ANSWERS WITH SOLUTIONS 2024
Construction is defined as a high-risk industry. Why?
A. Construction is impacted by outside factors such as government funding.
B. Construction is done outside and effected by weather conditions.
C. Most construction projects are custom not benefitted from standardization.
D. All of the above are true. - ANSWER D
Which ownership model in construction is the easiest to start up and easiest to dissolve?
A. Sole Proprietorship
B. Partnership
C. Corporation
D. All of the above are difficult to start and dissolve. - ANSWER A
If a feasibility study is comprehensive and valid enough, it does not require owner/investor's approval.
The statement is
A. True
B. False - ANSWER B
Who has the typical responsibility of selecting on-site construction equipment?
A. Architect
B. Engineer
C. Owner
D. Constructor
E. Facility manager - ANSWER D
In which of the following are the four stages of design in the correct order?
A. Schematic design; programming; design development; contract documents
B. Programming; schematic design; design development; contract documents
, C. Design development; schematic design; contract documents; programming
D. Schematic design; design development; contract documents; programming
E. Programming; design development; schematic design; contract documents - ANSWER B
Assuming no contract changes, during which of the following project stages is the actual cost of
construction most likely to be determined?
A. Feasibility analysis
B. Design
C. Procurement
F. Construction
D. None of the above - ANSWER F
As a project moves through the design phase, decisions and details considered become more numerous,
and of a smaller scale. The statement is
A. True
B. False - ANSWER A
Identify in which project phase the "Investment Analysis Report" would occur.
A. Initiation and feasibility analysis
B. Project design
C. Procurement
D. Construction
E. Turnover and startup - ANSWER A
The term fast track means that construction is begun before the design is complete. The statement is
A. True
B. False - ANSWER A
Identify in which project phase the work "Coordinate labor and material installation" would occur.