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CM 1011 Final Exam Questions and Correct Answers

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CM 1011 Final Exam Questions and Correct Answers

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CM 1011 Final Exam Questions and
Correct Answers
The preconstruction conference should be among only the contractor and owner. - <CORRECT
ANSWER >>False


Establishment of site rules is one of the purposes of the preconstruction conference. -
<CORRECT ANSWER >>True


The payment procedures should be discussed at the preconstruction conference. - <CORRECT
ANSWER >>T


Contract administration is managing the conditions of the contract. - <CORRECT ANSWER >>T


An RFI means a "requirement for information." - <CORRECT ANSWER >>False
Request for information


Submittals include shop drawings. - <CORRECT ANSWER >>T


An SOV is the contractor's budget. - <CORRECT ANSWER >>F
Schedule of Values (list of work done on a project)


Final payment is usually made before final submittals. - <CORRECT ANSWER >>F


Changes are inevitable. - <CORRECT ANSWER >>T


Litigation is the preferable solution to disputes. - <CORRECT ANSWER >>F

, Ethics starts at the top. - <CORRECT ANSWER >>T


Everyone in a company needs to "buy in" to the company ethics. - <CORRECT ANSWER >>T


Hiring is unimportant regarding company ethics. - <CORRECT ANSWER >>F


Ethics is innate; it cannot be taught. - <CORRECT ANSWER >>F


Ethical violations should be addressed by management. - <CORRECT ANSWER >>T


Ethics has to do with what is right and wrong. - <CORRECT ANSWER >>T


Ethics decisions are always either black or white. - <CORRECT ANSWER >>F


The three primary ethical directives are loyalty, honesty, and responsibility. - <CORRECT
ANSWER >>T


Change orders are an area where ethical violations do not occur. - <CORRECT ANSWER >>F


Bidding is an area that is not affected by ethics. - <CORRECT ANSWER >>F


It is the will to prepare to win that separates success from failure. - <CORRECT ANSWER >>T


Drafting the contract documents is one of the contractor's pre-construction tasks. - <CORRECT
ANSWER >>F


It is a good idea to have diversity in abilities on a construction team. - <CORRECT ANSWER >>T

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