Exam 12: Renovation and Capital Projects

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Which of the following estimating methods is the most accurate?

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A

Major renovations are usually done on a __________ cycle.

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C

Why is it a good idea to hire design professionals for all but the very smallest renovation projects?

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D

A good source of sample construction contracts is:

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Equipment or materials that are functionally, operationally, and aesthetically equivalent to higher-priced items made by different manufacturers are called:

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A facility life-cycle cost study is a:

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The property's renovation manager should clarify the contractor's responsibilities for cleaning up areas of the hotel where construction work was done before signing the:

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Which of the following places the four phases of the design process in the proper order (from phase 1 to phase 4)?

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What is a punch list?

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With a design/build contract:

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