LSU CM Exit Study Guide 2026 - Practice Exam Solutions

LSU CM Exit Study Guide 2026 - Practice Exam Solutions Conventional concrete typically weighs ____________ - answer - 140pcf - 150pcf BTU - answer - British Thermal Unit - A quantity of heat. It is the amount of heat needed to raise a pound of water 1°F. An MBH is 1,000 BTUs/hr. Sensible Heat - answer - "Dry Heat" - Heat added to the air without adding moisture. As sensible heat increases the points on the psychrometric chart move to the right. Latent Heat - answer - The hidden heat added to the air by adding moisture (approx. 1,000 BTUs/lb of water). As latent heat increases the points on the psychrometric chart move up. Enthalpy - answer - (h) - is the total amount of thermal energy (sensible & latent) in the air. It is measured in BTUs per lb of dry air. Depreciable value is the purchase price less the __________ - answer - Salvage Value The difference between a current asset and a long term asset is ______________ - answer - Current assets can be liquidated within one year and long term assets cannot Current Ratio - answer - This accounting ratio is calculated by dividing the total current assets by the total current liabilities Working capital of a construction company increases when - answer - A company sells equipment or assets When an owner decides to add additional work to the original scope, this is considered what type of change? - answer - Owner Directed Change Order All of the following are steps that a construction company can follow in applying risk management except one. - answer - Avoid all risky situations. Complete the risk statement...if a/an _______________ happens, then the steel material for the project may cost more than the budget, which will impact the stele subcontractors, causing an increase in the project cost. - answer - Fluctuation in the steel price. Which of the following best describes risk? - answer - The potential event that results in an outcome that is different than what's planned. Typical steps associated with the risk management process are identify the risk, analyze the identified risks, _____________, allocate risks contractually, and monitor and control risks throughout the design and construction of a project. - answer - Mitigate and plan to address risks. Which of the following is not a risk identification tool and technique that construction managers use. - answer - Value Engineering Change Order - answer - A written order to the contractor authorizing changes in work to the signed original documents (not the bid documents) An acceptance is ______________________________. - answer - An unconditional agreement with an offer What is the constructive acceleration? - answer - It is the forced completion of the contract work in a shorter period than should have been allowed by the issuance of a warranted time extension. What is the cardinal rule of documentation and records? - answer - Put it in writing. Which one of the following is NOT an alternative dispute resolution method? - answer - Litigation __________________ is a sum withheld from progress payments to the contractor in accordance with the terms of the contract - answer - Retainage (retention) Define progress curves. - answer - A display of cumulative costs, labor hours, or other quantities against time as s-curves. From the following list, which tool does not help a project manager to control costs on a project? - answer - Baseline schedules If a project that is 40% complete has a cost variance of -$45,000, what does this mean? - answer - The project is currently $45,000 over-budget In earned value, if a project has a BCWP equal to $5,000, what does the $5,000 represent? - answer - The Earned Value of the Project Which one of the following would a project manager not find the information needed to calculate and plot the ACWP for an earned value analysis? - answer - Three-week look ahead schedule Define earned value: - answer - A project management methodology used to track project performance and fo