Complete Review with Detailed
Rationales | Grade A+
• A CM's Role and Responsibilities . Answer: Governed solely by the
Owner/CM Agreement.
• Basic Forms of CM . Answer: Agency and at-risk. Key differences
exist.
• Factors Contributing to CM's Initial Use . Answer: Need to reduce time
and cost, increasing project funding costs, changing role of contractors.
• First Federal Agency to Use CM . Answer: General Services
Administration.
• Common Problems in CM Use by Federal Agencies . Answer: Funding
restrictions, claims, change conditions.
• Formation of CMAA . Answer: Incorporated in 1982 to grow and
develop CM profession.
• CMAA Construction Management Standards . Answer: Guide to
professional CM services.
• Goals of CMAA . Answer: Setting standards, expanding
understanding, advocating for CM.
• Certification and Qualification as a CM . Answer: Certification in
another profession does not automatically qualify as a CM.
• Certification as a CM . Answer: Does not guarantee 'state of the art'
knowledge and capability.
,• Recruiting and training in business . Answer: False
• Construction management susceptible to overselling . Answer: True
• Failure to provide quality services . Answer: False
• Contracting for adequate fees . Answer: True
• Ethics of CM profession focus on client relationships . Answer: True
• Reasons for project delivery variations . Answer: D) All of the above
• Traditional delivery system phases executed in . Answer: B) A linear
sequence
• Advantage of traditional delivery approach . Answer: B) Facility
features are fully determined & specified.
• Design-build and at-risk CM allow fast-track or phased projects .
Answer: True
• Contractual definition of CM known when . Answer: D) All of the
above
• In a CM-at-Risk arrangement, once construction begins, the CM has no
implied duties of loyalty and care to the owner. . Answer: True
• The agency CM does not perform design or actual construction work. .
Answer: True
• Under the CM-at-Risk delivery method, the owner usually deals with a
hybrid of a construction manager and a general contractor. . Answer:
True
, • Under a CM-at-risk contract, all of the following statements are true: .
Answer: D) All of the above
• In considering the differences between agency CM and CM-at-Risk,
which statement is NOT true? . Answer: D) In an agency CM role, the
CM directly subcontracts all trade contracts.
• The agency CM does not maintain a direct contractual relationship
with the trade or prime contractors. . Answer: False
• Placing the CM in an agency role always transfers the risk to the
contractor. . Answer: True
• In an agency CM relationship, the CM has no vested financial interest
in the project. . Answer: True
• Under agency CM, agency is a relationship between owner and CM as
agent acting in the owner's interest. . Answer: True
• Actual usage of a particular contract form for the construction phase
depends on: . Answer: D) All of the above
• Two Basic Categories of Construction Phase Contracts . Answer: Cost
Reimbursement and Fixed Price
• Fixed Price Contract Bids . Answer: Can be based on partially
completed documents or complete set of drawings and specifications
• Primary Advantage of Fixed Price Contract . Answer: Bids should be
taken on contract documents that are fully complete
• General Contractor in Fixed Price Contract . Answer: Will always put
its interests ahead of the owner