Page 1 of 32
UMASS BCT 353 FINAL EXAM NEWEST 2026 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALL ANSWERED
{80 Q & A} ALREADY GRADED A+ | BRAND NEW! |
100% GUARANTEED PASS
What is Qualitative Risk Analysis?
a) Analyzing the practicalities of an evacuation plan for everyone
in a building in the event of an emergency.
b) Having a monthly meeting with senior managers of relevant
departments to discuss potential risks relevant tp them.
c) The process of identifying and prioritizing risks for further
action by assessing how likely they are to happen, and potential
impacts if they do.
d) Having a team brainstorming session with colleagues where
all likely risks are listed for future action. - ✔✔✔ Correct Answer > c)
The process of identifying and prioritizing risks for further action
by assessing how likely they are to happen, and potential impacts
if they do.
The document used to submit the bid price to the owner is called
a _________________ form.
,Page 2 of 32
a) Change order
b) Proposal
c) Bid documents
d) All of the above - ✔✔✔ Correct Answer > b) Proposal
At what stage in the design process do architects produce
working drawings?
a) Feasibility
b) Conceptual design
c) Contract documents
d) Programming - ✔✔✔ Correct Answer > b) Conceptual design
----------- is a form of deduction that companies can use to
decrease their tax payments due to shortened service life of
their equipment over time.
a) Special conditions documents
b) Depreciation
c) Change order
d) Taxes form - ✔✔✔ Correct Answer > b) Depreciation
,Page 3 of 32
Which of the following documents are included in the bid
package?
I. Proposal Form
II. Special Conditions
III. Technical Specifications
IV. General Conditions
V. Bid Bond
a) I, II, and III
b) II, III, and IV
c) I, II, IV, and V
d) I, II, III, and IV - ✔✔✔ Correct Answer > d) I, II, III, and IV
The procedure that allows a contractor to propose changes to
the design with the approval of the designer to save time and/or
money is called.
a) Design build engineering
b) Cost engineering'
c) Value Engineering
d) Process Engineering - ✔✔✔ Correct Answer > c) Value Engineering
, Page 4 of 32
Which of the following documents determines the zero-day of the
project for scheduling purposes?
a) Notice to bidders
b) Notice to proceed
c) Formal contract
d) Proposal Form - ✔✔✔ Correct Answer > b) Notice to proceed
The amount held back from the payments to give the contractor
an incentive to finish the job on time is called
a) Progress Payment
b) Escrow
c) Retainage
d) Liquidated damages - ✔✔✔ Correct Answer > c) Retainage
Which ONES of the following is included in a lump sum bid price?
a) Change orders
b) Indirect costs of construction
c) Home office overhead
UMASS BCT 353 FINAL EXAM NEWEST 2026 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALL ANSWERED
{80 Q & A} ALREADY GRADED A+ | BRAND NEW! |
100% GUARANTEED PASS
What is Qualitative Risk Analysis?
a) Analyzing the practicalities of an evacuation plan for everyone
in a building in the event of an emergency.
b) Having a monthly meeting with senior managers of relevant
departments to discuss potential risks relevant tp them.
c) The process of identifying and prioritizing risks for further
action by assessing how likely they are to happen, and potential
impacts if they do.
d) Having a team brainstorming session with colleagues where
all likely risks are listed for future action. - ✔✔✔ Correct Answer > c)
The process of identifying and prioritizing risks for further action
by assessing how likely they are to happen, and potential impacts
if they do.
The document used to submit the bid price to the owner is called
a _________________ form.
,Page 2 of 32
a) Change order
b) Proposal
c) Bid documents
d) All of the above - ✔✔✔ Correct Answer > b) Proposal
At what stage in the design process do architects produce
working drawings?
a) Feasibility
b) Conceptual design
c) Contract documents
d) Programming - ✔✔✔ Correct Answer > b) Conceptual design
----------- is a form of deduction that companies can use to
decrease their tax payments due to shortened service life of
their equipment over time.
a) Special conditions documents
b) Depreciation
c) Change order
d) Taxes form - ✔✔✔ Correct Answer > b) Depreciation
,Page 3 of 32
Which of the following documents are included in the bid
package?
I. Proposal Form
II. Special Conditions
III. Technical Specifications
IV. General Conditions
V. Bid Bond
a) I, II, and III
b) II, III, and IV
c) I, II, IV, and V
d) I, II, III, and IV - ✔✔✔ Correct Answer > d) I, II, III, and IV
The procedure that allows a contractor to propose changes to
the design with the approval of the designer to save time and/or
money is called.
a) Design build engineering
b) Cost engineering'
c) Value Engineering
d) Process Engineering - ✔✔✔ Correct Answer > c) Value Engineering
, Page 4 of 32
Which of the following documents determines the zero-day of the
project for scheduling purposes?
a) Notice to bidders
b) Notice to proceed
c) Formal contract
d) Proposal Form - ✔✔✔ Correct Answer > b) Notice to proceed
The amount held back from the payments to give the contractor
an incentive to finish the job on time is called
a) Progress Payment
b) Escrow
c) Retainage
d) Liquidated damages - ✔✔✔ Correct Answer > c) Retainage
Which ONES of the following is included in a lump sum bid price?
a) Change orders
b) Indirect costs of construction
c) Home office overhead
