Construction Management Practice Test/ Construction Management Final Exam With complete solution Rated a+ 2025/2026 NEW!!

Construc on Management Prac ce Test/ Construc on
Management Final Exam With complete solu on Rated
a+ 2025/2026 NEW!!

Based on the guide quan ty of 100 CY on a bid document for rock excava on, a contractor bid a
unit price of $20/CY. If the owner's representa ve determined that the contractor excavated 85
CY of rock during construc on, how much will the contractor get paid?

(a). $2000

(b). $1700

(c). $300

(d). $1800 - Ans (b)



Which of the following documents are included in the bid package?

I. Proposal Form

II. Special Condi ons

III. Technical Specifica ons

IV. General Condi ons

V. Bid Bond

(a). I, II, and III

(b). II, III, and IV

(c). I, II, IV, and V

(d). I, II, III, and IV - Ans (d)



The document requested by the owner as a protec on against the risk of the contractor not
accep ng the job once awarded the project is

(a). Insurance

,(b). Performance Bond

(c). Bid Bond

(d). Payment Bond - Ans (c)



Which of the following would not be considered an excusable delay?

(a). Labor Strikes

(b). Review process delays

(c). A hurricane closing a port delaying delivery of materials

(d). Death of a contractor - Ans (b)



The typically 30-90 days period a=er the bid opening where the contractor is bound by their bid
is called

(a). Acceptance period

(b). Bid period

(c). Anxiety period

(d). Risk period - Ans (a)



The procedure that allows a contractor to propose changes to the design with the approval of
the designer to save me and/or money is called

(a). Process Engineering

(b). Value Engineering

(c). Design build engineering

(d). Cost engineering - Ans (b)



Which of the following documents determines the zero day of the project for scheduling
purposes?

(a). Proposal Form

,(b). Formal contract

(c). No ce to bidders

(d). No ce to proceed - Ans (d)



The amount held back from the payments to give the contractor an incen ve to finish the job
on me is called

(a). Retainage

(b). Escrow

(c). Progress Payment

(d). Liquidated damages - Ans (a)



Which of the following types of contracts require the contractor to carry the risk of increased
costs

(a). Cost + %fee

(b). Cost + fixed fee

(c). Target price with profit sharing

(d). GMP - Ans (d)



Which of the following is included in a lump sum bid price?

(a). Direct cost of construc on

(b). Indirect costs of construc on

(c). change orders

(d). Home office overhead - Ans (a), (b), (d)



Which of the following are NOT true for design bid build project delivery system?

I. Lowest responsible price is used

II. Phased construc on is possible

, III. Contractor carries most of risk

IV. Designers have access to contractor's exper se



(a). I and IV

(b). II and IV

(c). II and III

(d). II, III, and IV - Ans (b).



Why may a mobiliza on payment by the owner decrease the financing cost of a project?

(a). Typically the owner's cost of borrowing money is lower compared to the contractor

(b). due to increased value of an earlier payment

(c). Because of infla on

(d). Delayed payments won't have to be paid back. - Ans (a)



Which of the following delivery methods allow contractor's input during the design phase?

I. CM @ Risk

II. DBB

III. DB

IV. CM Agency



(a). I and III

(b).I, II, and IV

(c). I, III, and IV

(d). II, III, and IV - Ans (c)



Which of the following are NOT an aIribute of a Partnership