CCM EXAM PREP 32 Questions with Verified Answers,100% CORRECT

CCM EXAM PREP 32 Questions with Verified Answers 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 General Services Administration, the Department of Health, Education & Welfare and the Veterans Administration ran into similar difficulties in the use of construction management. Which of the following was/were common problems for all three agencies? - CORRECT ANSWER A. Funding restrictions (B) Claims C. Change conditions D. All of the above CMAA was formed and incorporated in 1982 with its primary focus being the growth and development of the Construction Management profession? - CORRECT ANSWER True The CMAA Construction Management Standards of Practice is intended as a guide to the range of services that constitute professional Construction Management. They seek to meet the documented need for definitions of what Construction Management services are and to structure the methodologies by which those services are provided by the CM. - CORRECT ANSWER False The goals of the Construction Management Association of America include: - CORRECT ANSWER A. Setting standards & developing contract documents for Construction Management Practice. B. Expanding the understanding of the Construction Management concept & its use in the marketplace. C. Advocacy for Construction Management in the legislative, regulatory & judicial arenas of federal, state & local governments. (D) All of the above The fact that an individual is certified or licensed in any other profession does not, per se, establish him/her as a qualified CM. - CORRECT ANSWER True Certification as a CM means the Construction Management practitioner has "state of the art" knowledge & capability to Practice Construction Management? - CORRECT ANSWER False Recruiting & training are business matters and normally do not involve ethical concerns? - CORRECT ANSWER False Construction Management is a concept that is susceptible to overselling? - CORRECT ANSWER True Failure to provide quality services is a professional and not an ethical question? - CORRECT ANSWER False Contracting for adequate fees is both a business and an ethical issue? - CORRECT ANSWER True The ethics of the CM profession focus "primarily" on a CM's relationships in dealing with its clients? - CORRECT ANSWER True The possible approaches for delivering a project are virtually unlimited. A key reason for such variation is: - CORRECT ANSWER A. The different roles that can be assumed by project participants. B. Different forms of contracts & methods of compensation that can be used. C. The different levels of care, responsibility, and risk assumed by the parties involved. (D) All of the above The traditional delivery system is characterized by executing the major phases of a project in: - CORRECT ANSWER A. An overlapping concept. (B) A linear sequence. C. A fast track method. D. All of the above. A key advantage of the traditional delivery approach is: - CORRECT ANSWER A. With the traditional delivery system, the cost of the construction phase is known before construction starts. B. Construction documents are 100% complete. C. When the construction contract is signed, the major risk belongs to the contractor. (D) All of the above Design-Build & At-Risk Construction Management delivery systems allow the option to fast track or phase a project? - CORRECT ANSWER True Most definitions of Construction Management are similar. However, a contractual definition is not known until? - CORRECT ANSWER A. The legal form of the CM contract is chosen. B. The specific scope of services to be provided is identified. C. The relationship of the CM to others & the risks and authority assumed by the parties are clearly defined. (D) All of the above. The At-Risk CM has no obligation to place duty to the Owner above its own interests? - CORRECT ANSWER True The agency CM does not normally have any independent power to sanction contractors or force contractors to abide by their contractual obligations? - CORRECT ANSWER True When a GMP is rendered by a CM and agreed to by the Owner, there are no longer any implied duties of loyalty and care to the Owner? - CORRECT ANSWER True When a GMP is rendered by a CM and agreed to by the Owner, there are no longer any implied duties of loyalty and care to the Owner? - CORRECT ANSWER A. The CM in most cases, holds the trade and/or specialty contracts. B. The CM has the right to enforce the schedule, pay the trade or subcontractors, and terminate them if such action becomes necessary. C. On some CM-at-Risk contracts, the CM has the option of performing portions of the work with its own resources (unless prohibited by law on certain public projects). (D) All of the above. In considering the differences between Agency CM & CM-at-Risk, which of the following statements is NOT true? - CORRECT ANSWER A. With the CM-at-Risk, the CM is responsible for means, methods and sequencing of work. B. In an agency CM role, the CM does none of the physical work. C. The CM, in most cases, IS clearly responsible for schedule & coordination. (D) Project Controls under both forms of CM equally service the interest of the Owner as a priority. The Agency CM maintains a direct contractual relationship with the trade or prime contractors. - CORRECT ANSWER False Placing the CM in an Agency role is always in the best interest of the Owner? - CORRECT ANSWER False In an Agency CM relationship, the CM bears a limited financial risk roughly equal to that of the Owner. - CORRECT ANSWER False Under Agency CM, Agency is a relationship between Owner and CM as agent acting in the Owner's interest. - CORRECT ANSWER True Actual usage of a particular contract form for the construction phase depends on: - CORRECT ANSWER A. The particular delivery system being used. B. The type of project being implemented and the completion status of the plans & specifications at the time of contracting. C. The consideration of any performance requirements, the level of sophistication of the Owner and the role of the architect / engineers involved. (D) All of the above. There are two basic forms of construction phase contracts, cost reimbursement and fixed price. - CORRECT ANSWER True Under a fixed price or lump sum contract the contractors are usually asked to bid on work based on partially completed (scope) or a complete set of drawings & specifications? - CORRECT ANSWER True