CMIT Exam (200 multiple choice)
21.
In a CM-at-Risk arrangement once construction begins and the CM converts from the
professional advisory role of a CM to the contractual role of a general contractor, the CM
has no implied duties of loyalty and care to the owner.
True False - ANS True
\A 5D BIM model incorporates which project attribute?
A) Schedule
B) Quality
C) Phasing
D) Cost - ANS D) Cost
\A CM must be aware of its contractual obligations regarding safety on the project site.
True False - ANS True
\A CM must purchase insurance coverage for protection against claims by its own
employees.
True False - ANS True
\A CM response/proposal to an owner's request for proposal can be considered an offer
to enter into a contract.
True False - ANS True
\A CM should seek the advice of legal counsel when preparing or modifying contracts.
True False - ANS True
\A CM under an agency relationship, with the owner managing multi-prime contractors,
must consider its own risk first in managing those contractors.
True False - ANS True
\A CM, acting as an agent of the owner, will bond a multi-prime job.
True False - ANS False
\A CM's liability is determined solely by whether or not the CM performed according to
the required standard of care.
True False - ANS False
\A CM's role and responsibilities are governed solely by the Owner/CM Agreement.
True False - ANS True
\A contract is an arrangement for the distribution of construction project risk between the
parties.
True False - ANS True
\A cost plus fixed fee contract is what type of contract?
A) Cost reimbursement
B) Lump sum
C) Time & material
D) Unit price - ANS A) Cost reimbursement
\A Dispute Review Board does not meet until there is a dispute.
True False - ANS False
,\A general contractor working under a fixed price contract will always put its interests
ahead of the owner.
True False - ANS True
\A guaranteed maximum price can never change.
True False - ANS False
\A key advantage of the traditional delivery approach is:
A) With the traditional delivery system, the cost of the construction phase is known
before construction starts.
B) Facility features are fully determined & specified.
C) When the construction contract is signed, the major risk belongs to the contractor.
D) All of the above - ANS B) Facility features are fully determined & specified.
\A key element leading to successful project management is decision making based on
adequate information.
True False - ANS True
\A legal relationship by which one party is empowered and obligated to act on behalf of
another party is called:
A) An agreement
B) Agency
C) Addenda
D) A contract - ANS B) Agency
\A limitation provision seeks to limit a party's liability to the party's client.
True False - ANS True
\A mediator cannot impose an agreement upon the parties.
True False - ANS True
\A method of compensation that creates a potential for conflict of interest between the
owner's interests and the CM's interests is indicative of an agency CM relationship.
True False - ANS False
\A mini-trial, whether required by contract or agreed to voluntarily, results in a binding
decision.
True False - ANS False
\A project delivery approach that is gaining acceptance for allocating risks among project
teams is referred to as the ________ method.
A) D-B
B) IPD
C) FAR
D) D-B-B - ANS B) IPD
\A project management system that utilizes a periodic consistent measurement of work
performed in terms of budget is known as a ____________ system?
A) CPM
B) ISO
C) Earned value
D) Value engineering - ANS C) Earned value
\A project schedule must always be in a CPM format.
True False - ANS False
, \A Public-Private Partnership (P3) project is usually considered by a public entity for
which of the following primary reasons:
A) Better design
B) Incorporate environmental requirements
C) Lack of funding
D) Meet sustainability goals - ANS C) Lack of funding
\A QBS selection process will generally be based on what primary criteria?
A) Price
B) Past experience
C) Qualifications
D) Fee - ANS C) Qualifications
\A unit price contract format is used by the private sector in order to achieve which of the
following goals?
A) GMP
B) Variable fee
C) Shift risk
D) Fixed fee - ANS C) Shift risk
\A/E services are required to be competitively bid under the "Brooks Act."
True False - ANS False
\According to the CMAA agency series contract documents, the CM and designer are
required to cooperate for the benefit of the owner.
True False - ANS True
\Actual usage of a particular contract form for the construction phase depends on:
A) The particular delivery system being used.
B) The type of project being implemented and the completion status of the plans and
specifications at the time of contracting.
C) The consideration of any performance requirements, the level of sophistication of the
owner, and the role of the architect/engineers involved.
D) All of the above - ANS D) All of the above
\After a contractor declares that he is substantially complete on a project, the owner
and/or CM should prepare what document?
A) Bond release
B) Punchlist
C) Commissioning plan
D) Final payment - ANS B) Punchlist
\After the owner accepts a CM's proposed GMP as contemplated by the CMAA
CM-at-Risk Series documents, the responsibilities and duties of the CM are essentially
the same as if the owner and CM were using the AIA GMP documents.
True False - ANS False
\Agency CM is a distinct set of services that can be applied to any project delivery
method.
True False - ANS True
\All communications to the designer and owner from the contractor must be submitted
through the CM.
21.
In a CM-at-Risk arrangement once construction begins and the CM converts from the
professional advisory role of a CM to the contractual role of a general contractor, the CM
has no implied duties of loyalty and care to the owner.
True False - ANS True
\A 5D BIM model incorporates which project attribute?
A) Schedule
B) Quality
C) Phasing
D) Cost - ANS D) Cost
\A CM must be aware of its contractual obligations regarding safety on the project site.
True False - ANS True
\A CM must purchase insurance coverage for protection against claims by its own
employees.
True False - ANS True
\A CM response/proposal to an owner's request for proposal can be considered an offer
to enter into a contract.
True False - ANS True
\A CM should seek the advice of legal counsel when preparing or modifying contracts.
True False - ANS True
\A CM under an agency relationship, with the owner managing multi-prime contractors,
must consider its own risk first in managing those contractors.
True False - ANS True
\A CM, acting as an agent of the owner, will bond a multi-prime job.
True False - ANS False
\A CM's liability is determined solely by whether or not the CM performed according to
the required standard of care.
True False - ANS False
\A CM's role and responsibilities are governed solely by the Owner/CM Agreement.
True False - ANS True
\A contract is an arrangement for the distribution of construction project risk between the
parties.
True False - ANS True
\A cost plus fixed fee contract is what type of contract?
A) Cost reimbursement
B) Lump sum
C) Time & material
D) Unit price - ANS A) Cost reimbursement
\A Dispute Review Board does not meet until there is a dispute.
True False - ANS False
,\A general contractor working under a fixed price contract will always put its interests
ahead of the owner.
True False - ANS True
\A guaranteed maximum price can never change.
True False - ANS False
\A key advantage of the traditional delivery approach is:
A) With the traditional delivery system, the cost of the construction phase is known
before construction starts.
B) Facility features are fully determined & specified.
C) When the construction contract is signed, the major risk belongs to the contractor.
D) All of the above - ANS B) Facility features are fully determined & specified.
\A key element leading to successful project management is decision making based on
adequate information.
True False - ANS True
\A legal relationship by which one party is empowered and obligated to act on behalf of
another party is called:
A) An agreement
B) Agency
C) Addenda
D) A contract - ANS B) Agency
\A limitation provision seeks to limit a party's liability to the party's client.
True False - ANS True
\A mediator cannot impose an agreement upon the parties.
True False - ANS True
\A method of compensation that creates a potential for conflict of interest between the
owner's interests and the CM's interests is indicative of an agency CM relationship.
True False - ANS False
\A mini-trial, whether required by contract or agreed to voluntarily, results in a binding
decision.
True False - ANS False
\A project delivery approach that is gaining acceptance for allocating risks among project
teams is referred to as the ________ method.
A) D-B
B) IPD
C) FAR
D) D-B-B - ANS B) IPD
\A project management system that utilizes a periodic consistent measurement of work
performed in terms of budget is known as a ____________ system?
A) CPM
B) ISO
C) Earned value
D) Value engineering - ANS C) Earned value
\A project schedule must always be in a CPM format.
True False - ANS False
, \A Public-Private Partnership (P3) project is usually considered by a public entity for
which of the following primary reasons:
A) Better design
B) Incorporate environmental requirements
C) Lack of funding
D) Meet sustainability goals - ANS C) Lack of funding
\A QBS selection process will generally be based on what primary criteria?
A) Price
B) Past experience
C) Qualifications
D) Fee - ANS C) Qualifications
\A unit price contract format is used by the private sector in order to achieve which of the
following goals?
A) GMP
B) Variable fee
C) Shift risk
D) Fixed fee - ANS C) Shift risk
\A/E services are required to be competitively bid under the "Brooks Act."
True False - ANS False
\According to the CMAA agency series contract documents, the CM and designer are
required to cooperate for the benefit of the owner.
True False - ANS True
\Actual usage of a particular contract form for the construction phase depends on:
A) The particular delivery system being used.
B) The type of project being implemented and the completion status of the plans and
specifications at the time of contracting.
C) The consideration of any performance requirements, the level of sophistication of the
owner, and the role of the architect/engineers involved.
D) All of the above - ANS D) All of the above
\After a contractor declares that he is substantially complete on a project, the owner
and/or CM should prepare what document?
A) Bond release
B) Punchlist
C) Commissioning plan
D) Final payment - ANS B) Punchlist
\After the owner accepts a CM's proposed GMP as contemplated by the CMAA
CM-at-Risk Series documents, the responsibilities and duties of the CM are essentially
the same as if the owner and CM were using the AIA GMP documents.
True False - ANS False
\Agency CM is a distinct set of services that can be applied to any project delivery
method.
True False - ANS True
\All communications to the designer and owner from the contractor must be submitted
through the CM.