Complete Questions and Verified Answers
What is the MAXIMUM penalty for a contractor who undertakes work
without the proper class of license? - ✔✔✔ ANSWER-$500 fine per day
for each day of violation plus penalties for a misdemeanor.
What is the PRIMARY purpose of licensing? - ✔✔✔ ANSWER-Protect the
health and welfare of the public.
The application for licensure MUST include - ✔✔✔ ANSWER-the
business address of the proposed designated employee.
All of the following must be licensed EXCEPT - ✔✔✔ ANSWER-a
material supplier who advises a contractor.
A contractor plans to use materials or methods other than those
standard in the industry. The contractor should - ✔✔✔ ANSWER-verify
that the representative has the authority to bind the corporation.
What may be covered by an allowance in a contract? - ✔✔✔ ANSWER-
Light fixture costs.
The prime contractor is one who - ✔✔✔ ANSWER-is responsible for the
overall construction of the project.
, An owner hires a construction manager for a project. Which of the
following is TRUE with regard to subcontractors? - ✔✔✔ ANSWER-The
subcontractors are prime contractors.
A contract refers to an insurance agreement that the contractor is
REQUIRED to have. This is considered - ✔✔✔ ANSWER-part of the
contract.
An agreement that calls for a contractor to be paid actual costs for
labor and materials plus a fixed fee for the contractor's overhead and
profit is called a - ✔✔✔ ANSWER-cost plus contract.
All of the following are advantages of good scheduling EXCEPT - ✔✔✔
ANSWER-reduced training costs.
An important factor in ensuring that a schedule is followed is to - ✔✔✔
ANSWER-make sure the superintendent agrees with it.
What can be used to collect information on labor, materials,
equipment, and overhead costs used during the performance of a job?
- ✔✔✔ ANSWER-A job cost system.
What can be determined by summing the project activities into an
overall schedule? - ✔✔✔ ANSWER-The total resource demand for a
project at any given time
The PRIMARY difference between a project manager and a project