DBIA EXAM 500 COMPREHENSIVE EXAM 2026
FULL QUESTIONS AND CORRECT ANSWERS
ALREADY PASSED
◉ How is the construction manager at risk project delivery system
similar to design-bid-build?
Answer: - design and construction are separated under two
contracts held by the owner
- mostly linear
- Owner carries risk for design
◉ How is the construction manager at risk project delivery system
similar to design-build?
Answer: - some opportunity to fast track, as construction manager
can be hired to perform some preconstruction services like
constructability assessments
- CM selected on qualifications
- Helps owner establish contract price and GMP before design is
complete
◉ How does the multi-prime project delivery system function?
Answer: - the owner manages a ton of different contracts -- with
design professional as well as a variety of trade contractors
,- an owner advisor may be hired to advise the owner on how to
administer their multiple contracts
◉ How does the integrated project delivery system function?
Answer: - This is a multi-party contract, featuring a variety of
entities like owner, architect, specialty consultants, general
contractor, trade partners, etc.
- All parties agree to the terms and conditions of a single contract
- can be treated as a philosophy rather than a contract type
- exclusively a private sector delivery method
◉ What are the benefits of contracting under a single contract?
Answer: - risk allocation. One contract allows for equitable
assignment of risk to the party best able to manage it.
◉ When should an owner conduct a risk and opportunity analysis
for a project?
Answer: - during project planning before procurement to set up a
contract with the correct incentive structure
- during validation and contract negotiations, with design-builder
involvement
,◉ What is the first thing an Owner should do during strategic
project delivery planning? (Best Practice #1)
Answer: The owner should conduct a proactive and objective
assessment of the unique characteristics of its program/project and
its organization before deciding to use design-build.
◉ What is a project delivery system?
Answer: Identifies contractual relationships between parties in a
construction project. Defines when and how each party will fulfill its
responsibilities.
aka How Teams are Organized
◉ What is a procurement method?
Answer: Establishes how the Owner will select the providers of
design and construction services needed to complete the project.
aka How Teams are Selected
◉ What are some examples of common procurement methods?
Answer: - Best Value
- Qualifications Based Selection/Progressive Design Build
- Low Bid
- Negotiated
- Sole Source (Directly Selected)
, ◉ What is the contract format?
Answer: Designates the basis on which the parties will be paid for
performing the work of the project.
aka How Teams are Paid
◉ What are examples of common contract formats?
Answer: - Lump Sum (Fixed Price)
- Guaranteed Maximum Price (GMP)
- Cost Plus Fee
- Target Price
- Unit Price
◉ What does the owner need to establish during strategic project
delivery planning?
Answer: - Project delivery system
- Procurement method
- Contract format
◉ What are the different types of project requirements?
Answer: - Functional requirements
- Performance-based requirements
FULL QUESTIONS AND CORRECT ANSWERS
ALREADY PASSED
◉ How is the construction manager at risk project delivery system
similar to design-bid-build?
Answer: - design and construction are separated under two
contracts held by the owner
- mostly linear
- Owner carries risk for design
◉ How is the construction manager at risk project delivery system
similar to design-build?
Answer: - some opportunity to fast track, as construction manager
can be hired to perform some preconstruction services like
constructability assessments
- CM selected on qualifications
- Helps owner establish contract price and GMP before design is
complete
◉ How does the multi-prime project delivery system function?
Answer: - the owner manages a ton of different contracts -- with
design professional as well as a variety of trade contractors
,- an owner advisor may be hired to advise the owner on how to
administer their multiple contracts
◉ How does the integrated project delivery system function?
Answer: - This is a multi-party contract, featuring a variety of
entities like owner, architect, specialty consultants, general
contractor, trade partners, etc.
- All parties agree to the terms and conditions of a single contract
- can be treated as a philosophy rather than a contract type
- exclusively a private sector delivery method
◉ What are the benefits of contracting under a single contract?
Answer: - risk allocation. One contract allows for equitable
assignment of risk to the party best able to manage it.
◉ When should an owner conduct a risk and opportunity analysis
for a project?
Answer: - during project planning before procurement to set up a
contract with the correct incentive structure
- during validation and contract negotiations, with design-builder
involvement
,◉ What is the first thing an Owner should do during strategic
project delivery planning? (Best Practice #1)
Answer: The owner should conduct a proactive and objective
assessment of the unique characteristics of its program/project and
its organization before deciding to use design-build.
◉ What is a project delivery system?
Answer: Identifies contractual relationships between parties in a
construction project. Defines when and how each party will fulfill its
responsibilities.
aka How Teams are Organized
◉ What is a procurement method?
Answer: Establishes how the Owner will select the providers of
design and construction services needed to complete the project.
aka How Teams are Selected
◉ What are some examples of common procurement methods?
Answer: - Best Value
- Qualifications Based Selection/Progressive Design Build
- Low Bid
- Negotiated
- Sole Source (Directly Selected)
, ◉ What is the contract format?
Answer: Designates the basis on which the parties will be paid for
performing the work of the project.
aka How Teams are Paid
◉ What are examples of common contract formats?
Answer: - Lump Sum (Fixed Price)
- Guaranteed Maximum Price (GMP)
- Cost Plus Fee
- Target Price
- Unit Price
◉ What does the owner need to establish during strategic project
delivery planning?
Answer: - Project delivery system
- Procurement method
- Contract format
◉ What are the different types of project requirements?
Answer: - Functional requirements
- Performance-based requirements
