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CM exam 2 Questions With Complete Solutions

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CM exam 2 Questions With Complete Solutions

Institution
Construction Management
Course
Construction Management

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CM exam 2 Questions With Complete Solutions

"sort" Correct Answers - Groups of frequently used data classes

1. 5 Steps in setting up CPM schedule Correct Answers 1)
Identify the elementary work items needed to complete the job
2) Estimate time duration for each activity
3) Determine what tasks must be computed before each work
item can be stated.
4) Establish logical order in which these work items should be
done
5) Prepare a graphics display in the form of a network diagram

10. Dummy arrow Correct Answers completion of 1 activity
restrains the start of 2 or more activities

11. Critical path Correct Answers sequence of schedule
activities that determines the duration of the project. Longest
past through project.

2 applications that are posible with CPM Correct Answers -
Allocation of material and labor costs to each work item
- Generation of cash-flow projections and contractor payment
request verifications.

2 concepts in risk management Correct Answers minimizing
risks- regardless of whose risk it is, and equitable sharing of
risks among the various project participants

, 2. Free Float Correct Answers Amount of time that any activity
can be delayed without affecting the early start of the next
activity

3 hazard classifications discussed Correct Answers imminent
hazard, dangerous condition, minor or nonserious condition

4 guidelines for allocation of risk in construction contracts
Correct Answers 6) If a risk is imposed upon a party, an
opportunity for reward to that party should exist for properly
dealing with the risk. Allocation of the risk to the party that is in
the best position to control it. Allocation of the risk to the party
in whose hands the efficiency of the system is best promoted.
Allocation of the risk to the party that is best able to undertake it
financially.

4 type of scheduling methods Correct Answers 2. -bar charts
-velocity charts (s-curves)
-line of balance charts
-network diagrams

4 types of risk retained solely by the owner Correct Answers 9)
Site Access, Codes and Regulations, Quantity Variations, Acts
of God, etc.

4 types of risk that are properly allocated solely to the architect/
engineer Correct Answers 10) Errors and Omissions, Conflicts
in Documents, Defective Design, Shop Drawings.

5 important steps of in house meetings prior to construction
phase Correct Answers 1) Project conceptual design meetings,

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Institution
Construction Management
Course
Construction Management

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