CMAA - ✔✔ correct answer Construction Management Association of America
Construction Management - ✔✔ correct answer A professional management
practice applied to construction projects from project inception to completion for the
purpose of controlling time, cost, scope, and quality.
Good management techniques and best practices
(applicable in the design and construction industry) - ✔✔ correct answer Understand and rely on:
> new technologies
> fair business practices
> comprehensive budgets
> accurate schedule forecasts
> sound dispute resolution practices
> rigorous safety programs, etc.
Sound CM experience and expertise - ✔✔ correct answer > What's gained in one segment of the
industry has value in other sectors as well.
Public Owners - ✔✔ correct answer > Involved in project development for federal, state, or
municipal projects.
> Semi-Public Institutions (i.e.: utilities, regional airport authorities, educational and research
institutions) conduct themselves as public sector owners.
.> Public owners exert great influence in project development.
FAR - ✔✔ correct answer Federal Acquisition Regulations
> Define and differentiate public and private sector contracting.
> Applicable to most executive agencies in federal government.