CMIT EXAM NEWEST 2024 ACTUAL EXAM 200 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+.pdf

CMIT EXAM STUDY | NEWEST ACTUAL m m m m m




EXAM COMPREHENSIVE QUESTIONS A m m m




ND VERIFIED ANSWERS GRADED A+ | 1
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00% PASS | 2025 UPDATE! m m m m




When delay is due to cause, beyond the control of both the owner and
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mthe contractor, an extension in contract time in the amount equal to t
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he time lost on the critical path shall be the contractor's sole and excl
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usive remedy for such delay.
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True False - ✔✔✔ Correct Answer > True
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The traditional delivery system is characterized by executing the major
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phases of a project in: m m m m




A) An overlapping concept
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B) A linear sequence
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C) A fast track method
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D) All of the above - ✔✔✔ Correct Answer > B) A linear sequence
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The most common basis of CM liability to a trade contractor with who
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m the CM has no contractual relationship is negligent performance of t
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he CM's:
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A) Cost estimating m

,B) Inspection of work m m




C) Project coordination and scheduling
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D) All of the above -
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m✔✔✔ Correct Answer > C) Project coordination and scheduling
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A key advantage of the traditional delivery approach is:
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A) With the traditional delivery system, the cost of the constructio
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n phase is known before construction starts.
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B) Facility features are fully determined & specified.
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C) When the construction contract is signed, the major risk belongs t
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o the contractor.
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D) All of the above -
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m✔✔✔ Correct Answer > B) Facility features are fully determined
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& specified.
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The sole source of a CM's liability is to its client. Tr
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ue False - ✔✔✔ Correct Answer > True
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A CM's liability is determined solely by whether or not the CM perform
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ed according to the required standard of care.
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True False - ✔✔✔ Correct Answer > False
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To the extent that a CM assumes the designer's responsibilities for cost
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mestimates, the CM faces the same liability as similarly situated designe
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rs.

,True False - ✔✔✔ Correct Answer > True
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In the absence of both a limit on construction costs and a warranty fo
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r the accuracy of the cost estimate, a project cost overrun will cause t
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he CM to lose their fee.
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True False - ✔✔✔ Correct Answer > False
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Most owner- m



CM contracts commonly state that the CM's contractual obligations are
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msolely for the benefit of the owner.
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True False - ✔✔✔ Correct Answer > True
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Most publicly funded projects require which of the following inclusions
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as part of their contract obligations?
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A) BIM model m




B) Performance bond m




C) Mock-up model m




D) LEED Gold - ✔✔✔ Correct Answer > B) Performance bond
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A Public-
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Private Partnership (P3) project is usually considered by a public entity
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for which of the following primary reasons:
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A) Better design m




B) Incorporate environmental requirements m m




C) Lack of funding m m

, D) Meet sustainability goals -
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m✔✔✔ Correct Answer > C) Lack of funding
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What is the main advantage of private sector firms in managing their pr
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ocurement process? m




A) Price
B) Contract terms m




C) Bonding
D) Flexibility - ✔✔✔ Correct Answer > D) Flexibility
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Once the PMP is written and approved, it should not be changed.
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True False - ✔✔✔ Correct Answer > False
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What is one of the primary owner benefits of program management?
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A) Contractor selection m




B) Leveraged purchasing m




C) Partnering
D) Aligned dispute resolution - m m m



m✔✔✔ Correct Answer > B) Leveraged purchasing
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Project management and program management are similar in that the
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y both use
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A) Lean Six Sigma m m