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Exam (elaborations)

CCM EXAM PREP 2023/2024 WITH 100% CORRECT ANSWERS

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A CM's role & responsibility are governed solely by the Owner/CM Agreement? - correct answer False There are two basic forms of CM, Agency and At-Risk. Each form provides for the basic services of CM Practice. However, there are some key differences. Which of the following DO NOT apply to BOTH CM forms? - correct answer A. Both forms provide advise to the Owner on constructibility, budget and schedule. B. Both require that the liabilities and risks assumed by the parties be clearly understood and stated in respective contracts. (C) Both forms allow the CM to function in an advisory role for the entire engagement of the agreement. D. Services can vary based on the contractual relationship of the parties and the risks that are assumed. Construction Management had its beginnings in the early to mid 1960's. Which of the following factors contributed to the initial use of this delivery system? - correct answer A. The need to reduce the overall time & cost associated with project delivery. B. The increasing cost of money and unpredictable labor demands. C. The changing role of the GC and the increasing numbers of specialty contractors. (D) All of the above. The General Services Administration was the first federal agency to use Construction Management? - correct answer True The Gene

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