BOMI - THE DESIGN, OPERATION &
MAINTENANCE OF BUILDING SYSTEMS,
PART I REAL LATEST AND VERIFIED
QUESTIONS WITH CORRECT ELABORATE
SOLUTIONS| ALREADY GRADED A| ACE
YOUR GRADES.
When an owner divides a project into two or more parts and then enters into a
separate contract for each part. Often used for large, complex construction
projects that require phases and multiple bid packages. - Correct Answer-Multiple
Prime Contracts
Provides information during a bid that adds, deletes, or clarifies information in
contract documents - Correct Answer-Addenda
Usually between an owner and contractor, design professional, or construction
manager. Contractor is reimbursed for their direct and indirect costs and is paid a
fee for their service. - Correct Answer-Cost-plus Contract
The construction manager guarantees, in addition to providing administrative
construction management services, a ceiling price to the owner for the cost of
construction. - Correct Answer-Guaranteed Maximum Price-Construction
Management (GMP-CM)
, Between the owner and contractor wherein the owner agrees to pay the
contractor a specified sum of money for completing a project consisting of a
variety of specified items of work. Results in low construction costs with minimal
change orders. - Correct Answer-Lump Sum Contract
Set contract amount for all labour, materials, equipment, and services and
contractors overhead and profit for all work being performed for a specific
project. Includes fixed prices for services, materials, labour, and local costs
reimbursable. - Correct Answer-Unit Price Contract
What are the biggest causes of project failure? - Correct Answer-Poor estimating
and scheduling
What is the most common used project schedule? - Correct Answer-Critical Path
Method (CPM) Scheduling
Owner/agent orders a change in the project - Correct Answer-Actual change
Restoration of property to satisfactory conditions without changing the plan,
form, or style of a structure - Correct Answer-Rehabilitation
MAINTENANCE OF BUILDING SYSTEMS,
PART I REAL LATEST AND VERIFIED
QUESTIONS WITH CORRECT ELABORATE
SOLUTIONS| ALREADY GRADED A| ACE
YOUR GRADES.
When an owner divides a project into two or more parts and then enters into a
separate contract for each part. Often used for large, complex construction
projects that require phases and multiple bid packages. - Correct Answer-Multiple
Prime Contracts
Provides information during a bid that adds, deletes, or clarifies information in
contract documents - Correct Answer-Addenda
Usually between an owner and contractor, design professional, or construction
manager. Contractor is reimbursed for their direct and indirect costs and is paid a
fee for their service. - Correct Answer-Cost-plus Contract
The construction manager guarantees, in addition to providing administrative
construction management services, a ceiling price to the owner for the cost of
construction. - Correct Answer-Guaranteed Maximum Price-Construction
Management (GMP-CM)
, Between the owner and contractor wherein the owner agrees to pay the
contractor a specified sum of money for completing a project consisting of a
variety of specified items of work. Results in low construction costs with minimal
change orders. - Correct Answer-Lump Sum Contract
Set contract amount for all labour, materials, equipment, and services and
contractors overhead and profit for all work being performed for a specific
project. Includes fixed prices for services, materials, labour, and local costs
reimbursable. - Correct Answer-Unit Price Contract
What are the biggest causes of project failure? - Correct Answer-Poor estimating
and scheduling
What is the most common used project schedule? - Correct Answer-Critical Path
Method (CPM) Scheduling
Owner/agent orders a change in the project - Correct Answer-Actual change
Restoration of property to satisfactory conditions without changing the plan,
form, or style of a structure - Correct Answer-Rehabilitation
