GE 5103 Lesson 11 Quiz Project
Management I Trine 2026/2027 –
Complete 200 Exam Questions and
Answers | 100% Verified |Graded
A+|Instant Download pdf
Section A: Types of Contracts
Q1: An owner has a project with high uncertainty in
scope and design. The owner wants to start construction
quickly and is willing to pay for all actual costs plus a
fixed percentage fee. Which contract type is most
appropriate?
o A. Lump Sum
o B. Unit Price
o C. Cost Plus [CORRECT]
o D. Guaranteed Maximum Price (GMP)
o Rationale: Cost-plus contracts are suitable when scope
is uncertain, as they allow work to begin before the
design is fully complete.
Q2: A municipal project requires excavation of 10,000
cubic yards of soil. The final quantity is uncertain due to
unknown subsurface conditions. The owner wants
, competitive bidding but needs flexibility for quantity
variations.
o A. Lump Sum
o B. Unit Price [CORRECT]
o C. Cost Plus
o D. Time & Materials
o Rationale: Unit price contracts set a fixed price per unit
of work, accommodating quantity fluctuations while
maintaining competitive bidding.
Q3: A developer wants to build a commercial office
building with well-defined plans and specifications. The
developer wants cost certainty and minimal owner
involvement during construction. Which contract type
shifts the most cost risk to the contractor?
o A. Cost Plus
o B. Time & Materials
o C. Lump Sum [CORRECT]
o D. Guaranteed Maximum Price (GMP)
o Rationale: A lump-sum (fixed-price) contract places
maximum cost risk on the contractor, who must
complete the work for a predetermined total price.
Q4: A contractor is bound by plans and specifications
provided by the owner. Following the plans exactly, the
contractor builds a retaining wall that collapses due to
inadequate design by the owner's engineer. Under the
Spearin doctrine, the contractor is typically:
o A. Fully liable for the collapse
o B. Not liable for design defects in owner-provided
plans [CORRECT]
, o C. Liable only if the contractor performed shoddy
workmanship
o D. Required to share liability 50/50 with the owner
o Rationale: The Spearin doctrine holds that when a
contractor follows the owner's plans, the owner
warrants their adequacy.
Section B: Project Scheduling & Planning
Q5: PERT (Program Evaluation and Review Technique)
uses three time estimates to calculate expected duration:
o A. Optimistic, Pessimistic, and Most Likely
[CORRECT]
o B. Minimum, Maximum, and Average
o C. Early, Late, and Average
o D. Baseline, Actual, and Variance
o Rationale: PERT uses three estimates to account for
uncertainty and calculate expected time using the
formula: (Optimistic + 4×Most Likely + Pessimistic) / 6.
Q6: Given the following PERT estimates for an activity:
Optimistic = 4 days, Most Likely = 6 days, Pessimistic =
14 days. What is the expected duration?
o A. 6 days
o B. 7 days [CORRECT]
o C. 8 days
o D. 9 days
o Rationale: Using the PERT formula: (4 + 4×6 + 14) / 6 =
(4 + 24 + 14) / 6 = = 7 days.
Q7: A Gantt chart displays project schedule information
primarily as:
Management I Trine 2026/2027 –
Complete 200 Exam Questions and
Answers | 100% Verified |Graded
A+|Instant Download pdf
Section A: Types of Contracts
Q1: An owner has a project with high uncertainty in
scope and design. The owner wants to start construction
quickly and is willing to pay for all actual costs plus a
fixed percentage fee. Which contract type is most
appropriate?
o A. Lump Sum
o B. Unit Price
o C. Cost Plus [CORRECT]
o D. Guaranteed Maximum Price (GMP)
o Rationale: Cost-plus contracts are suitable when scope
is uncertain, as they allow work to begin before the
design is fully complete.
Q2: A municipal project requires excavation of 10,000
cubic yards of soil. The final quantity is uncertain due to
unknown subsurface conditions. The owner wants
, competitive bidding but needs flexibility for quantity
variations.
o A. Lump Sum
o B. Unit Price [CORRECT]
o C. Cost Plus
o D. Time & Materials
o Rationale: Unit price contracts set a fixed price per unit
of work, accommodating quantity fluctuations while
maintaining competitive bidding.
Q3: A developer wants to build a commercial office
building with well-defined plans and specifications. The
developer wants cost certainty and minimal owner
involvement during construction. Which contract type
shifts the most cost risk to the contractor?
o A. Cost Plus
o B. Time & Materials
o C. Lump Sum [CORRECT]
o D. Guaranteed Maximum Price (GMP)
o Rationale: A lump-sum (fixed-price) contract places
maximum cost risk on the contractor, who must
complete the work for a predetermined total price.
Q4: A contractor is bound by plans and specifications
provided by the owner. Following the plans exactly, the
contractor builds a retaining wall that collapses due to
inadequate design by the owner's engineer. Under the
Spearin doctrine, the contractor is typically:
o A. Fully liable for the collapse
o B. Not liable for design defects in owner-provided
plans [CORRECT]
, o C. Liable only if the contractor performed shoddy
workmanship
o D. Required to share liability 50/50 with the owner
o Rationale: The Spearin doctrine holds that when a
contractor follows the owner's plans, the owner
warrants their adequacy.
Section B: Project Scheduling & Planning
Q5: PERT (Program Evaluation and Review Technique)
uses three time estimates to calculate expected duration:
o A. Optimistic, Pessimistic, and Most Likely
[CORRECT]
o B. Minimum, Maximum, and Average
o C. Early, Late, and Average
o D. Baseline, Actual, and Variance
o Rationale: PERT uses three estimates to account for
uncertainty and calculate expected time using the
formula: (Optimistic + 4×Most Likely + Pessimistic) / 6.
Q6: Given the following PERT estimates for an activity:
Optimistic = 4 days, Most Likely = 6 days, Pessimistic =
14 days. What is the expected duration?
o A. 6 days
o B. 7 days [CORRECT]
o C. 8 days
o D. 9 days
o Rationale: Using the PERT formula: (4 + 4×6 + 14) / 6 =
(4 + 24 + 14) / 6 = = 7 days.
Q7: A Gantt chart displays project schedule information
primarily as:
