CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
A+
1. Project Delivery The process by which a construction project is comprehensively designed,
pro-
cured, and constructed for an owner including:
1. definition of scope and requirements of a project
2. contractual method and requirements, obligations, and
responsibilities of the parties (risk)
3. procedures, actions and sequence of events
4. interrelationships among the participants
5. mechanisms for managing time, cost, safety, quality
6. Forms of agreement and documentation of activity
2. Project 6. Design-Bid-Build Advantages
Delivery
Components
3. Project
Delivery
System
4. Procureme
nt Method
5. Contracting
Pro- cedure
, CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
A+Delivery System,
Project
Contracting Procedure, Owner:
Procurement Method 1. historically established and accepted
A project delivery system is the
process by which a project is
designed and constructed.
1. project scope definition
2. organization of designers,
constructors and various
consultant
3. sequencing of design
and construction operations
4. execution of design and
construction
Procurement is the process
of choosing designers and
constructors
1. assessment of technical
qualifications
2. assessment of price
proposals
3. definition of the "best
value"
4. Final selection of project
participants
Contracts are the form of
agreement
1. requirements, obligations
and responsibilities
2. allocation of project risk
3. payment procedures
,CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
A+
10. Utah
7. Design-Bid-
Build
Disadvantage
s
8. CM at Risk
Ad-
vantages
9. CM at Risk
Disad-
vantages
, CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
2. A+ owner involvement is low in
c construction
o 3. contractor takes risk for
s construction Contractor:
t 1. Contractor sets price
s 2. Owner involvement is low
k Owner:
n 1. Long delivery time
o 2. No constructability advice
w 3. Can be adversarial (competitive atmosphere0
n 4. Leads to change orders (design
and scope) Contractor:
b 1. Low margins
e
2. High risk for unforeseen conditions
f
o Owner:
r 1. risk is reduced for the designer and owner
e 2. Produces a more manageable and predictable cost and schedule
3. Owner benefits from CM experience during design and
c construction
o 4. Allows for possible early start to construction
n 5. Owner has more design control
s
t Owner and CMR:
r 1. Diflculty in negotiating GMP
u 2. The CM is at risk of having to pay costs that exceed the GMP
c 3. Disputes can arise regarding what was implied but was not in th
t contract
i 4. The CM must make its estimate with incomplete design information
o 5. Not suitable for smaller projects
n 6. No contract between CMGC firm and Design Team
7. Addition fees for CM use During Design
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
A+
1. Project Delivery The process by which a construction project is comprehensively designed,
pro-
cured, and constructed for an owner including:
1. definition of scope and requirements of a project
2. contractual method and requirements, obligations, and
responsibilities of the parties (risk)
3. procedures, actions and sequence of events
4. interrelationships among the participants
5. mechanisms for managing time, cost, safety, quality
6. Forms of agreement and documentation of activity
2. Project 6. Design-Bid-Build Advantages
Delivery
Components
3. Project
Delivery
System
4. Procureme
nt Method
5. Contracting
Pro- cedure
, CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
A+Delivery System,
Project
Contracting Procedure, Owner:
Procurement Method 1. historically established and accepted
A project delivery system is the
process by which a project is
designed and constructed.
1. project scope definition
2. organization of designers,
constructors and various
consultant
3. sequencing of design
and construction operations
4. execution of design and
construction
Procurement is the process
of choosing designers and
constructors
1. assessment of technical
qualifications
2. assessment of price
proposals
3. definition of the "best
value"
4. Final selection of project
participants
Contracts are the form of
agreement
1. requirements, obligations
and responsibilities
2. allocation of project risk
3. payment procedures
,CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
A+
10. Utah
7. Design-Bid-
Build
Disadvantage
s
8. CM at Risk
Ad-
vantages
9. CM at Risk
Disad-
vantages
, CM 7030 MIDTERM EXAM WITH ALL CORRECT & 100%
VERIFIED ANSWERS|LATEST VERSION|ALREADY GRADED
2. A+ owner involvement is low in
c construction
o 3. contractor takes risk for
s construction Contractor:
t 1. Contractor sets price
s 2. Owner involvement is low
k Owner:
n 1. Long delivery time
o 2. No constructability advice
w 3. Can be adversarial (competitive atmosphere0
n 4. Leads to change orders (design
and scope) Contractor:
b 1. Low margins
e
2. High risk for unforeseen conditions
f
o Owner:
r 1. risk is reduced for the designer and owner
e 2. Produces a more manageable and predictable cost and schedule
3. Owner benefits from CM experience during design and
c construction
o 4. Allows for possible early start to construction
n 5. Owner has more design control
s
t Owner and CMR:
r 1. Diflculty in negotiating GMP
u 2. The CM is at risk of having to pay costs that exceed the GMP
c 3. Disputes can arise regarding what was implied but was not in th
t contract
i 4. The CM must make its estimate with incomplete design information
o 5. Not suitable for smaller projects
n 6. No contract between CMGC firm and Design Team
7. Addition fees for CM use During Design
