Answers (Latest Update 2026)
Design-Bid-Build (Traditional delivery method) -
correct answer ✅- Owner has contract with designer and builder.
- Advantages to owner: Competitive bid process (go w/ lowest bid),
Owner knows his cost to build his project before it begins. Lump
sum bid.
- Disadvantages: Can't fastrack. Have to wait. Very little constructor
input into design.
Design-Build (Engineering, Procurement, Construction) -
correct answer ✅Owner relies more on contractor.
ADV -
• Single Contract
• Collaboration between designer and Constructor possible
• Fast tracking possible
DISAD -
• Firm cost established late
• No Designer-Constructor balance
CM @ risk -
correct answer ✅Involves a commitment by the Construction
, CNST 2345 Exam Questions and
Answers (Latest Update 2026)
Manager (CM) to deliver the project within a Guaranteed Maximum
Price (GMP).
- Cm @ risk gives owner a GMP before bidding.
- The CMAR's main purpose is not to construct the project, but to
manage the construction of the project.
- Assumes the risks of the bids. Early GMP. Fast Tracking is possible.
Construction input in design.
- Disadvantages: Firm price established late. Requires heavy owner
involvement.
Pure Construction Mgmt. -
correct answer ✅- Involves Owner hiring a Construction Manager
(CM) to manage the project.
- Manages construction of project.
Adv:
- Saves owner resources.
- Provides technical expertise
- Competitive pricing