Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Exam (elaborations)

CMIT EXAM QUESTIONS AND 100% CORRECT ANSWERS A+ GRADED

Rating
-
Sold
-
Pages
25
Grade
A+
Uploaded on
05-06-2025
Written in
2024/2025

CMIT EXAM QUESTIONS AND 100% CORRECT ANSWERS A+ GRADED A CM's Role and Responsibilities - ANSWER Controlled solely by the Owner/CM Agreement. Common Problems in CM Use by Federal Agencies - ANSWER Funding constraints, claims, change criteria. CMAA Formation - ANSWER Founded in 1982 to promote and enhance CM profession. CMAA Construction Management Standards - ANSWER Guide through professional CM services. CMAA Goals - ANSWER Establishment of standards, increase awareness, promote CM. General Contractor in Fixed Price Contract - ANSWER Will always put its interests ahead of the owner Cost Plus Fixed Fee Arrangement - ANSWER Fixed fee may vary with actual cost expended as scope of work changes Guaranteed Maximum Price (GMP) Arrangement - ANSWER Actual cost of work could be greater than the GMP Owner's Approval on GMP Projects - ANSWER Owner may approve all trade and purchase contracts Contractor's Risk in GMP Projects - ANSWER Takes on the risk of completing the project once GMP is establishedGuaranteed Maximum Price Flexibility - ANSWER Can change under certain circumstances Certification and Qualification as a CM - ANSWER Not that every other profession's certification will automatically allow someone to qualify as a CM. Certification as a CM - ANSWER It does not ensure 'state of the art' knowledge and skill. Basic Forms of CM - ANSWER Agency and at-risk. There are some key differences. Factors Contributing to CM's Initial Use - ANSWER Desire/need to decrease time and cost, which were driving up project funding costs. Evolutionary change in role of contractors. First Federal Agency to Use CM - ANSWER General Services Administration. Recruiting and training in business Ans. False Construction management vulnerable to over selling Ans. true Lack of provision of quality services Ans. False Offering contracts on sufficient fees Ans. true Ethics of CM profession is Clien

Show more Read less
Institution
Course

Content preview

CMIT EXAM QUESTIONS AND 100% CORRECT
ANSWERS A+ GRADED


A CM's Role and Responsibilities - ANSWER Controlled solely by the Owner/CM
Agreement.

Common Problems in CM Use by Federal Agencies - ANSWER Funding constraints,
claims, change criteria.



CMAA Formation - ANSWER Founded in 1982 to promote and enhance CM profession.



CMAA Construction Management Standards - ANSWER Guide through professional CM
services.



CMAA Goals - ANSWER Establishment of standards, increase awareness, promote CM.

General Contractor in Fixed Price Contract - ANSWER Will always put its interests
ahead of the owner



Cost Plus Fixed Fee Arrangement - ANSWER Fixed fee may vary with actual cost
expended as scope of work changes



Guaranteed Maximum Price (GMP) Arrangement - ANSWER Actual cost of work could be
greater than the GMP



Owner's Approval on GMP Projects - ANSWER Owner may approve all trade and
purchase contracts



Contractor's Risk in GMP Projects - ANSWER Takes on the risk of completing the project
once GMP is established

,Guaranteed Maximum Price Flexibility - ANSWER Can change under certain
circumstances



Certification and Qualification as a CM - ANSWER Not that every other profession's
certification will automatically allow someone to qualify as a CM.



Certification as a CM - ANSWER It does not ensure 'state of the art' knowledge and skill.



Basic Forms of CM - ANSWER Agency and at-risk. There are some key differences.



Factors Contributing to CM's Initial Use - ANSWER Desire/need to decrease time and
cost, which were driving up project funding costs. Evolutionary change in role of
contractors.



First Federal Agency to Use CM - ANSWER General Services Administration.



Recruiting and training in business Ans. False



Construction management vulnerable to over selling Ans. true



Lack of provision of quality services Ans. False



Offering contracts on sufficient fees Ans. true



Ethics of CM profession is Client centered Ans. true



Delivery variations of the projects on account of Ans. D) All the above



Traditional delivery system phases carried out in Ans. 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



Agency CM does not perform design or actual construction work. - ANSWER True



In the CM-at-Risk delivery method, the owner is typically dealing 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



Agency CM vs. CM-at-Risk Which of the following is NOT true? ANSWER D) The CM, as
an agency CM, directly subcontracts all trade contracts.



In an agency relationship, the CM does NOT have a direct contract with the trade or
prime contractors. ANSWER False



Putting the CM in an agency role always shifts the risk to the contractor. ANSWER True



Agency CM- In an agency CM relationship, the CM does not have any vested financial
interest in the project. - ANSWER True

Written for

Course

Document information

Uploaded on
June 5, 2025
Number of pages
25
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

$12.99
Get access to the full document:

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF


Also available in package deal

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
NurseAdvocate chamberlain College of Nursing
Follow You need to be logged in order to follow users or courses
Sold
496
Member since
2 year
Number of followers
77
Documents
12046
Last sold
12 hours ago
NURSE ADVOCATE

I have solutions for following subjects: Nursing, Business, Accounting, statistics, chemistry, Biology and all other subjects. Nursing Being my main profession line, I have essential guides that are Almost A+ graded, I am a very friendly person: If you would not agreed with my solutions I am ready for refund

4.6

239 reviews

5
193
4
14
3
15
2
6
1
11

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions