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CMGT EXAM FINAL QUESTIONS COMPLETE WITH 100% CORRECT ANSWERS | VERIFIED EXAM QUESTIONS

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CMGT EXAM FINAL QUESTIONS COMPLETE WITH CORRECT ANSWERS .Project Management - ANSWERS-A discipline has come about to respond to client needs for the construction of more complex projects, to be built faster and more cost effectively. .Associated Schools of Construction (ASC) - ANSWERS-1965 nine universities met in Florida and formed this to promote construction management as a legitimate and unique area of study at universities. .Steel - ANSWERS-In the 1800's this was introduced to allow for high- rise buildings. .Objective of Project Management - ANSWERS-May be said to be the achievement of predetermined specifics within given targets of time, quality, cost and scope. But, the measured of success of the project is the maintenance of relationships and perceived satisfaction of all the stakeholders after significant trade offs being made during the life cycle to maintain scope, quality, time and budget. .Heavy Civil - ANSWERS-10% Roadways, Bridges, Tunnels, Dams, Airports, and Railways Mostly publicly funded. Horizontal Construction .Industrial - ANSWERS-Steel mills, Processing plans, Manufacturing plants, Pipe lines, Electrical generating facilities, Oil refineries, Chemical processing plants. Mostly publicly funded. Least affected by economic fluctuations. Quality and time most important. .Funding Sources - ANSWERS-36% Public 64% Private Public Building: 10% Public Non-building: 12% Private Building: 71% Private Non-building: 7% .Specialization - ANSWERS-Range of specialties helps insulate agains economic down turns. Framing, Mechanical, Demolition, Roofing, Electrical, Public works and Roads are major categories. .Joint Venture/ Pooling Expertise - ANSWERS-As projects grow in size and complexity and contracts become schedule- oriented in order to mitigate costs, on- time completion becomes essential, firms pool expertise and financial resources for project bidding. .Construction Management, Design- Build - ANSWERS-The technological sophistication of many projects and increased popularity of design-build contracts encourage the integration of construction managers, architects, engineers and construction companies. .Repeat Business - ANSWERS-Bypassing bidding altogether and going with established relationships over low cost. .Ethics - ANSWERS-American Institute of Contractors Code of Ethics. Bid Shopping. Being able to trust people we work with is a big part of putting our best effort into our work. Key success is creating a trusting environment in which people feel comfortable with each other. .Iron Triangle - ANSWERS-These Construction Variables are Linked: Schedule, Cost, and Quality Change in one will affect the others: Projects done faster require more financial resources and quality may be compromised. High technical performance... increased time and money to complete. .Architect - ANSWERS-Lead Designer. Creates Concept Drawings.

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CMGT
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CMGT EXAM FINAL QUESTIONS COMPLETE WITH
CORRECT ANSWERS



\.Project Management - ANSWERS✔-A discipline has come about to respond to
client needs for the construction of more complex projects, to be built faster and
more cost effectively.



\.Associated Schools of Construction (ASC) - ANSWERS✔-1965 nine universities
met in Florida and formed this to promote construction management as a
legitimate and unique area of study at universities.



\.Steel - ANSWERS✔-In the 1800's this was introduced to allow for high- rise
buildings.



\.Objective of Project Management - ANSWERS✔-May be said to be the
achievement of predetermined specifics within given targets of time, quality, cost
and scope. But, the measured of success of the project is the maintenance of
relationships and perceived satisfaction of all the stakeholders after significant
trade offs being made during the life cycle to maintain scope, quality, time and
budget.



\.Heavy Civil - ANSWERS✔-10%

Roadways, Bridges, Tunnels, Dams, Airports, and Railways
Mostly publicly funded.

,Horizontal Construction



\.Industrial - ANSWERS✔-Steel mills, Processing plans, Manufacturing plants, Pipe
lines, Electrical generating facilities, Oil refineries, Chemical processing plants.
Mostly publicly funded.
Least affected by economic fluctuations.
Quality and time most important.



\.Funding Sources - ANSWERS✔-36% Public

64% Private


Public Building: 10%
Public Non-building: 12%
Private Building: 71%
Private Non-building: 7%



\.Specialization - ANSWERS✔-Range of specialties helps insulate agains economic
down turns. Framing, Mechanical, Demolition, Roofing, Electrical, Public works
and Roads are major categories.



\.Joint Venture/ Pooling Expertise - ANSWERS✔-As projects grow in size and
complexity and contracts become schedule- oriented in order to mitigate costs,
on- time completion becomes essential, firms pool expertise and financial
resources for project bidding.

, \.Construction Management, Design- Build - ANSWERS✔-The technological
sophistication of many projects and increased popularity of design-build contracts
encourage the integration of construction managers, architects, engineers and
construction companies.



\.Repeat Business - ANSWERS✔-Bypassing bidding altogether and going with
established relationships over low cost.



\.Ethics - ANSWERS✔-American Institute of Contractors Code of Ethics.

Bid Shopping.
Being able to trust people we work with is a big part of putting our best effort into
our work.
Key success is creating a trusting environment in which people feel comfortable
with each other.



\.Iron Triangle - ANSWERS✔-These Construction Variables are Linked:

Schedule, Cost, and Quality


Change in one will affect the others:
Projects done faster require more financial resources and quality may be
compromised.
High technical performance... increased time and money to complete.



\.Architect - ANSWERS✔-Lead Designer.

Creates Concept Drawings.

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Institution
CMGT
Course
CMGT

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