TCM 226 EXAM 2 QUESTIONS & ANSWERS
What is the lowest possible level for a building under the LEED rating system? -
Answer -Zero
T/F
Individuals can be LEED certified. - Answer -False
Which of the following organizations is responsible for developing the LEED rating
system? - Answer -U.S. Green Building Council
Varying amounts of retainage are held by owners, usually ______ percent - Answer -5
or 10
Which of the following best illustrates the evolutionary trend of both project extranets
and 3D/4D CAD? - Answer -Building Information Modeling
What is the total number of credits possible under LEED v. 4 including all bonus points?
- Answer -110
T/F
The Pride and Impropriety case study covered in class and in homework was based on
a true story. - Answer -True
Which type of business organization has the most government regulation? - Answer -
Corporation
What form of business organization has a single owner? - Answer -Proprietorship
Which of the following documents is considered the payment application under the AIA
documents? - Answer -AIA-G702
Which of the following is typically requested by vendors and/or 3rd tier subs to ensure
they are paid directly by the general contractor? - Answer -Joint Check Agreement
T/F
Ethics is a theory or system of values that answers the question, "What can I do and still
not get caught?" - Answer -False
A project's LEED certification fee paid to the GBCI is based on which of the following
factors? - Answer -Project square footage/USGBC Membership status
T/F
Under the LEED rating system, prerequisites within a specific credit category must be
met before ANY credits can be received in that area. - Answer -True
, T/F
In a limited liability partnership (LLP), the profits of the business are subject to double
taxation. - Answer -False
Productivity is measured in terms of: - Answer -Output/Input
T/F
In a sole proprietorship, the owner of the business is personally liable for the doubts and
actions of the business. - Answer -True
T/F
The principle benefit of adopting building information modeling for general contractors is
reduced design costs. - Answer -False
In a(n) _____ contract, quantities are specified and compensation for variance with the
specified quantities may be available. - Answer -Unit-price
T/F
In a lump sum project, the total of the schedule of values equals the contract amount. -
Answer -True
Most contracts specify that the owner can take a period of _____ to process progress
payment after receipt of he certified application, but this may vary depending on specific
factors relating to the owner. - Answer -30 days
T/F
LEED stands for Leadership in Energy and Efficient Design. - Answer -False
Synchro is a software tool that we watched a video on that helps construction project
teams with: - Answer -4-D project visualization
T/F
Under the AIA standard contract documents, the Owner will pay for materials only when
they are installed in place. - Answer -False
Which of the following is NOT a project & contract factor which affects productivity. A)
Project Size B) Scope definition C) Constructibility of design D) Crew Stability E) Budget
Constraint - Answer -Crew Stability
T/F
Provisional payments are pre-determined partial amount to be paid when certain
identified milestones are achieved. - Answer -True
Which of the following is NOT a question that should be considered when a GC is
developing a schedule of values (SOV) for a lump sum project? A) Should work
What is the lowest possible level for a building under the LEED rating system? -
Answer -Zero
T/F
Individuals can be LEED certified. - Answer -False
Which of the following organizations is responsible for developing the LEED rating
system? - Answer -U.S. Green Building Council
Varying amounts of retainage are held by owners, usually ______ percent - Answer -5
or 10
Which of the following best illustrates the evolutionary trend of both project extranets
and 3D/4D CAD? - Answer -Building Information Modeling
What is the total number of credits possible under LEED v. 4 including all bonus points?
- Answer -110
T/F
The Pride and Impropriety case study covered in class and in homework was based on
a true story. - Answer -True
Which type of business organization has the most government regulation? - Answer -
Corporation
What form of business organization has a single owner? - Answer -Proprietorship
Which of the following documents is considered the payment application under the AIA
documents? - Answer -AIA-G702
Which of the following is typically requested by vendors and/or 3rd tier subs to ensure
they are paid directly by the general contractor? - Answer -Joint Check Agreement
T/F
Ethics is a theory or system of values that answers the question, "What can I do and still
not get caught?" - Answer -False
A project's LEED certification fee paid to the GBCI is based on which of the following
factors? - Answer -Project square footage/USGBC Membership status
T/F
Under the LEED rating system, prerequisites within a specific credit category must be
met before ANY credits can be received in that area. - Answer -True
, T/F
In a limited liability partnership (LLP), the profits of the business are subject to double
taxation. - Answer -False
Productivity is measured in terms of: - Answer -Output/Input
T/F
In a sole proprietorship, the owner of the business is personally liable for the doubts and
actions of the business. - Answer -True
T/F
The principle benefit of adopting building information modeling for general contractors is
reduced design costs. - Answer -False
In a(n) _____ contract, quantities are specified and compensation for variance with the
specified quantities may be available. - Answer -Unit-price
T/F
In a lump sum project, the total of the schedule of values equals the contract amount. -
Answer -True
Most contracts specify that the owner can take a period of _____ to process progress
payment after receipt of he certified application, but this may vary depending on specific
factors relating to the owner. - Answer -30 days
T/F
LEED stands for Leadership in Energy and Efficient Design. - Answer -False
Synchro is a software tool that we watched a video on that helps construction project
teams with: - Answer -4-D project visualization
T/F
Under the AIA standard contract documents, the Owner will pay for materials only when
they are installed in place. - Answer -False
Which of the following is NOT a project & contract factor which affects productivity. A)
Project Size B) Scope definition C) Constructibility of design D) Crew Stability E) Budget
Constraint - Answer -Crew Stability
T/F
Provisional payments are pre-determined partial amount to be paid when certain
identified milestones are achieved. - Answer -True
Which of the following is NOT a question that should be considered when a GC is
developing a schedule of values (SOV) for a lump sum project? A) Should work
