CERTIFIED CONSTRUCTION MANAGER EXAM |
ULTIMATE QUESTION BANK WITH VERIFIED
CORRECT ANSWERS | GUARANTEED SUCCESS
1. Under the CMAA Standards of Practice, the role of
a Construction Manager (CM) as an “agent” of the
owner means the CM has:
A) The authority to bind the owner contractually
B) Fiduciary duty to act in the owner’s best interest
C) The right to make unilateral design changes
D) The authority to hire subcontractors without
owner consent
Correct answer: B
Rationale: An agent has a fiduciary duty to the
principal (owner), including loyalty, care, and
obedience.
2. A Certified Construction Manager (CCM) is
reviewing a “Guaranteed Maximum Price” (GMP)
contract. Under this contract type, the CM bears the
risk for cost overruns unless:
A) The owner agrees to pay extra
,B) There is a “cost savings” clause
C) The overrun is caused by a change order or
differing site condition
D) The CM self-performs the work
Correct answer: C
Rationale: GMP contracts allow for adjustments due
to change orders, unforeseen conditions, or owner-
directed changes.
3. Under the CMAA Code of Ethics, a CCM must avoid
“conflicts of interest.” A conflict of interest occurs
when:
A) The CM has a financial interest in a subcontractor
bidding on the project
B) The CM has a relative working for the owner
C) The CM owns shares in a publicly traded
construction company
D) The CM receives a holiday gift from a vendor
(value < $50)
Correct answer: A
,Rationale: A financial interest in a bidding
subcontractor creates a conflict (self-dealing).
4. A CCM is managing a project using a “Critical Path
Method” (CPM) schedule. The critical path is defined
as:
A) The longest path through the network diagram
B) The path with the most activities
C) The path with the highest cost
D) The path with the most resources
Correct answer: A
Rationale: The critical path determines the project’s
minimum completion time; any delay on this path
delays the project.
5. Under the “Design-Bid-Build” (DBB) delivery
method, the CM is typically hired:
A) Before the design is complete
B) After the design is complete, before bidding
C) After the contractor is selected
D) During the construction phase only
, Correct answer: B
Rationale: In DBB, the CM is often hired after design
to assist with bidding and construction
administration.
6. A CCM is calculating the “Earned Value” (EV) of a
project. If the Budgeted Cost of Work Scheduled
(BCWS) is $500,000 and the Budgeted Cost of Work
Performed (BCWP) is $450,000, the Schedule
Variance (SV) is:
A) -$50,000
B) $50,000
C) -$450,000
D) $450,000
Correct answer: A
Rationale: SV = BCWP - BCWS = 450,000 - 500,000 = -
50,000 (behind schedule).
7. Under the “Construction Manager at Risk” (CMAR)
delivery method, the CM:
A) Acts as an agent only
B) Guarantees the price and schedule
ULTIMATE QUESTION BANK WITH VERIFIED
CORRECT ANSWERS | GUARANTEED SUCCESS
1. Under the CMAA Standards of Practice, the role of
a Construction Manager (CM) as an “agent” of the
owner means the CM has:
A) The authority to bind the owner contractually
B) Fiduciary duty to act in the owner’s best interest
C) The right to make unilateral design changes
D) The authority to hire subcontractors without
owner consent
Correct answer: B
Rationale: An agent has a fiduciary duty to the
principal (owner), including loyalty, care, and
obedience.
2. A Certified Construction Manager (CCM) is
reviewing a “Guaranteed Maximum Price” (GMP)
contract. Under this contract type, the CM bears the
risk for cost overruns unless:
A) The owner agrees to pay extra
,B) There is a “cost savings” clause
C) The overrun is caused by a change order or
differing site condition
D) The CM self-performs the work
Correct answer: C
Rationale: GMP contracts allow for adjustments due
to change orders, unforeseen conditions, or owner-
directed changes.
3. Under the CMAA Code of Ethics, a CCM must avoid
“conflicts of interest.” A conflict of interest occurs
when:
A) The CM has a financial interest in a subcontractor
bidding on the project
B) The CM has a relative working for the owner
C) The CM owns shares in a publicly traded
construction company
D) The CM receives a holiday gift from a vendor
(value < $50)
Correct answer: A
,Rationale: A financial interest in a bidding
subcontractor creates a conflict (self-dealing).
4. A CCM is managing a project using a “Critical Path
Method” (CPM) schedule. The critical path is defined
as:
A) The longest path through the network diagram
B) The path with the most activities
C) The path with the highest cost
D) The path with the most resources
Correct answer: A
Rationale: The critical path determines the project’s
minimum completion time; any delay on this path
delays the project.
5. Under the “Design-Bid-Build” (DBB) delivery
method, the CM is typically hired:
A) Before the design is complete
B) After the design is complete, before bidding
C) After the contractor is selected
D) During the construction phase only
, Correct answer: B
Rationale: In DBB, the CM is often hired after design
to assist with bidding and construction
administration.
6. A CCM is calculating the “Earned Value” (EV) of a
project. If the Budgeted Cost of Work Scheduled
(BCWS) is $500,000 and the Budgeted Cost of Work
Performed (BCWP) is $450,000, the Schedule
Variance (SV) is:
A) -$50,000
B) $50,000
C) -$450,000
D) $450,000
Correct answer: A
Rationale: SV = BCWP - BCWS = 450,000 - 500,000 = -
50,000 (behind schedule).
7. Under the “Construction Manager at Risk” (CMAR)
delivery method, the CM:
A) Acts as an agent only
B) Guarantees the price and schedule
