AFSB 152 - The Institutes Practice Exam Questions 2025

AFSB 152 - The Institutes Practice Exam Questions 2025 Lansing Construction Company completed major jobs including road grading, bridges, and base and paving work. Which one of the following types of contractors is Lansing? · Heavy and highway construction · General Engineering contractor · General Building contractor · Design/build contractor - answer-Heavy and highway construction The project owner for a new shopping plaza being built in Highville is the Highville Municipal Property Company. The role of the project owner at the beginning of any construction project is to · Engage consultants in fields in which it lacks the expertise necessary for the project · Define a need for a facility and engage an architect or an engineer · Furnish an estimated project cost that may be used to negotiate financing for the project · Design the facility and prepare the plans and specifications for its construction - answer Define a need for a facility and engage an architect or an engineer In construction contracts, the critical path method · Ensures that, during mobilization, the crew moves big equipment from one location to another following the shortest route, in terms of mileage · Ensures that, during mobilization, the crew moves big equipment from one location to another on less- used roads and during times when traffic is minimal · Ensures that work is completed in a logical sequence and that the project is completed within the time budget specified in the contract terms · Ensures that all minor finishing tasks, identified in a punch list, are completed before the project reaches substantial completion - answer-Ensures that work is completed in a logical sequence and that the project is completed within the time budget specified in the contract terms The party that directly benefits from the additional security of knowing that the contractor has satisfied the surety's comprehensive prequalification review is the · Suppliers · Laborers · Project Owners · Architect or engineer - answer-Project Owners