Answers
Why engage in a Joint Venture? -
correct answer ✅• This business type is typically used by interior
design firms when a project is too large or complex to be
completed by a single firm.
• Sharing of risks and costs (ie liability) with a partner.
• Access to new knowledge and expertise, including specialised
staff.
• It can also be used when one firm does not have the experience
in a particular building type that the partnering firm has.
What is a Joint Venture? -
correct answer ✅A joint venture is a temporary association of two
or more persons or firms for the purpose of completing a project.
Why make your company incorporated? -
correct answer ✅Liability protection
Raise funds through the sale of shares
Tax deductions
,IDPX Example Exam Questions &
Answers
How to Calculate Stairs -
correct answer ✅• 2r+t=25 Inches
How to Calculate Wallcovering -
correct answer ✅{ (P x H) + [(P x H) x.2] } - openings = __sqf
15 sqf for door
15 sqf for 2 windows
Rolls are 16 ft
27" for single 36 sqf
54" for double 72 sqf
How to Calculate Carpet -
correct answer ✅Figure 16.8 in Ballast Interior Reference Manual
What to do when you have closed spec and one of the bidders has
a discount after the bid date? What do you do if it will save your
client money? -
correct answer ✅Closed specs and bid dates are two separate
things.
Closed specs mean that bidders can not bid outside the
manufacturers that are listed in the architectural specs. If they wish
, IDPX Example Exam Questions &
Answers
to "offer" a substantial savings to show an option out of the
specified product, then a formal substitution request must be
submitted with a reason for why.
Bid dates are hard deadlines. But if the bid comes in and will
substantially save the client money, and it is bid within the
specification parameter then the bid can be presented to the
owner.
On the exam, the answer to this question could be to say "no" to
the contractor because it was after the bid deadline.
However, in the real world, if it really saves the client money then it
could be considered.
What type of specification do you write when you have a typical
flooring tile that you know multiple manufacturers carry? -
correct answer ✅Performance Spec?
What spec is found in both performance and prescriptive? -
correct answer ✅Open Specification?