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BCN 3027 Mid Term Review (Principles of Construction Management) Questions With Complete Solutions

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BCN 3027 Mid Term Review (Principles of Construction Management) Questions With Complete Solutions

Institution
BCN 3027
Course
BCN 3027

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BCN 3027 Mid Term Review (Principles of Construction Management) Questions With Complete
Solutions



Order the following typical project development phases from earliest to latest. - (ANSWER)1. Idea/Need,
2. Feasibility Study/Financing, 3. Design, 4. Project (contracting services) Procurement, 5. Construction



Which of these members is responsible for performing specialized construction/installation work? -
(ANSWER)Sub/Trade Contractors



Which of these members is responsible for translating the project requirements and needs into a
communicable document form? - (ANSWER)Designer



Which of these members is responsible for providing means, methods, & work sequences to build
project? - (ANSWER)Contractor



Which of these members is responsible for initiating the project & controlling the entire process? -
(ANSWER)Owner



Which of these members is responsible for providing material, systems, and equipment? -
(ANSWER)Suppliers and Vendors



True or False - The owner is ultimately responsible for the outcome of a project? - (ANSWER)True



Owners of each construction project need to select a procurement method & payment scheme for their
projects to ensure successful completion. Which of the following statements is related to Project
Procurement Methods? & Which are related to Project Payment Schemes? Are used to help project
owners find qualified GC/CM - (ANSWER)Project Procurement Method



Owners of each construction project need to select a procurement method & payment scheme for their
projects to ensure successful completion. Which of the following statements is related to Project
Procurement Methods? & Which are related to Project Payment Schemes? Are used by project owners
to compensate qualified GC/CM for their services. - (ANSWER)Project Payment Schemes



Owners of each construction project need to select a procurement method & payment scheme for their
projects to ensure successful completion. Which of the following statements is related to Project

, BCN 3027 Mid Term Review (Principles of Construction Management) Questions With Complete
Solutions



Procurement Methods? & Which are related to Project Payment Schemes? Includes: Bidding, No-Bid
contracts, & Negotiated Bids - (ANSWER)Project Procurement Method



Owners of each construction project need to select a procurement method & payment scheme for their
projects to ensure successful completion. Which of the following statements is related to Project
Procurement Methods? & Which are related to Project Payment Schemes? Includes Lump Sum, Unit
price, and cost plus - (ANSWER)Project Payment Scheme



True or False: Project procurement are methods by which an owner can acquire services of interested
and qualified construction managers & general contractors. - (ANSWER)True



True or False: The following statements are true for Competitive Bidding: The successful bidder signs a
contract with the Owner & becomes the GC or CM. - (ANSWER)True



True or False: The following statements are true for Competitive Bidding: Could be open to all interested
contractors or limited to a select group of bidders. - (ANSWER)True



True or False: The following statements are true for Competitive Bidding: The owner evaluated all bid
proposals based on a preset criteria, mostly price, to select the successful bidder. - (ANSWER)True



True or False: The following statements are true for Competitive Bidding: Typically is based on a set of
bid documents prepared by the architect. - (ANSWER)True



True or False: Private Owner negotiations are based only on formal bids (price) submitted by interested
contractors. - (ANSWER)True



What is the following are reasons for public owners to award no-bid contracts to contractors? -
(ANSWER)If it is an emergency, to work with qualified contractors the owner prefers to work with, and if
the project is of sensitive nature.



How are the monthly progress payments calculated under lump sum contracts? - (ANSWER)Using
schedule of values and percent completed of work.

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Course
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