CM 102 QUIZZES 2,3,4 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026

CM 102 QUIZZES 2,3,4 QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026 In which type of project can the owner solicit bids from whomever they want? Performance Public Private Low Bid - Answers Private Why is the use of Private Public Partnerships (P3) increasing? Because they maintain a high level of public control Because they are cost effective Because they provide an effective tool in meeting public needs All of these - Answers All of these Who determines whether cost, qualifications, or both is used to select a contractor? Architect Inspector Contractor Owner - Answers Owner Which selection method requires that the construction documents be 100% complete? Qualifications Based Low Bid Best Value Design Build - Answers Low Bid Which of the following is not an advantage for the owner to bringing the construction management team in early in the process? the contractor can provide insight into the constructability of potential designs the contractor can make suggestions about how to save money on the project the contractor can provide realistic information about how much things will cost the contractor can guarantee the total cost of the project at the beginning of the design - Answers the contractor can guarantee the total cost of the project at the beginning of the design The General Conditions are typically found in which part of the contract documents? Project Manual Architectural Drawings Technical Specifications Bidding Documents - Answers Project Manual Which part of the contract identifies the parties, describes their roles, and sets out their basic duties and responsibilities on the project? Technical Specifications Bidding Documents Architectural Drawings General Conditions - Answers General Conditions Which of the following best describes the term CSI MasterFormat? A system for organizing and communicating design data and information on construction projects that makes it easier to manage, estimate, and track construction costs. The institute that serves all of the major disciplines involved in the building design and construction industry. The section of the contract that outlines the responsibilities of each of the parties and clearly delineates the terms of the contract. The system that outlines the bidding process and outlines the procedures for submitting bids. - Answers A system for organizing and communicating design data and information on construction projects that makes it easier to manage, estimate, and track construction costs. In which type of contract is the contractor most likely to be responsible for cost overruns if the project is overbudget? Cost Plus Agency CM Lump Sum Unit Price - Answers Lump Sum Utilizing a guaranteed maximum price contract (without a saving split provision), what happens if the actual cost is less than the guaranteed maximum contract price? The owner receives the savings The Designers receive the savings They use the money for a GIANT pizza party The contractor receives the savings - Answers The owner receives the savings Which of the following is not one of the 5 basic construction industry sectors? Commercial Construction Heavy Civil Construction Apartment Construction Industrial Construction - Answers Apartment Construction Which construction sector deals with projects such as roads, bridges, and dams? Industrial Construction Heavy Civil Construction Residential Construction Commercial Construction - Answers Heavy Civil Construction