CEM 100 Exam 1 || Most Recent Exam 2026-2027 Actual
Complete Real Exam Questions And Correct Answers
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In estimating construction costs for a project, for equipment
the contractor already owns that is needed for the project, the
estimator will determine the rate, also known as the ____, for
the machine that is needed. The _____ is the sum of the
contractor's ownership and operating cost for the machine. -
ANSWER -internal rate
In competitive bidding for a project, when proposals have been
received and tabulated by the owner and architect-engineer on
bid day, sometimes the lowest proposal amount received
exceeds the owner's budget to the project. According to you
text this commonly expressed as the project proposals being
_____ - ANSWER -"out of money"
Concerning detailed cost estimates for a project, cost
estimates in the building construction field are typically
prepared on a _____ basis whereas engineering projects are
generally bid on a ______ basis. - ANSWER -lump-sum, unit-
price
,In bidding a project, during the bidding period, it is not
uncommon for the contractor to find errors, inconsistencies,
and missing information in the bidding documents. It is the
responsibility of the contractor to bring such imperfection to
the attention of the architect-engineer or owner, so that suitable
modifications might be made by the responsible party. The
contractor will typically submit a number of ____ for the
architect-engineer during this time. - ANSWER -request for
information (RFI's)
In ______ construction, the design and construction functions
for parts of the project are "leapfrogged" with one another. One
design of one portion of the project is complete, construction
then begins on that portion - ANSWER -fasttrack
Concerning the construction industry in the united states, the
annual expenditure for construction accounts for about _____%
of the dollar value of our gross domestic project - ANSWER -10
Construction by _____ is also known as doing work by day
labor wherein the owner acts as prime contractor. In this case,
the project is normally constructed for the owner's own use.
Under this method, owner-builders may choose to perform the
work with their own workers, providing the necessary field
supervision, materials, construction equipment and labor -
ANSWER -Force account
The contract form of construction management services
wherein the construction manager enters a contract with the
, owner whereby he has responsibility for completing the
construction project on time, at or near the stipulated price or
the guaranteed maximum price is know as the _____ contract
form, according to your text. - ANSWER -CMAR
_____ Contracting has long been the most prevalent form of
contract award for construction projects of all kinds. ______ on
public projects is normally required by law and is a formal
procedure of public agencies. - ANSWER -Competitive bid
In this system ____, one of the most important benefits is the
inherent communication and collaboration that are central to
this process between those who will produce the design for the
project and those who will perform the construction, from the
inception of the project to final completion. - ANSWER Design-
Build
According to your textbook, the specific construction category
that construction
of wastewater treatment plants would best be categorized
by is known as
_______ _________ - ANSWER -heavy
construction
According to your textbook, the construction category that
construction of schools and churches would best be
categorized by is known as ________ - ANSWER -institutional
construction
Complete Real Exam Questions And Correct Answers
(Verified Answers) Already Graded A+ | Guaranteed
Success | Newest Exam| Just Released!! Ace Your
Grades.
In estimating construction costs for a project, for equipment
the contractor already owns that is needed for the project, the
estimator will determine the rate, also known as the ____, for
the machine that is needed. The _____ is the sum of the
contractor's ownership and operating cost for the machine. -
ANSWER -internal rate
In competitive bidding for a project, when proposals have been
received and tabulated by the owner and architect-engineer on
bid day, sometimes the lowest proposal amount received
exceeds the owner's budget to the project. According to you
text this commonly expressed as the project proposals being
_____ - ANSWER -"out of money"
Concerning detailed cost estimates for a project, cost
estimates in the building construction field are typically
prepared on a _____ basis whereas engineering projects are
generally bid on a ______ basis. - ANSWER -lump-sum, unit-
price
,In bidding a project, during the bidding period, it is not
uncommon for the contractor to find errors, inconsistencies,
and missing information in the bidding documents. It is the
responsibility of the contractor to bring such imperfection to
the attention of the architect-engineer or owner, so that suitable
modifications might be made by the responsible party. The
contractor will typically submit a number of ____ for the
architect-engineer during this time. - ANSWER -request for
information (RFI's)
In ______ construction, the design and construction functions
for parts of the project are "leapfrogged" with one another. One
design of one portion of the project is complete, construction
then begins on that portion - ANSWER -fasttrack
Concerning the construction industry in the united states, the
annual expenditure for construction accounts for about _____%
of the dollar value of our gross domestic project - ANSWER -10
Construction by _____ is also known as doing work by day
labor wherein the owner acts as prime contractor. In this case,
the project is normally constructed for the owner's own use.
Under this method, owner-builders may choose to perform the
work with their own workers, providing the necessary field
supervision, materials, construction equipment and labor -
ANSWER -Force account
The contract form of construction management services
wherein the construction manager enters a contract with the
, owner whereby he has responsibility for completing the
construction project on time, at or near the stipulated price or
the guaranteed maximum price is know as the _____ contract
form, according to your text. - ANSWER -CMAR
_____ Contracting has long been the most prevalent form of
contract award for construction projects of all kinds. ______ on
public projects is normally required by law and is a formal
procedure of public agencies. - ANSWER -Competitive bid
In this system ____, one of the most important benefits is the
inherent communication and collaboration that are central to
this process between those who will produce the design for the
project and those who will perform the construction, from the
inception of the project to final completion. - ANSWER Design-
Build
According to your textbook, the specific construction category
that construction
of wastewater treatment plants would best be categorized
by is known as
_______ _________ - ANSWER -heavy
construction
According to your textbook, the construction category that
construction of schools and churches would best be
categorized by is known as ________ - ANSWER -institutional
construction
