CMIT EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS
A CM's Role and Responsibilities - (answer) Governed solely by the Owner/CM Agreement.
Basic Forms of CM - (answer) Agency and at-risk. Key differences exist.
Factors Contributing to CM's Initial Use - (answer) Need to reduce time and cost, increasing project
funding costs, changing role of contractors.
First Federal Agency to Use CM - (answer) General Services Administration.
Common Problems in CM Use by Federal Agencies - (answer) Funding restrictions, claims, change
conditions.
Formation of CMAA - (answer) Incorporated in 1982 to grow and develop CM profession.
CMAA Construction Management Standards - (answer) Guide to professional CM services.
Goals of CMAA - (answer) Setting standards, expanding understanding, advocating for CM.
Certification and Qualification as a CM - (answer) Certification in another profession does not
automatically qualify as a CM.
Certification as a CM - (answer) Does not guarantee 'state of the art' knowledge and capability.
Recruiting and training in business - (answer) False
Construction management susceptible to overselling - (answer) True
Failure to provide quality services - (answer) False
Contracting for adequate fees - (answer) True
,CMIT EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS
Ethics of CM profession focus on client relationships - (answer) True
Reasons for project delivery variations - (answer) D) All of the above
Traditional delivery system phases executed in - (answer) B) A linear sequence
Advantage of traditional delivery approach - (answer) B) Facility features are fully determined &
specified.
Design-build and at-risk CM allow fast-track or phased projects - (answer) True
Contractual definition of CM known when - (answer) D) All of the above
In a CM-at-Risk arrangement, once construction begins, the CM has no implied duties of loyalty and care
to the owner. - (answer) True
The agency CM does not perform design or actual construction work. - (answer) True
Under the CM-at-Risk delivery method, the owner usually deals with a hybrid of a construction manager
and a general contractor. - (answer) True
Under a CM-at-risk contract, all of the following statements are true: - (answer) D) All of the above
In considering the differences between agency CM and CM-at-Risk, which statement is NOT true? -
(answer) D) In an agency CM role, the CM directly subcontracts all trade contracts.
The agency CM does not maintain a direct contractual relationship with the trade or prime contractors. -
(answer) False
, CMIT EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS
Placing the CM in an agency role always transfers the risk to the contractor. - (answer) True
In an agency CM relationship, the CM has no vested financial interest in the project. - (answer) True
Under agency CM, agency is a relationship between owner and CM as agent acting in the owner's
interest. - (answer) True
Actual usage of a particular contract form for the construction phase depends on: - (answer) D) All of
the above
Two Basic Categories of Construction Phase Contracts - (answer) Cost Reimbursement and Fixed Price
Fixed Price Contract Bids - (answer) Can be based on partially completed documents or complete set of
drawings and specifications
Primary Advantage of Fixed Price Contract - (answer) Bids should be taken on contract documents that
are fully complete
General Contractor in Fixed Price Contract - (answer) Will always put its interests ahead of the owner
Cost Plus Fixed Fee Arrangement - (answer) Fixed fee may vary with actual cost expended as scope of
work changes
Guaranteed Maximum Price (GMP) Arrangement - (answer) Actual cost of work could be greater than
the GMP
Owner's Approval on GMP Projects - (answer) Owner may approve all trade and purchase contracts
Contractor's Risk in GMP Projects - (answer) Takes on the risk of completing the project once GMP is
established
A CM's Role and Responsibilities - (answer) Governed solely by the Owner/CM Agreement.
Basic Forms of CM - (answer) Agency and at-risk. Key differences exist.
Factors Contributing to CM's Initial Use - (answer) Need to reduce time and cost, increasing project
funding costs, changing role of contractors.
First Federal Agency to Use CM - (answer) General Services Administration.
Common Problems in CM Use by Federal Agencies - (answer) Funding restrictions, claims, change
conditions.
Formation of CMAA - (answer) Incorporated in 1982 to grow and develop CM profession.
CMAA Construction Management Standards - (answer) Guide to professional CM services.
Goals of CMAA - (answer) Setting standards, expanding understanding, advocating for CM.
Certification and Qualification as a CM - (answer) Certification in another profession does not
automatically qualify as a CM.
Certification as a CM - (answer) Does not guarantee 'state of the art' knowledge and capability.
Recruiting and training in business - (answer) False
Construction management susceptible to overselling - (answer) True
Failure to provide quality services - (answer) False
Contracting for adequate fees - (answer) True
,CMIT EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS
Ethics of CM profession focus on client relationships - (answer) True
Reasons for project delivery variations - (answer) D) All of the above
Traditional delivery system phases executed in - (answer) B) A linear sequence
Advantage of traditional delivery approach - (answer) B) Facility features are fully determined &
specified.
Design-build and at-risk CM allow fast-track or phased projects - (answer) True
Contractual definition of CM known when - (answer) D) All of the above
In a CM-at-Risk arrangement, once construction begins, the CM has no implied duties of loyalty and care
to the owner. - (answer) True
The agency CM does not perform design or actual construction work. - (answer) True
Under the CM-at-Risk delivery method, the owner usually deals with a hybrid of a construction manager
and a general contractor. - (answer) True
Under a CM-at-risk contract, all of the following statements are true: - (answer) D) All of the above
In considering the differences between agency CM and CM-at-Risk, which statement is NOT true? -
(answer) D) In an agency CM role, the CM directly subcontracts all trade contracts.
The agency CM does not maintain a direct contractual relationship with the trade or prime contractors. -
(answer) False
, CMIT EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS
Placing the CM in an agency role always transfers the risk to the contractor. - (answer) True
In an agency CM relationship, the CM has no vested financial interest in the project. - (answer) True
Under agency CM, agency is a relationship between owner and CM as agent acting in the owner's
interest. - (answer) True
Actual usage of a particular contract form for the construction phase depends on: - (answer) D) All of
the above
Two Basic Categories of Construction Phase Contracts - (answer) Cost Reimbursement and Fixed Price
Fixed Price Contract Bids - (answer) Can be based on partially completed documents or complete set of
drawings and specifications
Primary Advantage of Fixed Price Contract - (answer) Bids should be taken on contract documents that
are fully complete
General Contractor in Fixed Price Contract - (answer) Will always put its interests ahead of the owner
Cost Plus Fixed Fee Arrangement - (answer) Fixed fee may vary with actual cost expended as scope of
work changes
Guaranteed Maximum Price (GMP) Arrangement - (answer) Actual cost of work could be greater than
the GMP
Owner's Approval on GMP Projects - (answer) Owner may approve all trade and purchase contracts
Contractor's Risk in GMP Projects - (answer) Takes on the risk of completing the project once GMP is
established
