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1. Which of the following contract types limits the potential incentive to increase profit through increasing contract costs?
A) Time and materials
B) Cost plus fixed fee
C) Unit price
D) Cost plus a percentage of cost
2. During the design phase, the CM should perform which of the following tasks?
A) Review staffing assignments, labor affidavits, and historical trust.
B) Review cost estimate, schematic design, and scheduling conferences with regulatory agencies.
C) Review plans, final Right-of-Way (ROW) documents, and as-built submittals.
D) Review contract milestones, payment procedures, and communication procedures.
3. A project in schematic design with sustainability goals will soon begin a value engineering study. Which of the following would ensure that the value engineering study will not harm the project's sustainability?
A) Establish clear sustainability functional requirements.
B) Add a LEED Silver requirement.
C) Add a LEED Platinum requirement.
D) Hold a partnering workshop first.
4. Which of the following provides details about the front-end activities of the project during the pre-design and design phases, and highlights major project milestones such as substantial and final completion?
A) As-Built Schedule
B) Baseline Schedule
C) Milestone Schedule
D) Master Schedule
5. During the design phase of a project, the owner had requested the design team develop mitigating strategies due to expected budget concerns. During the procurement process, the agency CM should advise the owner consider
A) incorporating Time and Material Alternates into the bid documents.
B) incorporating Add/Deduct Alternates into the bid documents.
C) evaluating Phase Alternates in the bid documents.
D) evaluating Schedule Alternates in the bid documents.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |
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