Question 1

A cash flow analysis utilizes information from a (an)????

Accepted Answer

A)  Estimate 
B)  Construction schedule 
C)  Value engineering program 
D)  Both $\mathrm{A}$ and $\mathrm{B}$ 
E)  None of the above 
A)  Estimate 
B)  Construction schedule 
C)  Value engineering program 
D)  Both $\mathrm{A}$ and $\mathrm{B}$ 
E)  None of the above D

Question 2

Match the type of schedule listed with the description following. Schedule types may be used more than once.
-Utilizes $i-j$ notation

Accepted Answer

A)  Activity on arrow (AO
A)  
B)  Activity on node (AON) 
C)  Matrix 
D)  Bar chart 
A)  Activity on arrow (AO
A)  
B)  Activity on node (AON) 
C)  Matrix 
D)  Bar chart A

Question 3

What is a punch list?

Accepted Answer

A)  A card that keeps track of hours worked 
B)  A stencil for punching holes in steel 
C)  Items that must be completed prior to contract completion 
D)  None of the above 
A)  A card that keeps track of hours worked 
B)  A stencil for punching holes in steel 
C)  Items that must be completed prior to contract completion 
D)  None of the above C

Question 4

Value engineering can best be described as ????

Accepted Answer

A)  An ongoing process in the life of a project 
B)  A design exercise 
C)  Only done when bidding trade work 
D)  Seldom worth the effort 
E)  Both $\mathrm{B}$ and $\mathrm{C}$ 
A)  An ongoing process in the life of a project 
B)  A design exercise 
C)  Only done when bidding trade work 
D)  Seldom worth the effort 
E)  Both $\mathrm{B}$ and $\mathrm{C}$

Question 5

The ????type of schedule is graphically simple, easily understood, and accepted by the construction industry.

Accepted Answer

A)  Progress curve 
B)  Matrix 
C)  Bar chart 
D)  None of the above 
A)  Progress curve 
B)  Matrix 
C)  Bar chart 
D)  None of the above

Question 6

Identify in which listed project phase each following project activity would normally occur. Use each phase once only.
-Describe owner's objectives

Accepted Answer

A)  Conceptual planning 
B)  Schematic design 
C)  Design development 
D)  Construction documents 
E)  Bidding and award 
A)  Conceptual planning 
B)  Schematic design 
C)  Design development 
D)  Construction documents 
E)  Bidding and award

Question 7

The architect is most heavily involved during which of the following project phases?

Accepted Answer

A)  Construction 
B)  Engineering and design 
C)  Concept and feasibility 
D)  Startup and implementation 
A)  Construction 
B)  Engineering and design 
C)  Concept and feasibility 
D)  Startup and implementation

Question 8

In a Design/Bid/Build contractual arrangement, the architect signs a contract with the????

Accepted Answer

A)  Owner 
B)  Construction manager 
C)  General contractor 
D)  Subcontractor 
E)  None of the above 
A)  Owner 
B)  Construction manager 
C)  General contractor 
D)  Subcontractor 
E)  None of the above

Question 9

In what project phase are the bid packages advertised and the project contracted out so construction can begin?

Accepted Answer

A)  Concept and feasibility 
B)  Engineering and design 
C)  Procurement 
D)  Construction 
E)  Operation and utilization 
A)  Concept and feasibility 
B)  Engineering and design 
C)  Procurement 
D)  Construction 
E)  Operation and utilization

Question 10

What is (are) the benefits of meeting with local contractors prior to developing a project bid package?

Accepted Answer

A)  Determine bidder interest 
B)  Learn about local trade jurisdictions 
C)  Learn about local building codes 
D)  Meet local labor pool 
E)  All of the above 
A)  Determine bidder interest 
B)  Learn about local trade jurisdictions 
C)  Learn about local building codes 
D)  Meet local labor pool 
E)  All of the above

Question 11

Which of the estimates listed would occur last in a project time line?

Accepted Answer

A)  Rough order of magnitude 
B)  Square foot estimate 
C)  Bid estimate 
D)  Assemblies estimate 
A)  Rough order of magnitude 
B)  Square foot estimate 
C)  Bid estimate 
D)  Assemblies estimate

Question 12

In a guaranteed maximum price contract, costs above the guarantee are absorbed by the owner.

Accepted Answer

A) True 
 B)False

Question 13

In reporting, a variance can best be described as????

Accepted Answer

A)  Correct information in the proper form 
B)  A method for providing information on time 
C)  A difference from a planned amount 
D)  None of the above 
A)  Correct information in the proper form 
B)  A method for providing information on time 
C)  A difference from a planned amount 
D)  None of the above

Question 14

Owner involvement is highest during what project phase?

Accepted Answer

A)  Construction 
B)  Engineering and design 
C)  Concept and feasibility 
D)  None of the above 
A)  Construction 
B)  Engineering and design 
C)  Concept and feasibility 
D)  None of the above

Question 15

In CPM the steps or operations necessary to complete a project are shown on a bar chart.

Accepted Answer

A) True 
 B)False

Question 16

General conditions and home office overhead are examples of what type of costs?

Accepted Answer

A)  Direct 
B)  Indirect 
C)  Both $A$ and $B$ 
D)  None of the above 
A)  Direct 
B)  Indirect 
C)  Both $A$ and $B$ 
D)  None of the above

Question 17

A (An)????is a systematic classification and categorization of all work or cost items pertaining to a particular project.

Accepted Answer

A)  Network schedule 
B)  Cost code 
C)  Distribution code 
D)  Estimate 
E)  None of the above 
A)  Network schedule 
B)  Cost code 
C)  Distribution code 
D)  Estimate 
E)  None of the above

Question 18

Fast tracking is one of the major advantages in a traditional arrangement.

Accepted Answer

A) True 
 B)False

Question 19

Match the type of schedule listed with the description following. Schedule types may be used more than once.
-Graphic style makes it adaptable to high-rise construction

Accepted Answer

A)  Activity on arrow (AO
A)  
B)  Activity on node (AON) 
C)  Matrix 
D)  Bar chart 
A)  Activity on arrow (AO
A)  
B)  Activity on node (AON) 
C)  Matrix 
D)  Bar chart

Question 20

Match the description with the terms listed.Terms may be used only once.
-Unofficial tracking of clarifications

Accepted Answer

A)  Request for information 
B)  Contract force report 
C)  Field transmittal memos 
D)  Contract status report 
E)  Notice to proceed 
A)  Request for information 
B)  Contract force report 
C)  Field transmittal memos 
D)  Contract status report 
E)  Notice to proceed

A cash flow analysis utilizes information from a (an)????

Match the type of schedule listed with the description following. Schedule types may be used more than once. -Utilizes $i-j$ notation

What is a punch list?

Value engineering can best be described as ????

The ????type of schedule is graphically simple, easily understood, and accepted by the construction industry.

Identify in which listed project phase each following project activity would normally occur. Use each phase once only. -Describe owner's objectives

The architect is most heavily involved during which of the following project phases?

In a Design/Bid/Build contractual arrangement, the architect signs a contract with the????

In what project phase are the bid packages advertised and the project contracted out so construction can begin?

What is (are) the benefits of meeting with local contractors prior to developing a project bid package?

Which of the estimates listed would occur last in a project time line?

In a guaranteed maximum price contract, costs above the guarantee are absorbed by the owner.

In reporting, a variance can best be described as????

Owner involvement is highest during what project phase?

In CPM the steps or operations necessary to complete a project are shown on a bar chart.

General conditions and home office overhead are examples of what type of costs?

A (An)????is a systematic classification and categorization of all work or cost items pertaining to a particular project.

Fast tracking is one of the major advantages in a traditional arrangement.

Match the type of schedule listed with the description following. Schedule types may be used more than once. -Graphic style makes it adaptable to high-rise construction

Match the description with the terms listed.Terms may be used only once. -Unofficial tracking of clarifications

The Construction Industry

Project Participants

Organizing and Leading the Construction Project

Project Delivery Methods

Project Chronology

Construction Services During Design

Bidding and Procurement

Construction and Closeout

Estimating Project Costs

Project Planning and Scheduling

Controlling Project Cost, Time, and Quality

Job Site Administration

Construction Law

Construction Safety and Health

Filters

Exam 15: Key Concepts in Construction Management and Delivery Methods

A cash flow analysis utilizes information from a (an)????

Match the type of schedule listed with the description following. Schedule types may be used more than once. -Utilizes i−ji-ji−j notation

What is a punch list?

Value engineering can best be described as ????

The ????type of schedule is graphically simple, easily understood, and accepted by the construction industry.

Identify in which listed project phase each following project activity would normally occur. Use each phase once only. -Describe owner's objectives

The architect is most heavily involved during which of the following project phases?

In a Design/Bid/Build contractual arrangement, the architect signs a contract with the????

In what project phase are the bid packages advertised and the project contracted out so construction can begin?

What is (are) the benefits of meeting with local contractors prior to developing a project bid package?

Which of the estimates listed would occur last in a project time line?

In a guaranteed maximum price contract, costs above the guarantee are absorbed by the owner.

In reporting, a variance can best be described as????

Owner involvement is highest during what project phase?

In CPM the steps or operations necessary to complete a project are shown on a bar chart.

General conditions and home office overhead are examples of what type of costs?

A (An)????is a systematic classification and categorization of all work or cost items pertaining to a particular project.

Fast tracking is one of the major advantages in a traditional arrangement.

Match the type of schedule listed with the description following. Schedule types may be used more than once. -Graphic style makes it adaptable to high-rise construction

Match the description with the terms listed.Terms may be used only once. -Unofficial tracking of clarifications

The Construction Industry

Project Participants

Organizing and Leading the Construction Project

Project Delivery Methods

Project Chronology

Construction Services During Design

Bidding and Procurement

Construction and Closeout

Estimating Project Costs

Project Planning and Scheduling

Controlling Project Cost, Time, and Quality

Job Site Administration

Construction Law

Construction Safety and Health

Filters

Match the type of schedule listed with the description following. Schedule types may be used more than once. -Utilizes $i-j$ notation