hapters 1-17 j
What is the best skill essential to a project managers success thatwill re
j j j j j j j j j j j j j
sult in a "best solution" outcome? - Problem Solving
j j j j j j j j
Cost control involves the use of "comparisons" to indicate theneed to
j j j j j j j j j j j j
do what? -
j j
Change methods, change techniques, or change crew composition t
j j j j j j j j j
o earn profit
j j
What are the 5 phases of the construction process? -
j j j j j j j j j
Predesign,Design, Bid/Award, Construction, Post Construction
j j j j j j
Which of the following is a fundamental element of a contract?
j j j j j j j j j j
A. Time extension j
B. Revised Scope of work j j j
C. Mutual acceptance j
D. Exchange of money - B. Revised Scope of Work j j j j j j j j
Which of the following contract types have the most risk for thecontract
j j j j j j j j j j j j
or?
A. Lump Sum j
,B. Unit Price j
C. Cost plus j
D. Cost plus GMP - A. Lump Sum j j j j j j
Which of the following contract types are best used if the scope isdefine
j j j j j j j j j j j j j
d but not the quantities of material?
j j j j j j
A. Unit Price j
B. Lump Sum j
C. Cost Plus j
D. Cost Plus GMP - A. Unit Price j j j j j j
What is the advantage of forming a corporation?
j j j j j j j
A. Value of corporation can't go down from initial purchase price
j j j j j j j j j
B. Reduced personal liability of shareholders j j j j
C. Less taxes paid than limited liability corporation
j j j j j j
D. Quick decision making especially for large companies -
j j j j j j j
B.Reduced personal liability of shareholders
j j j j j j
In the construction industry, which legal entity is often a temporaryarra
j j j j j j j j j j j
ngement?
A. Partnership
B. Sole proprietorship j
,C. Limited liability corporation j j
D. Joint ventures - D. Joint ventures j j j j j
True/False: The traditional project delivery system, also frequentlyref j j j j j j j j
erred to as "design-bid-j j j
build" has been the most used project delivery system since the late 18
j j j j j j j j j j j j
00s - True j j
True/False: In the traditional project delivery system, the contracto j j j j j j j j
r is responsible for providing the labor, material, equipment, and co
j j j j j j j j j j
nstruction documents, based on the owner'sneeds. - False j j j j j j j j
True/False: In the traditional project delivery system, the capitalprojec j j j j j j j j j
ts officer is concerned primarily with the disbursement of funds for the p
j j j j j j j j j j j j
roject. - False j j
True/False: In the CM delivery system, the design manager is respon j j j j j j j j j j
sible for the coordination of shop drawings, submittals, layout, subco
j j j j j j j j j
ntractor organization, payment verification, and whatever duties are
j j j j j j j j
assigned by the construction superintendentor construction adminis
j j j j j j j
trator. - False j j
True/False: The Engineering-Procurement-Construction (E-P- j j j
C)system is a common delivery system for light construction facilitie
j j j j j j j j j j
s. - False
j j
, True/False: CM-at- j
Risk is similar to the GMP arrangement in thetraditional system, excep
j j j j j j j j j j j
t that the construction manager is involved in the conception and desig
j j j j j j j j j j j
n of he project rather than entering after the completion of the contract d
j j j j j j j j j j j j j
ocuments. - True j j
True/False: In an Agency CM contracting arrangement, thecon j j j j j j j j
struction manager does not have design or constructionrespon
j j j j j j j j
sibilities. - True j j
True/False: In the Agency CM delivery system, the architect has acont j j j j j j j j j j j
ract with the CM, but all prime contractors have contracts onlywith the
j j j j j j j j j j j j j
Owner. - False j j
True/False: Some design- j j
build firms contract out both the architectural and construction service
j j j j j j j j j
s components of a project. -True
j j j j j j
True/False: One design- j j
build delivery system is a hybrid of theothers where a design and co
j j j j j j j j j j j j j
ntracting firm form a joint venture/partnership for one specific proje
j j j j j j j j j
ct. The venture/partnership is usually dissolved when the project is
j j j j j j j j j j
complete. - True j j