ExAC - Exam 4 Questions & Answers
(Grade A+)
When would a "just in time" project delivery approach be most
appropriate? -
correct answer ✅Repeat work/predictable projects - small
architect/contractor, charging on an hourly basis
What is the Alberta Approach -
correct answer ✅Seperate contracts between client and
Construction Manager and client and architect
What is the standard contract for a P3 project? -
correct answer ✅there is no standard. Depends on project and
those involved.
Can you accept a noncompliant bid if you know the contractor is
very talented, honest, and submitted the lowest bid? -
correct answer ✅NO
What project delivery type is most common and therefore lower
risk? -
correct answer ✅Design-Bid-Build
,ExAC - Exam 4 Questions & Answers
(Grade A+)
What are some pitfalls of Design-Bid-Build -
correct answer ✅-Design and Construction being separate can
limit communication across disciplines
-Client may expect bid price to = final price
-Lowest bidder may not be the best
-Construction can't start til all CDs are done
What kinds of projects would a CM be suitable for? -
correct answer ✅Large and complex, time crunch, need rapid
response to change
Why might a GC enjoy a CM contract? -
correct answer ✅Does not have to assume financial risk prior to
bidding
What construction method provides direct relationship between
contractor/owner, construction advice from contractor, and
staggering of work? -
correct answer ✅Construction Management
,ExAC - Exam 4 Questions & Answers
(Grade A+)
What are the risks of Construction Management? -
correct answer ✅-Construction commences before final cost is
known
-Complex relationships
-Conflict of interest as there is no independent cost consultant
outside contractor
-Less control over final cost if market it volatile
How might a GC turn themselves into a Design-Build entity? -
correct answer ✅By retaining architects and engineers in joint
venture
Why is a design-build project delivery streamlined? -
correct answer ✅Client gives approvals early, cost benefit analyses
completed early, TEAMWORK!
What are some concerns about Design Builders? -
correct answer ✅They have incentive to design for cost over
functionality, they might encounter budget restraints due to early
cost establishment, could reduce communications between owner
and architect - architect not as inclined to advocate for owner
, ExAC - Exam 4 Questions & Answers
(Grade A+)
What's the sticky situation between architects and contractors
working together as design builders? -
correct answer ✅Architects are a regulated profession and
Contractors are NOT - one has more freedom to be shady
In a P3, who bears the financial burden? -
correct answer ✅Private sector - they have more access to funds
than public sector. Private still has to pay them back.
Why might architects and consultants not like P3s -
correct answer ✅They are engaged in financially risk endeavour
True or False: Small architectural practices do great in P3 projects. -
correct answer ✅Super false. They can't compete in this market
due to massive capital/borrowing power required upfront.
What's the difference between PMT and PIT? -
correct answer ✅PMT = project management team,
PIT = project implementation team. PIT supports PMT.
What project delivery uses CCDC 30? -
correct answer ✅Integrated Project Delivery
(Grade A+)
When would a "just in time" project delivery approach be most
appropriate? -
correct answer ✅Repeat work/predictable projects - small
architect/contractor, charging on an hourly basis
What is the Alberta Approach -
correct answer ✅Seperate contracts between client and
Construction Manager and client and architect
What is the standard contract for a P3 project? -
correct answer ✅there is no standard. Depends on project and
those involved.
Can you accept a noncompliant bid if you know the contractor is
very talented, honest, and submitted the lowest bid? -
correct answer ✅NO
What project delivery type is most common and therefore lower
risk? -
correct answer ✅Design-Bid-Build
,ExAC - Exam 4 Questions & Answers
(Grade A+)
What are some pitfalls of Design-Bid-Build -
correct answer ✅-Design and Construction being separate can
limit communication across disciplines
-Client may expect bid price to = final price
-Lowest bidder may not be the best
-Construction can't start til all CDs are done
What kinds of projects would a CM be suitable for? -
correct answer ✅Large and complex, time crunch, need rapid
response to change
Why might a GC enjoy a CM contract? -
correct answer ✅Does not have to assume financial risk prior to
bidding
What construction method provides direct relationship between
contractor/owner, construction advice from contractor, and
staggering of work? -
correct answer ✅Construction Management
,ExAC - Exam 4 Questions & Answers
(Grade A+)
What are the risks of Construction Management? -
correct answer ✅-Construction commences before final cost is
known
-Complex relationships
-Conflict of interest as there is no independent cost consultant
outside contractor
-Less control over final cost if market it volatile
How might a GC turn themselves into a Design-Build entity? -
correct answer ✅By retaining architects and engineers in joint
venture
Why is a design-build project delivery streamlined? -
correct answer ✅Client gives approvals early, cost benefit analyses
completed early, TEAMWORK!
What are some concerns about Design Builders? -
correct answer ✅They have incentive to design for cost over
functionality, they might encounter budget restraints due to early
cost establishment, could reduce communications between owner
and architect - architect not as inclined to advocate for owner
, ExAC - Exam 4 Questions & Answers
(Grade A+)
What's the sticky situation between architects and contractors
working together as design builders? -
correct answer ✅Architects are a regulated profession and
Contractors are NOT - one has more freedom to be shady
In a P3, who bears the financial burden? -
correct answer ✅Private sector - they have more access to funds
than public sector. Private still has to pay them back.
Why might architects and consultants not like P3s -
correct answer ✅They are engaged in financially risk endeavour
True or False: Small architectural practices do great in P3 projects. -
correct answer ✅Super false. They can't compete in this market
due to massive capital/borrowing power required upfront.
What's the difference between PMT and PIT? -
correct answer ✅PMT = project management team,
PIT = project implementation team. PIT supports PMT.
What project delivery uses CCDC 30? -
correct answer ✅Integrated Project Delivery
