LATEST CMIT ACTUAL EXAM 200 QUESTIONS AND WELL ELABORATED ANSWERS ALREADY A GRADED WITH EXPERT FEEDBACK LATEST VERSION | NEW AND REVISED
A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - ANSWER True There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibility, budget and the schedule. B) Both require that the liabilities and risks assumed by the parties be clearly understood, coordinated, and stated in the respective contracts. C) Both forms allow the CM to function in an advisory role for the entire engagement of the CM. D) Services can vary based on the contractual relationships of the parties and the risks that are assumed. - ANSWER C) Both forms allow the CM to function in an advisory role for the entire engagement of the CM. Construction management had its beginnings in the early to mid-1960's. Which of the following factors contributed to the initial use of this delivery system? A) The need to reduce the overall time and cost associated with project delivery. B) The increasing cost of money and the unpredictability of project funding streams. C) The changing role of the general contractor and the increasing numbers of specialty trade contractors. D) All of the above. - ANSWER D) All of the above. The General Services Administration was the first federal agency to use construction management. - ANSWER True The General Services Administration, the Department of Health, Education and Welfare (now HHS), and the Veterans Administration ran into similar difficulties in the use of construction management. Which of the following was/were common problems for all three agencies? A) Funding restrictions B) Claims C) Change conditions D) All of the above - ANSWER D) All of the above CMAA was formed and incorporated 1982 with its primary focus being the growth and development of the construction management profession. - ANSWER True The CMAA Construction Management Standards of Practice is intended as a guide to the range of services that constitute professional construction management. They seek to meet the documented need for definitions of what construction management services are, without unduly structuring the methodologies by which those services are provided by the CM. - ANSWER True The goals of the Construction Management Association of America (CMAA) include: A) Setting standards and developing contract documents for construction management practice. B) Expanding the understanding of the construction management concept and its use in the marketplace. C) Advocacy for construction management in the legislative, regulatory, and judicial arenas of federal, state, and local governments. D) All of the above. - ANSWER D) All of the above The fact that an individual is certified or licensed in any other profession does not, per se, establish him/her as a qualified CM. True False - ANSWER True Certification as a CM means the construction management practitioner has "state of the art" knowledge and capability to practice construction management. True False - ANSWER False Recruiting and training are business matters and normally do not involve ethical concerns. True False - ANSWER False Construction management is a concept that is susceptible to overselling. True False - ANSWER True Failure to provide quality services is a business and not an ethical question. True False - ANSWER False Contracting for adequate fees is both a business and an ethical issue. True False - ANSWER True The ethics of the CM profession focus primarily on a CM's relationships in dealing with its clients. True False - ANSWER True The possible approaches for delivering a project are virtually unlimited. A key reason for such variations is: A) The different roles that can be assumed by project participants. B) Different forms of contracts and methods of compensation that can be used. C) The different levels of care, responsibility, and risks assumed by the parties involved. D) All of the above. - ANSWER D) All of the above The traditional delivery system is characterized by executing the major phases of a project in: A) An overlapping concept B) A linear sequence C) A fast track method D) All of the above - ANSWER B) A linear sequence A key advantage of the traditional delivery approach is: A) With the traditional delivery system, the cost of the construction phase is known before construction starts. B) Facility features are fully determined & specified. C) When the construction contract is signed, the major risk belongs to the contractor. D) All of the above - ANSWER B) Facility features are fully determined & specified. Design-build and at-risk construction management delivery systems allow the option to fast-track or phase a project. True False - ANSWER True Most definitions of construction management are similar. However, a contractual definition is not known until: A) The legal form of the CM contract is chosen. B) The specific scope of services to be provided is identified. C) The relationship of the CM to others and the risks and authority assumed by the parties are clearly defined. D) All of the above - ANSWER D) All of the above 21. In a CM-at-Risk arrangement once construction begins and the CM converts from the professional advisory role of a CM to the contractual role of a general contractor, the CM has no implied duties of loyalty and care to the owner. True False - ANSWER True The agency CM does not perform design or actual construction work. True False - ANSWER True Under the CM-at-Risk delivery method, the owner usually must deal with the hybrid of a construction manager and a general contractor. True False - ANSWER True Under a CM-at-risk contract, which of the following statements are true? A) The CM, in most cases, holds the trade and/or specialty contracts. B) The CM has the right to enforce the schedule, pay the trade or subcontractors, and terminate them if such action becomes necessary. C) On some CM-at-Risk contracts, the CM has the option of performing portions of the work with its own resources (unless prohibited by law on certain public projects). D) All of the above - ANSWER D) All of the above In considering the differences between agency CM and CM-at-Risk, which one of the following statements is NOT true? A) With the CM-at-Risk, the CM is responsible for means, methods, and sequencing of work. B) In an agency CM role, the CM does none of the physical work. C) The CM, in most cases, is clearly responsible for schedule and coordination. D) In an agency CM role, the CM directly subcontracts all trade contracts. - ANSWER D) In an agency CM role, the CM directly subcontracts all trade contracts. The agency CM maintains a direct contractual relationship with the trade or prime contractors. True False - ANSWER False Placing the CM in an agency role always transfers the risk to the contractor. True False - ANSWER True In an agency CM relationship, the CM has no vested financial interest in the project. True False - ANSWER True Under agency CM, agency is a relationship between owner and CM as agent acting in the owner's interest. True False - ANSWER True Actual usage of a particular contract form for the construction phase depends on: A) The particular delivery system being used. B) The type of project being implemented and the completion status of the plans and specifications at the time of contracting. C) The consideration of any performance requirements, the level of sophistication of the owner, and the role of the architect/engineers involved. D) All of the above - ANSWER D) All of the above There are two basic categories of construction phase contracts, cost reimbursement and fixed price. True False - ANSWER True Under a fixed price or lump sum contract, the contractors can be asked to bid on work based on partially completed documents (scope bid), or a complete set of drawings and specifications. True False - ANSWER True The primary advantage of the fixed price or lump sum contract is that bids should be taken on contract documents that are only 50% complete.
Geschreven voor
- Instelling
- CMIT
- Vak
- CMIT
Documentinformatie
- Geüpload op
- 13 maart 2024
- Aantal pagina's
- 45
- Geschreven in
- 2023/2024
- Type
- Tentamen (uitwerkingen)
- Bevat
- Vragen en antwoorden
Onderwerpen
-
cmit
-
comprehensive solutions
-
cmit actual exam 200 questions and well elaborated