ALL CONSTRUCTION EXAM
MUST KNOWS
What'snitncallednwhennancontractornadjustsntheirnbidntongetnmorenmoneynupnfrontnorn
tontakenadvantagenofnanmistakeninnquantities?n-ncorrectnanswer-
Frontnloadingnornunbalancednbid
WhatnarenthreenmainnPAYMENTnmethodsnwhennhiringnancontractor?n-
ncorrectnanswer-
LumpnSum,nCostnPlusnFeen(%nornFixed),nCostnPlusnFeenwithnGMP,nUnitnPrice
Thisntermndescribesnthenprocessnofnstartingnconstructionnbeforenthendesignnisn100%
ncomplete.n-ncorrectnanswer-WhatnisnFastnTracking?
Whichndeliverynsystemninvolvesnthenownernhiringnallnsubsndirectly?n-
ncorrectnanswer-MultiplenPrime
InnDesignnBidnBuildn(privatenowner),nwhontypicallynchecksnthenContractor'snwork?n-
ncorrectnanswer-DesignnTeam
ListnthreenIndirectnCostsn-ncorrectnanswer-
Overhead,nProfit,nInsurance,nBond,nGeneralnConditions
TruenornFalse?nThenforkliftnusednforngeneralnsitenmaintenancenisnannIndirectnCostn-
ncorrectnanswer-True
Whatnisnthennamenofnthen"paymentnsystem"nwherenthencontractorngetsnpaidntheirnco
sts,nbutnwithnannoverallncap?n-ncorrectnanswer-CostnPlusnFeenwithnanGMP
, What'snthennamenofnancomprehensive,nlong‐termnplan?n-ncorrectnanswer-
MasternPlan
Tonwinnanlownbid,nancontractornmustnbenbothn______n&n_______n-ncorrectnanswer-
Responsiblen&nResponsive
TruenornFalse?
nIfnyounexcavaten10BCY,nyounwillnneednonen10CYndumpntruckntonhaulingnthatnsoil.n-
ncorrectnanswer-Falsen-nThensoilnwillnswelln10-40%nbynvolume
Whatnisnthenapproximatenconstructionncostn(pernsquarenfoot)nofnanstandardnofficenb
uilding?n-ncorrectnanswer-$200/SF
Whatnisnthenapproximatenconstructionncostn(totalncost)nofnan50,000sfnofficenbuilding
?n-ncorrectnanswer-10nMillion
Whenndoingnanquantityntakeoffnfornformwork,nwenaddedn10%.nWhy?n-
ncorrectnanswer-Waste
Isnitnunethicalntonbuildnanprison?n-ncorrectnanswer-
Thenanswerndependsnonnpersonalnethicsnandnprofessionalnethics.
WhatnwouldnyouncallnthentechniquenwhennansubnasksnanGCnfornthenothernbidders'nn
umbers,nthennoffersntonbeatnthenlowestnprice?n-ncorrectnanswer-BidnSelling
TruenornFalse?
nAnnRFInisnusedntonformallyndocumentnanchangentonthenprojectnPRICEn-
ncorrectnanswer-False.nRFIsnarenusednfornclarificationnpurposes,nnotnchanges.
TruenornFalse?
nThenDesignnTeamnnevernAPPROVESnsubmittals.nTheynREVIEWnfornconformancen
tonplansnandnspecsn-ncorrectnanswer-
True.nThenaccuracynofnthensubmittalnultimatelynfallsnonnthencontractor'snshoulders.
Whatnarentypicalnsourcesnofnfundingnfornanconstructionnproject?
nChoosenallnthatnapply.n-ncorrectnanswer-
Bonds,ngovernmentnbudgets,nconstructionnloans,nandndonors
TruenornFalse?nLendersndeemnprojectsnhigh-
risknduringnconstructionnbecausenthey'rennotnusefulnuntilncomplete.n-
ncorrectnanswer-True
Whatnisnthentypicaln"trigger"ntonmovenanprojectnfromnMasternPlanningntonProjectnPla
nning?nChoosenthenbestnanswer.n-ncorrectnanswer-Funding
WhatnarentypicalnactivitiesnperformednduringnProjectnPlanning?
nChoosenallnthatnapply.n-ncorrectnanswer-
Investigatenexistingnconditions,ndefinenthenprojectnscope,ndefinenthenprojectngoals
MUST KNOWS
What'snitncallednwhennancontractornadjustsntheirnbidntongetnmorenmoneynupnfrontnorn
tontakenadvantagenofnanmistakeninnquantities?n-ncorrectnanswer-
Frontnloadingnornunbalancednbid
WhatnarenthreenmainnPAYMENTnmethodsnwhennhiringnancontractor?n-
ncorrectnanswer-
LumpnSum,nCostnPlusnFeen(%nornFixed),nCostnPlusnFeenwithnGMP,nUnitnPrice
Thisntermndescribesnthenprocessnofnstartingnconstructionnbeforenthendesignnisn100%
ncomplete.n-ncorrectnanswer-WhatnisnFastnTracking?
Whichndeliverynsystemninvolvesnthenownernhiringnallnsubsndirectly?n-
ncorrectnanswer-MultiplenPrime
InnDesignnBidnBuildn(privatenowner),nwhontypicallynchecksnthenContractor'snwork?n-
ncorrectnanswer-DesignnTeam
ListnthreenIndirectnCostsn-ncorrectnanswer-
Overhead,nProfit,nInsurance,nBond,nGeneralnConditions
TruenornFalse?nThenforkliftnusednforngeneralnsitenmaintenancenisnannIndirectnCostn-
ncorrectnanswer-True
Whatnisnthennamenofnthen"paymentnsystem"nwherenthencontractorngetsnpaidntheirnco
sts,nbutnwithnannoverallncap?n-ncorrectnanswer-CostnPlusnFeenwithnanGMP
, What'snthennamenofnancomprehensive,nlong‐termnplan?n-ncorrectnanswer-
MasternPlan
Tonwinnanlownbid,nancontractornmustnbenbothn______n&n_______n-ncorrectnanswer-
Responsiblen&nResponsive
TruenornFalse?
nIfnyounexcavaten10BCY,nyounwillnneednonen10CYndumpntruckntonhaulingnthatnsoil.n-
ncorrectnanswer-Falsen-nThensoilnwillnswelln10-40%nbynvolume
Whatnisnthenapproximatenconstructionncostn(pernsquarenfoot)nofnanstandardnofficenb
uilding?n-ncorrectnanswer-$200/SF
Whatnisnthenapproximatenconstructionncostn(totalncost)nofnan50,000sfnofficenbuilding
?n-ncorrectnanswer-10nMillion
Whenndoingnanquantityntakeoffnfornformwork,nwenaddedn10%.nWhy?n-
ncorrectnanswer-Waste
Isnitnunethicalntonbuildnanprison?n-ncorrectnanswer-
Thenanswerndependsnonnpersonalnethicsnandnprofessionalnethics.
WhatnwouldnyouncallnthentechniquenwhennansubnasksnanGCnfornthenothernbidders'nn
umbers,nthennoffersntonbeatnthenlowestnprice?n-ncorrectnanswer-BidnSelling
TruenornFalse?
nAnnRFInisnusedntonformallyndocumentnanchangentonthenprojectnPRICEn-
ncorrectnanswer-False.nRFIsnarenusednfornclarificationnpurposes,nnotnchanges.
TruenornFalse?
nThenDesignnTeamnnevernAPPROVESnsubmittals.nTheynREVIEWnfornconformancen
tonplansnandnspecsn-ncorrectnanswer-
True.nThenaccuracynofnthensubmittalnultimatelynfallsnonnthencontractor'snshoulders.
Whatnarentypicalnsourcesnofnfundingnfornanconstructionnproject?
nChoosenallnthatnapply.n-ncorrectnanswer-
Bonds,ngovernmentnbudgets,nconstructionnloans,nandndonors
TruenornFalse?nLendersndeemnprojectsnhigh-
risknduringnconstructionnbecausenthey'rennotnusefulnuntilncomplete.n-
ncorrectnanswer-True
Whatnisnthentypicaln"trigger"ntonmovenanprojectnfromnMasternPlanningntonProjectnPla
nning?nChoosenthenbestnanswer.n-ncorrectnanswer-Funding
WhatnarentypicalnactivitiesnperformednduringnProjectnPlanning?
nChoosenallnthatnapply.n-ncorrectnanswer-
Investigatenexistingnconditions,ndefinenthenprojectnscope,ndefinenthenprojectngoals
