terms, ensuring adjustments
in scope, time, or cost are properly documented and enforceable.
5.
,Which scheduling method is most commonly used for complex construction
projects?
A. Bar chart
B. Line of balance
C. Critical Path Method (CPM)
D. Gantt summary only
Rationale:
CPM identifies task dependencies and determines the longest path of activities,
making it essential for managing complex construction sequencing.
6.
What is the main function of a construction baseline schedule?
A. To replace daily reports
B. To eliminate risk
C. To assign subcontractors
D. To serve as the reference point for project progress measurement
Rationale:
A baseline schedule provides the approved time plan against which actual
performance is measured for delays, progress, and earned value analysis.
7.
Which document defines project quality standards and requirements?
A. Safety manual
B. Cost estimate
C. Risk register
D. Quality management plan
, Rationale:
The quality management plan defines standards, procedures, and metrics
ensuring project deliverables meet specified requirements.
8.
A contract includes liquidated damages of $2,000 per day. This is intended to:
A. Reward early completion
B. Increase contractor profit
C. Cover material waste
D. Compensate the owner for delays
Rationale:
Liquidated damages are pre-agreed penalties that compensate the owner for
losses caused by contractor delays.
9.
Which risk response strategy eliminates a risk entirely?
A. Transfer
B. Mitigate
C. Accept
D. Avoid
Rationale:
Avoidance removes the risk by changing the project plan, scope, or method so
the risk condition no longer exists.
10.
What does a negative float in a schedule indicate?
Examination Questions And Correct
Answers (Verified Answers) Plus
Rationales 2026 Q&A | Instant
Download Pdf
1.
A project has a planned value (PV) of $500,000 and an earned value (EV) of
$450,000. What is the schedule performance index (SPI)?
A. 0.90
B. 1.11
C. 0.80
D. 1.00
Rationale:
SPI = EV ÷ PV = 450,000 ÷ 500,000 = 0.90. An SPI below 1.0 indicates the project
is behind schedule, meaning less work has been completed than planned at this
point.
2.
Which contract type places the greatest cost risk on the owner?
A. Cost-plus-fixed-fee
B. Time and materials
C. Lump sum
D. Cost-plus-percentage-fee
,Rationale:
Cost-plus-percentage-fee contracts incentivize contractors to increase costs since
their fee increases with project cost. This shifts maximum financial risk to the
owner.
3.
A project’s CPI is 1.25. What does this indicate?
A. Project is over budget
B. Project is on schedule
C. Project is under budget
D. Project is ahead of schedule
Rationale:
CPI = EV ÷ AC. A CPI greater than 1.0 indicates cost efficiency, meaning the
project is achieving more value per dollar spent, hence under budget.
4.
What is the primary purpose of a construction change order?
A. To terminate a contract
B. To adjust labor productivity
C. To document safety violations
D. To formally modify contract scope, cost, or schedule
Rationale:
Change orders legally modify the original contract terms, ensuring adjustments
in scope, time, or cost are properly documented and enforceable.
5.
,Which scheduling method is most commonly used for complex construction
projects?
A. Bar chart
B. Line of balance
C. Critical Path Method (CPM)
D. Gantt summary only
Rationale:
CPM identifies task dependencies and determines the longest path of activities,
making it essential for managing complex construction sequencing.
6.
What is the main function of a construction baseline schedule?
A. To replace daily reports
B. To eliminate risk
C. To assign subcontractors
D. To serve as the reference point for project progress measurement
Rationale:
A baseline schedule provides the approved time plan against which actual
performance is measured for delays, progress, and earned value analysis.
7.
Which document defines project quality standards and requirements?
A. Safety manual
B. Cost estimate
C. Risk register
D. Quality management plan
, Rationale:
The quality management plan defines standards, procedures, and metrics
ensuring project deliverables meet specified requirements.
8.
A contract includes liquidated damages of $2,000 per day. This is intended to:
A. Reward early completion
B. Increase contractor profit
C. Cover material waste
D. Compensate the owner for delays
Rationale:
Liquidated damages are pre-agreed penalties that compensate the owner for
losses caused by contractor delays.
9.
Which risk response strategy eliminates a risk entirely?
A. Transfer
B. Mitigate
C. Accept
D. Avoid
Rationale:
Avoidance removes the risk by changing the project plan, scope, or method so
the risk condition no longer exists.
10.
What does a negative float in a schedule indicate?