Construction Management exam Questions and
100% Correct Answers
An estimate is used to do what? - ✔✔Make decisions regarding the size of a project,
to make a decision regarding the quality of the finishes, to evaluate a subcontractor's
bid
From an wonders perspective, conceptual estimates are helpful because: -
✔✔they're not?
A performance bond is used to ... - ✔✔give an owner confidence that the
construction work will be completed
What are some concerns of a general contractor when he is developing a detailed
estimate? - ✔✔Local economic conditions, familiarity with similar types of work,
identity of the client
What type of bond provides protection to the wonder against having a lien filed against
his or her property? - ✔✔A payment bond
A successful estimate by a bidding Contractor has the following characteristics: -
✔✔The costs reflect local conditions
A Contractors surety rating is based on the following: - ✔✔Her honesty, her financial
strength, her contracting experience
Are conceptual estimates generated by the general contractor as part of competitive
bidding? - ✔✔No
, What is the primary advantage of the design-bid-build delivery method - ✔✔Known
project costs before construction
What might be determined by the delivery method? - ✔✔How fast the project can be
completed, when the contractor is hired, how many contracts the owner will enter into
Which construction drawings will show a building's exterior design? - ✔✔Elevation
When does the contractors hiring process begin with a design-bid-build delivery
method? - ✔✔After completion of the bid documents
Who determines what project delivery method will be used on a project? - ✔✔The
wonders
Which document gives specific information about a project, and incudes the signatures
of the contractor and the wonder? - ✔✔The agreement
The owner of a skyscraper whats the shortest possible construction time. What delivery
method is the best choice? - ✔✔Design-Build
How many contracts are used in a design-build delivery method? - ✔✔one contract
Who typically develops the program? - ✔✔the architect
What is a bid submitted to the owner that fails to include the required bid bond called? -
✔✔"unresponsive"
100% Correct Answers
An estimate is used to do what? - ✔✔Make decisions regarding the size of a project,
to make a decision regarding the quality of the finishes, to evaluate a subcontractor's
bid
From an wonders perspective, conceptual estimates are helpful because: -
✔✔they're not?
A performance bond is used to ... - ✔✔give an owner confidence that the
construction work will be completed
What are some concerns of a general contractor when he is developing a detailed
estimate? - ✔✔Local economic conditions, familiarity with similar types of work,
identity of the client
What type of bond provides protection to the wonder against having a lien filed against
his or her property? - ✔✔A payment bond
A successful estimate by a bidding Contractor has the following characteristics: -
✔✔The costs reflect local conditions
A Contractors surety rating is based on the following: - ✔✔Her honesty, her financial
strength, her contracting experience
Are conceptual estimates generated by the general contractor as part of competitive
bidding? - ✔✔No
, What is the primary advantage of the design-bid-build delivery method - ✔✔Known
project costs before construction
What might be determined by the delivery method? - ✔✔How fast the project can be
completed, when the contractor is hired, how many contracts the owner will enter into
Which construction drawings will show a building's exterior design? - ✔✔Elevation
When does the contractors hiring process begin with a design-bid-build delivery
method? - ✔✔After completion of the bid documents
Who determines what project delivery method will be used on a project? - ✔✔The
wonders
Which document gives specific information about a project, and incudes the signatures
of the contractor and the wonder? - ✔✔The agreement
The owner of a skyscraper whats the shortest possible construction time. What delivery
method is the best choice? - ✔✔Design-Build
How many contracts are used in a design-build delivery method? - ✔✔one contract
Who typically develops the program? - ✔✔the architect
What is a bid submitted to the owner that fails to include the required bid bond called? -
✔✔"unresponsive"
