CERTIFIED CONSTRUCTION
MANAGER STUDY SET
Construction-Management---ans-✔✔The-practice-of-professional-management-applied-
to-the-planing,-design,-and-construction-of-projects,-from-inception-to-completion,-for-the-
purpose-of-controlling-time,-cost,-and-quality
Construction-Contract-Administration-Objectives---ans-✔✔To-control:-time,-cost,-quality,-
information-flow-and-to-satisfy-the-Owner's-goals-and-objectives-for-the-project
Design-Bid-Build-Advantages---ans-✔✔Widely-applicable,-understandable,-owner-
retains-control,-owner-"knows"-the-cost-prior-to-the-start-of-Construction
Design-Bid-Build-Disadvantages---ans-✔✔Relatively-slow,-owner-is-liable-for-the-design,-
constructability-issues,-adversarial-relationships-fostered
Multiple-Prime-Advantages---ans-✔✔Increased-Owner-control,-work-easily-fast-tracked,-
save-general-contractor-markups,-some-states-require-it
Multiple-Prime-Disadvantages---ans-✔✔Owner-has-risk-of-controlling-time-and-
coordination,-multiple-accountability-for-performance,-unknown-"final"-cost-at-
construction-start,-same-owner-risks-as-traditional-approach
CM-at-Risk-Advantags---ans-✔✔Well-suited-for-fast-tracking,-contractor-(and-
subcontractor)-input-on-design-alternatives,-better-cost-info,-permits-"picking"-of-the-
builder
CM-at-Risk-Disadvantages---ans-✔✔Change-of-CM's-accountability-after,-GMP-
(guaranteed-maximum-price)-is-signed,-tempted-to-sign-GMP-"too-soon",-variations-in-
procurement-methods
Design-Build-Advantages---ans-✔✔Accountability-for-project-delivery,-reduced-disputes,-
can-cut-time-and-cost,-builder-can-have-input-to-design/constructabibility,-budget-
established-early-on
, Design-Build-Disadvantages---ans-✔✔Early-definition-of-the-program-required,-owner's-
loss-of-control-during-design,-potential-for-quality-to-be-compromised
What-is-True-concerning-delivery-methods?---ans-✔✔delivery-methods-are-the-forms-of-
organizing-the-construction-project,-all-delivery-methods-have-dissimilar-risks
What-delivery-method-can-reduce-and-cut-time-the-most-when-compared-to-other-
methods?---ans-✔✔Design-Build
What-delivery-method-allows-the-contractor(s)-to-provide-input-on-design-alternatives?---
ans-✔✔CM-at-Risk-and-Design-Build
With-this-delivery-method,-the-owner-holds-contracts-with-the-designer-and-several-
contractors.-The-CM-assists-in-scheduling-the-contractors.---ans-✔✔Multiple-Prime
Price-Competitively-Bid-Contract-Advantages---ans-✔✔Well-known,-competitive,-fair-
and-transparent,-produces-"lowest"-price,-contractor-assumes-risk-for-completion
Price-Competitively-Bid-Contract-Disadvantages---ans-✔✔No-consideration-of-any-
qualification-except-price,-work-must-be-well-specified
Negotiated-Price-Contract-Advantages---ans-✔✔Best-value-selection,-freedom-to-pick-
subcontractors,-easier-choice-of-alternatives,-opportunity-NOT-to-pay-for-design-errors
Negotiated-Price-Contract-Disadvantages---ans-✔✔Potential-abuse,-may-not-be-legal,-
requires-expertise-on-the-part-of-the-owner-(or-their-consultants)
When-is-a-reimbursable-contract-most-appropriate-and-best-suitable?-(Fixed-vs.-
Reimbursable)---ans-✔✔Unknown-quantities-of-work,-risky-work,-work-that-is-impossible-
to-define
General-Contractor-Reimbursement-Methods---ans-✔✔Lump-sum,-GMP-(Guaranteed-
Maximum-Price),-Unit-Price,-Cost-Plus-a-Fixed-Fee,-Time-and-Materials
What-are-the-four-main-delivery-Contract-Methods?---ans-✔✔Design-Bid-Build-
(Traditional-Method),-Multiple-Prime,-CM-at-Risk,-Design-Build
What-constitutes-the-contract-documents?---ans-✔✔The-agreement,-drawings,-
specifications,-addenda-(changes-issued-prior-to-the-bid),-modifications-(changes-issued-
after-the-bid),-any-documents-incorporated-by-reference
Typical-Project-Contract-Documents---ans-✔✔Standard-Forms:-AIA,-CMAA,-Others;-
Customized-forms:-county-government;-combination-of-both
Standard-Form-Contracts-Advantages---ans-✔✔Increase-the-predictability-of-project-
outcomes,-increase-the-consistency-of-pricing,-simplify-management,-regularly-updated.-
MANAGER STUDY SET
Construction-Management---ans-✔✔The-practice-of-professional-management-applied-
to-the-planing,-design,-and-construction-of-projects,-from-inception-to-completion,-for-the-
purpose-of-controlling-time,-cost,-and-quality
Construction-Contract-Administration-Objectives---ans-✔✔To-control:-time,-cost,-quality,-
information-flow-and-to-satisfy-the-Owner's-goals-and-objectives-for-the-project
Design-Bid-Build-Advantages---ans-✔✔Widely-applicable,-understandable,-owner-
retains-control,-owner-"knows"-the-cost-prior-to-the-start-of-Construction
Design-Bid-Build-Disadvantages---ans-✔✔Relatively-slow,-owner-is-liable-for-the-design,-
constructability-issues,-adversarial-relationships-fostered
Multiple-Prime-Advantages---ans-✔✔Increased-Owner-control,-work-easily-fast-tracked,-
save-general-contractor-markups,-some-states-require-it
Multiple-Prime-Disadvantages---ans-✔✔Owner-has-risk-of-controlling-time-and-
coordination,-multiple-accountability-for-performance,-unknown-"final"-cost-at-
construction-start,-same-owner-risks-as-traditional-approach
CM-at-Risk-Advantags---ans-✔✔Well-suited-for-fast-tracking,-contractor-(and-
subcontractor)-input-on-design-alternatives,-better-cost-info,-permits-"picking"-of-the-
builder
CM-at-Risk-Disadvantages---ans-✔✔Change-of-CM's-accountability-after,-GMP-
(guaranteed-maximum-price)-is-signed,-tempted-to-sign-GMP-"too-soon",-variations-in-
procurement-methods
Design-Build-Advantages---ans-✔✔Accountability-for-project-delivery,-reduced-disputes,-
can-cut-time-and-cost,-builder-can-have-input-to-design/constructabibility,-budget-
established-early-on
, Design-Build-Disadvantages---ans-✔✔Early-definition-of-the-program-required,-owner's-
loss-of-control-during-design,-potential-for-quality-to-be-compromised
What-is-True-concerning-delivery-methods?---ans-✔✔delivery-methods-are-the-forms-of-
organizing-the-construction-project,-all-delivery-methods-have-dissimilar-risks
What-delivery-method-can-reduce-and-cut-time-the-most-when-compared-to-other-
methods?---ans-✔✔Design-Build
What-delivery-method-allows-the-contractor(s)-to-provide-input-on-design-alternatives?---
ans-✔✔CM-at-Risk-and-Design-Build
With-this-delivery-method,-the-owner-holds-contracts-with-the-designer-and-several-
contractors.-The-CM-assists-in-scheduling-the-contractors.---ans-✔✔Multiple-Prime
Price-Competitively-Bid-Contract-Advantages---ans-✔✔Well-known,-competitive,-fair-
and-transparent,-produces-"lowest"-price,-contractor-assumes-risk-for-completion
Price-Competitively-Bid-Contract-Disadvantages---ans-✔✔No-consideration-of-any-
qualification-except-price,-work-must-be-well-specified
Negotiated-Price-Contract-Advantages---ans-✔✔Best-value-selection,-freedom-to-pick-
subcontractors,-easier-choice-of-alternatives,-opportunity-NOT-to-pay-for-design-errors
Negotiated-Price-Contract-Disadvantages---ans-✔✔Potential-abuse,-may-not-be-legal,-
requires-expertise-on-the-part-of-the-owner-(or-their-consultants)
When-is-a-reimbursable-contract-most-appropriate-and-best-suitable?-(Fixed-vs.-
Reimbursable)---ans-✔✔Unknown-quantities-of-work,-risky-work,-work-that-is-impossible-
to-define
General-Contractor-Reimbursement-Methods---ans-✔✔Lump-sum,-GMP-(Guaranteed-
Maximum-Price),-Unit-Price,-Cost-Plus-a-Fixed-Fee,-Time-and-Materials
What-are-the-four-main-delivery-Contract-Methods?---ans-✔✔Design-Bid-Build-
(Traditional-Method),-Multiple-Prime,-CM-at-Risk,-Design-Build
What-constitutes-the-contract-documents?---ans-✔✔The-agreement,-drawings,-
specifications,-addenda-(changes-issued-prior-to-the-bid),-modifications-(changes-issued-
after-the-bid),-any-documents-incorporated-by-reference
Typical-Project-Contract-Documents---ans-✔✔Standard-Forms:-AIA,-CMAA,-Others;-
Customized-forms:-county-government;-combination-of-both
Standard-Form-Contracts-Advantages---ans-✔✔Increase-the-predictability-of-project-
outcomes,-increase-the-consistency-of-pricing,-simplify-management,-regularly-updated.-
