CEM Test 1 Question and Answer 100% Correct | Graded A+

CEM Test 1 Question and Answer 100% Correct | Graded A+ The amount of information that a project manager must consider increased as the project moves toward completion - True One advantage of the design/build approach is that usually a firm project cost is established before construction begins - False Value Engineering is a process in which time and money is saved with minimal impact on project quality - True A bid bond guarantees that if an owner accepts a contractor;s bid, the contractor will enter into a contract in accordance with the contract terms - True In the construction industry of the future, there will likely be a decreased requirement for permits and regulations - False The greater the risk inherent with a project, the lower the contingency that needed to be included in the project estimate - False In the construction management approach, the construction manager usually guarantees the overall price and quality of the work - False