CMIT 320 Final Exam
Name: Score:
20 Multiple choice questions
Definition 1 of 20
True
What is the management technique for subdividing the project into its component elements called? A) WBS
B) BIM
C) ISO
D) CPM
A project delivery approach that is gaining acceptance for allocating risks among project teams is referred
to as the ________ method.
A) D-B
B) IPD
C) FAR
D) D-B-B
In the absence of both a limit on construction costs and a warranty for the accuracy of the cost
estimate, a project cost overrun will cause the CM to lose their fee. True False
As the numbers of prime contractors on a project increase, the need to carefully coordinate contract
documents increases.
True False
Term 2 of
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. C) Parametric estimate
, 20
True
B) Identify the sources of risk and assess their impact on the project
False
Definition 3 of 20
False
What is the term sometimes used to describe the standard language of the full set of contract documents?
A) Special provisions
B) MasterFormat
C) Boiler plate
D) Contract agreement
The CMAA A-4 document requires the designer to periodically visit the site to become generally
familiar with the progress and quality of the work. True False
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
The value of a cost found by discounting future cash flows to the base time is called:
A) Future cost
B) Earned value
C) Present value
D) Job cost
4
The basic contractual relationships between the CM and designer are essentially the same in the CMAA A-1
and AIA C132-2009 documents. True False
True
False
A) WBS
Name: Score:
20 Multiple choice questions
Definition 1 of 20
True
What is the management technique for subdividing the project into its component elements called? A) WBS
B) BIM
C) ISO
D) CPM
A project delivery approach that is gaining acceptance for allocating risks among project teams is referred
to as the ________ method.
A) D-B
B) IPD
C) FAR
D) D-B-B
In the absence of both a limit on construction costs and a warranty for the accuracy of the cost
estimate, a project cost overrun will cause the CM to lose their fee. True False
As the numbers of prime contractors on a project increase, the need to carefully coordinate contract
documents increases.
True False
Term 2 of
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. C) Parametric estimate
, 20
True
B) Identify the sources of risk and assess their impact on the project
False
Definition 3 of 20
False
What is the term sometimes used to describe the standard language of the full set of contract documents?
A) Special provisions
B) MasterFormat
C) Boiler plate
D) Contract agreement
The CMAA A-4 document requires the designer to periodically visit the site to become generally
familiar with the progress and quality of the work. True False
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
The value of a cost found by discounting future cash flows to the base time is called:
A) Future cost
B) Earned value
C) Present value
D) Job cost
4
The basic contractual relationships between the CM and designer are essentially the same in the CMAA A-1
and AIA C132-2009 documents. True False
True
False
A) WBS
