Exam 15: Key Concepts in Construction Management and Delivery Methods

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Fair cost estimates represent the construction manager's appraisal to the owner of the fair value of the bid package.

(True/False)
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Match the description with the terms listed.Terms may be used only once. -Shows scheduled milestones and relationships among work packages

(Multiple Choice)
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Match the description with the terms listed.Terms may be used only once. -Shows outputs from cost/schedule engineering; compares actual to budget

(Multiple Choice)
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In the case of design/build, the constructor acts as a general contractor with single-firm control of all subcontractors.

(True/False)
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One major difference between equipment and material is that equipment does not become part of the project at the end of the job.

(True/False)
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A (An) ????clause is issued during a dispute to bring in a professional to guide parties to a mutually acceptable settlement.

(Multiple Choice)
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Which of the following are the three parties to a construction management contract?

(Multiple Choice)
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The construction manager is responsible for submitting as-built drawings to the owner at the start of the project.

(True/False)
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One advantage of a Design/Bid/Build delivery method is known project costs before construction begins.

(True/False)
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Which of the following is true of a GMP contract?

(Multiple Choice)
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Match the letter in the project control chart shown in the figure with the corresponding item in the following. Match the letter in the project control chart shown in the figure with the corresponding item in the following.    -Upper management: Final decisions and revisions before implementation -Upper management: Final decisions and revisions before implementation

(Short Answer)
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Owner involvement is highest during which project phase?

(Multiple Choice)
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Site selection and financing would usually be the responsibility of the????

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The construction manager prepares a ???? estimate for the purposes of evaluation, subcontractor bids, productivity analysis, and so on.

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Which of the following would be considered an external factor that might affect a project's success?

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The field office would typically accomplish which of the following tasks?

(Multiple Choice)
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Which of the following would have the most impact on reducing job-site accidents?

(Multiple Choice)
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In a guaranteed maximum price (GMP) contract, costs above the GMP are covered by the owner.

(True/False)
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Which category of construction is the largest?

(Multiple Choice)
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Identify in which listed project phase each following project activity would normally occur. Use each phase once only. -Prepare addenda for pricing

(Multiple Choice)
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