CM 1011 Final exam review
Entry-level CM's are seldom, if ever, used to keep up with RFI's. - ANS-False
Managing the many changes on a project is one of the contract administration functions. -
ANS-True
Submittals are totally different that RFI's. - ANS-False
The schedule of values represents the owner's budget. - ANS-True
One of the least important contract administration functions is the contractor getting paid on
time. - ANS-False
A claim can only be made after the project is complete. - ANS-False
The first task in contract administration is to create a contact list for every single person
associated with the project. - ANS-True
A project may go forward without paperwork. - ANS-False
Major subcontractors and vendors do not need to attend pre-construction meeting. - ANS-False
Once a progress payment is received by the prime contractor it is obligated to promptly pay its
subcontractors and vendors. - ANS-True
One of the many reasons for a pre-construction meeting is to clarify the lines of authority and
communication. - ANS-True
Arbitration can be more expensive than litigation - ANS-True
Surplus materials belong to the owner - ANS-True
A project is considered totally complete even if paperwork has not been delivered to the owner. -
ANS-False
The need for a clear and accurate paper trail in construction is paramount. - ANS-True
Liquidated damages is an agreed upon amount per day for the project finishing late. - ANS-True
Partnering is a concept involving only the owner and prime contractor. - ANS-False
, Contract administration is all about managing the business details and relationships. - ANS-True
The pre-construction meeting should include discussion about schedule issues. - ANS-True
The two key process tools used to track all inquires, decisions, and approvals that occur during
construction are the requests for information (RFI's) and submittals. - ANS-True
Retainage is an amount retained by the owner from progress payments as a penalty for
mistakes made by the contractor. - ANS-False
A change order adjustment amount does not include general overhead and profit. - ANS-False
Summary schedules group activities under broader headings such as mobilization, site work,
foundation, and rough framing. - ANS-True
Gantt charts are also known as network diagrams. - ANS-False
Each time number in a network diagram represents a calendar day, not a work day. - ANS-False
Detailed schedules do not break major work activities down into smaller tasks. - ANS-False
The primary tool associated with project planning is the estimate. - ANS-False
Some production activities do not actually require any physical effort. - ANS-True
The three stages of a precedence diagram schedule are planning, sequencing, and scheduling.
- ANS-True
The critical path never changes. - ANS-False
Predicting durations is an exact science. - ANS-False
Administrative activities include permitting, submittals, inspections, and testing. - ANS-True
Sequencing of activities is not the same as network logic. - ANS-False
An activity is a task, function, or decision that has a time commitment, or duration, associated
with it. - ANS-True
Part of network logic is answering the question: Which activities can be started once this activity
is completed? - ANS-True
The big advantage to Gantt chart schedules is that they are very easy to understand. -
ANS-True
Entry-level CM's are seldom, if ever, used to keep up with RFI's. - ANS-False
Managing the many changes on a project is one of the contract administration functions. -
ANS-True
Submittals are totally different that RFI's. - ANS-False
The schedule of values represents the owner's budget. - ANS-True
One of the least important contract administration functions is the contractor getting paid on
time. - ANS-False
A claim can only be made after the project is complete. - ANS-False
The first task in contract administration is to create a contact list for every single person
associated with the project. - ANS-True
A project may go forward without paperwork. - ANS-False
Major subcontractors and vendors do not need to attend pre-construction meeting. - ANS-False
Once a progress payment is received by the prime contractor it is obligated to promptly pay its
subcontractors and vendors. - ANS-True
One of the many reasons for a pre-construction meeting is to clarify the lines of authority and
communication. - ANS-True
Arbitration can be more expensive than litigation - ANS-True
Surplus materials belong to the owner - ANS-True
A project is considered totally complete even if paperwork has not been delivered to the owner. -
ANS-False
The need for a clear and accurate paper trail in construction is paramount. - ANS-True
Liquidated damages is an agreed upon amount per day for the project finishing late. - ANS-True
Partnering is a concept involving only the owner and prime contractor. - ANS-False
, Contract administration is all about managing the business details and relationships. - ANS-True
The pre-construction meeting should include discussion about schedule issues. - ANS-True
The two key process tools used to track all inquires, decisions, and approvals that occur during
construction are the requests for information (RFI's) and submittals. - ANS-True
Retainage is an amount retained by the owner from progress payments as a penalty for
mistakes made by the contractor. - ANS-False
A change order adjustment amount does not include general overhead and profit. - ANS-False
Summary schedules group activities under broader headings such as mobilization, site work,
foundation, and rough framing. - ANS-True
Gantt charts are also known as network diagrams. - ANS-False
Each time number in a network diagram represents a calendar day, not a work day. - ANS-False
Detailed schedules do not break major work activities down into smaller tasks. - ANS-False
The primary tool associated with project planning is the estimate. - ANS-False
Some production activities do not actually require any physical effort. - ANS-True
The three stages of a precedence diagram schedule are planning, sequencing, and scheduling.
- ANS-True
The critical path never changes. - ANS-False
Predicting durations is an exact science. - ANS-False
Administrative activities include permitting, submittals, inspections, and testing. - ANS-True
Sequencing of activities is not the same as network logic. - ANS-False
An activity is a task, function, or decision that has a time commitment, or duration, associated
with it. - ANS-True
Part of network logic is answering the question: Which activities can be started once this activity
is completed? - ANS-True
The big advantage to Gantt chart schedules is that they are very easy to understand. -
ANS-True
