CEFP PLANNING, DESIGN AND CONSTRUCTION QU h h h h h
ESTIONS WITH CORRECT ANSWERS | LATEST 202 h h h h h h
6/2027 UPDATE | RATED A+ h h h h
Building Information Modeling (BIM) - CORRECT ANSWER -
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"Enables project participants to access various digital
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models throughout the design process without having to
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wait for paper drawings to be produced and
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delivered."
[Special Topics, Building Information Modeling]
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Lump Sum Fee - CORRECT ANSWER -"Is a fixed-
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price agreement, broken down into phases: preliminary, design development, construction
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documents, and construction administration. This is gene h h h h h h
rally calculated from an estimate by the designer for the a
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mount of work (hours) necessary by task." [SpecialTopics,
h h h h h h h h
In-House Design/Construction Services]
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Fixed Percentage of Cost Fee - CORRECT ANSWER -
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"Used on larger projects of known scope and budget. It
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is also often used as a comparator between different cons
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ultants."
[Special Topics, In-House Design/Construction Services]
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Time and Materials Fee - CORRECT ANSWER -
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"Used for projects of unknown scope. The fees are directly charged based on the hourly rates and the
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number of hours required to perform a task."
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[Special Topics, In-House Design/Construction Services]
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,Letter of Intent (LOI) - CORRECT ANSWER -
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"Defines the general terms and conditions of a transaction and provides the basis for the drafting of a
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subsequent agreement." [Specia h h
l Topics, Real Estate]
h h h
Ground Lease - CORRECT ANSWER - h h h h h
"A lease of extended duration that is frequently structured to allow the construction of impr
h h h h h h h h h h h h h h
ovements
by the lessee on an institution's land." [Special T
h h h h h h h h
opics, Real Estate]
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Easement - CORRECT ANSWER -"Also known as deeded rights-of-
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way, involving the long-term or permanent conveyance between parties of
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certain rights,privileges, and interests in property." [Speci
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al Topics, Real Estate]
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Repair - CORRECT ANSWER -
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"Reconstruction or renewal of any part of an existing building for the purpose of maintaining i h h h h h h h h h h h h h h h
t."
[Special Topics, Renovations] h h
Alteration - CORRECT ANSWER - h h h h
"Construction or renovation to an existing structure rather than repair or addition."
h h h h h h h h h h h
[Special Topics, Renovations] h h
Restoration - CORRECT ANSWER - h h h h
"The process of accurately reconstructing or repairing the forms and details of a building or st
h h h h h h h h h h h h h h h
, ructure or
h
ESTIONS WITH CORRECT ANSWERS | LATEST 202 h h h h h h
6/2027 UPDATE | RATED A+ h h h h
Building Information Modeling (BIM) - CORRECT ANSWER -
h h h h h h h
"Enables project participants to access various digital
h h h h h h
models throughout the design process without having to
h h h h h h h h
wait for paper drawings to be produced and
h h h h h h h
delivered."
[Special Topics, Building Information Modeling]
h h h h
Lump Sum Fee - CORRECT ANSWER -"Is a fixed-
h h h h h h h h
price agreement, broken down into phases: preliminary, design development, construction
h h h h h h h h h
documents, and construction administration. This is gene h h h h h h
rally calculated from an estimate by the designer for the a
h h h h h h h h h h
mount of work (hours) necessary by task." [SpecialTopics,
h h h h h h h h
In-House Design/Construction Services]
h h h
Fixed Percentage of Cost Fee - CORRECT ANSWER -
h h h h h h h h
"Used on larger projects of known scope and budget. It
h h h h h h h h h
is also often used as a comparator between different cons
h h h h h h h h h
ultants."
[Special Topics, In-House Design/Construction Services]
h h h h
Time and Materials Fee - CORRECT ANSWER -
h h h h h h h
"Used for projects of unknown scope. The fees are directly charged based on the hourly rates and the
h h h h h h h h h h h h h h h h h
number of hours required to perform a task."
h h h h h h h
[Special Topics, In-House Design/Construction Services]
h h h h
,Letter of Intent (LOI) - CORRECT ANSWER -
h h h h h h h
"Defines the general terms and conditions of a transaction and provides the basis for the drafting of a
h h h h h h h h h h h h h h h h h
subsequent agreement." [Specia h h
l Topics, Real Estate]
h h h
Ground Lease - CORRECT ANSWER - h h h h h
"A lease of extended duration that is frequently structured to allow the construction of impr
h h h h h h h h h h h h h h
ovements
by the lessee on an institution's land." [Special T
h h h h h h h h
opics, Real Estate]
h h
Easement - CORRECT ANSWER -"Also known as deeded rights-of-
h h h h h h h h
way, involving the long-term or permanent conveyance between parties of
h h h h h h h h h
certain rights,privileges, and interests in property." [Speci
h h h h h h h
al Topics, Real Estate]
h h h
Repair - CORRECT ANSWER -
h h h h
"Reconstruction or renewal of any part of an existing building for the purpose of maintaining i h h h h h h h h h h h h h h h
t."
[Special Topics, Renovations] h h
Alteration - CORRECT ANSWER - h h h h
"Construction or renovation to an existing structure rather than repair or addition."
h h h h h h h h h h h
[Special Topics, Renovations] h h
Restoration - CORRECT ANSWER - h h h h
"The process of accurately reconstructing or repairing the forms and details of a building or st
h h h h h h h h h h h h h h h
, ructure or
h
