CNST 1361 Final Exam Questions With Complete Solutions
In a pure construction management approach the construction manager usually guarantees the overall
price of the project. - (ANSWER)True
In a guaranteed maximum price (GMP) contract, costs above the GMP are covered by the contractor. -
(ANSWER)True
A unit-price contract provides an owner with price competition while still allowing for an increase or
decrease in actual versus estimated quantities. - (ANSWER)True
The choice of which delivery method is correct is a factor of perceived risk. Which of the following is a
source of project risk?
A
Financial concerns
B
Quality of the materials or workmanship
C
When the project will be completed
D
Quality of design
E
All of the above - (ANSWER)E. All of the above
In which of the following project approaches is owner oversight most difficult to apply?
A
Design/Bid/Build lump sum
B
Design/Bid/Build GMP
C
Design/Build
,CNST 1361 Final Exam Questions With Complete Solutions
D
Construction project management
E
Owner oversight is a function of staffing, not of the chosen delivery method - (ANSWER)C. Design Build
Identify in which project phase Contract for subcontract services would occur
A
Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
Turnover and startup - (ANSWER)C. Procurement
Identify in which project phase Broad-scale planning would occur
A
. Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
, CNST 1361 Final Exam Questions With Complete Solutions
Turnover and startup - (ANSWER).A. Initiation and feasibility analysis
Identify in which project phase Store spare parts and collect warranties would occur
A
Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
Turnover and startup - (ANSWER)E. Turnover and startup
Identify in which project phase Coordinate labor and material installation would occur
A
Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
Turnover and startup - (ANSWER)D. Construction
Identify in which project phase Write project specifications would occur
In a pure construction management approach the construction manager usually guarantees the overall
price of the project. - (ANSWER)True
In a guaranteed maximum price (GMP) contract, costs above the GMP are covered by the contractor. -
(ANSWER)True
A unit-price contract provides an owner with price competition while still allowing for an increase or
decrease in actual versus estimated quantities. - (ANSWER)True
The choice of which delivery method is correct is a factor of perceived risk. Which of the following is a
source of project risk?
A
Financial concerns
B
Quality of the materials or workmanship
C
When the project will be completed
D
Quality of design
E
All of the above - (ANSWER)E. All of the above
In which of the following project approaches is owner oversight most difficult to apply?
A
Design/Bid/Build lump sum
B
Design/Bid/Build GMP
C
Design/Build
,CNST 1361 Final Exam Questions With Complete Solutions
D
Construction project management
E
Owner oversight is a function of staffing, not of the chosen delivery method - (ANSWER)C. Design Build
Identify in which project phase Contract for subcontract services would occur
A
Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
Turnover and startup - (ANSWER)C. Procurement
Identify in which project phase Broad-scale planning would occur
A
. Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
, CNST 1361 Final Exam Questions With Complete Solutions
Turnover and startup - (ANSWER).A. Initiation and feasibility analysis
Identify in which project phase Store spare parts and collect warranties would occur
A
Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
Turnover and startup - (ANSWER)E. Turnover and startup
Identify in which project phase Coordinate labor and material installation would occur
A
Initiation and feasibility analysis
B
Project design
C
Procurement
D
Construction
E
Turnover and startup - (ANSWER)D. Construction
Identify in which project phase Write project specifications would occur