CM 1011 Final LSU Schneider Ques ons and answers |
Updated RATED A+ 2026
The pre-construc on mee ng should include discussion about schedule issues.
True
A change order adjustment amount does not include general overhead and profit.
False
A claim can only be made a er the project is complete.
False
The two key process tools used to track all inquiries, decisions, and approvals that occur during
construc on are the requests for informa on (RFI'S) and submi)als.
True
Managing the many changes on a project is one of the contract administra on func ons.
True
Contract administra on is all about managing the business details and rela onships.
True
Liquidated damages is an agreed upon amount per day for the project finishing late.
True
Steel beams are an example of a construc on product that requires a shop drawing.
True
Major subcontractors and vendors do not need to a)end a pre-construc on mee ng.
False
Retainage is an amount retained by the owner from progress payments as a penalty for
mistakes made by the contractor.
False
Once a progress payment is received by the prime contractor it is obligated to promptly pay its
subcontractors and vendors.
,True
A me extension is a contract adjustment used when a monetary adjustment is not owed.
False
A project is considered totally complete even if paperwork has not been delivered to the owner.
False
Entry-level CM's are seldom, if ever, used to keep up with RFI's.
False
The first task in contract administra on is to create a contact list for every single person
associated with the project.
True
A project may go forward without paperwork.
False
Arbitra on can be more expensive than li ga on.
True
Partnering is a concept involving only the owner and prime contractor.
False
The schedule of values represents the owner's budget.
True
One of the reasons for a pre-construc on mee ng is to clarify the lines of authority and
communica on.
True
One of the least important contract administra on func ons is the contractor ge1ng paid on
me.
False
Each me number in a network diagram represents a calendar day, not a work day.
False
Sequencing of ac vi es is not the same as network logic.
, False
Assigning dura ons to each ac vity precedes sequencing.
False
Some produc on ac vi es do not actually require any physical effort.
True
Predic ng dura ons is an exact science.
False
A short-interval schedule is not the same as a look-ahead schedule.
False
The three types of ac vi es that must be planned and included in a schedule are: pre-
construc on, construc on opera ons, and post-construc on.
False
The primary tool associated with project planning is the es mate.
False
Summary schedules group ac vi es under broader headings such as mobiliza on, site work,
founda on, and rough framing.
True
A network diagram is nothing more than a work plan.
True
Each me number in a network diagram represents a calendar day, not a work day
False
The three stages of a precedence diagram schedule are planning, sequencing, and scheduling.
True
The biggest disadvantage to Gan) charts is that they show the interrela onship among the
ac vi es.
False
Administra ve ac vi es include permi1ng, submi)als, inspec ons, and tes ng.
Updated RATED A+ 2026
The pre-construc on mee ng should include discussion about schedule issues.
True
A change order adjustment amount does not include general overhead and profit.
False
A claim can only be made a er the project is complete.
False
The two key process tools used to track all inquiries, decisions, and approvals that occur during
construc on are the requests for informa on (RFI'S) and submi)als.
True
Managing the many changes on a project is one of the contract administra on func ons.
True
Contract administra on is all about managing the business details and rela onships.
True
Liquidated damages is an agreed upon amount per day for the project finishing late.
True
Steel beams are an example of a construc on product that requires a shop drawing.
True
Major subcontractors and vendors do not need to a)end a pre-construc on mee ng.
False
Retainage is an amount retained by the owner from progress payments as a penalty for
mistakes made by the contractor.
False
Once a progress payment is received by the prime contractor it is obligated to promptly pay its
subcontractors and vendors.
,True
A me extension is a contract adjustment used when a monetary adjustment is not owed.
False
A project is considered totally complete even if paperwork has not been delivered to the owner.
False
Entry-level CM's are seldom, if ever, used to keep up with RFI's.
False
The first task in contract administra on is to create a contact list for every single person
associated with the project.
True
A project may go forward without paperwork.
False
Arbitra on can be more expensive than li ga on.
True
Partnering is a concept involving only the owner and prime contractor.
False
The schedule of values represents the owner's budget.
True
One of the reasons for a pre-construc on mee ng is to clarify the lines of authority and
communica on.
True
One of the least important contract administra on func ons is the contractor ge1ng paid on
me.
False
Each me number in a network diagram represents a calendar day, not a work day.
False
Sequencing of ac vi es is not the same as network logic.
, False
Assigning dura ons to each ac vity precedes sequencing.
False
Some produc on ac vi es do not actually require any physical effort.
True
Predic ng dura ons is an exact science.
False
A short-interval schedule is not the same as a look-ahead schedule.
False
The three types of ac vi es that must be planned and included in a schedule are: pre-
construc on, construc on opera ons, and post-construc on.
False
The primary tool associated with project planning is the es mate.
False
Summary schedules group ac vi es under broader headings such as mobiliza on, site work,
founda on, and rough framing.
True
A network diagram is nothing more than a work plan.
True
Each me number in a network diagram represents a calendar day, not a work day
False
The three stages of a precedence diagram schedule are planning, sequencing, and scheduling.
True
The biggest disadvantage to Gan) charts is that they show the interrela onship among the
ac vi es.
False
Administra ve ac vi es include permi1ng, submi)als, inspec ons, and tes ng.
