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CMGT 3500 TEST 2 ECU FALL 2025 EXAM QUESTIONS AND ANSWERS
  • Exam (elaborations)

    CMGT 3500 TEST 2 ECU FALL 2025 EXAM QUESTIONS AND ANSWERS

  • CMGT 3500 TEST 2 ECU FALL 2025 EXAM QUESTIONS AND ANSWERS Project award methods (types) - ANSWER--Competitive bidding: Open or selective (can be used by both public or private owners) -Negotiation: Mostly used in private projects, very seldom used in publicly owned -Direct assignment: Mostly used in private projects Advantages of Competitive Bidding - ANSWER--provides clear idea of total construction costs -fair to all contractors -allows for completion and innovation to reduce price ...
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