CMIT CERTIFICATION EXAM
2024 LATEST UPDATED
200 QUESTIONS WITH
DETAILED VERIFIED AND100%
CORRECT ANSWERS ACTUAL
BRAND-NEW EXAM ALREADY
GRADED A+
The Leadership in Energy and Environmental Design
green building rating system has rigorous
levels of attainment.
a. Two
b. Three
c. Four
d. Five - ....ANSWER...Answer: Four
. An amount of money stipulated in the contract that a
contractor must pay due to delays in completing the project
is called:
a. Retainage
b. Liquidated Damages
c. Incentive Fee
d. Retention - ....ANSWER...Answer: Liquidated damages.
1
,. The overlapping of the construction phase with the design
phase of a project is called:
a. Design-Build
b. Critical Path Method
c. Multiple Prime Contracting
d. Fast track - ....ANSWER...Answer: Fast Track
. What is the management technique for subdividing the
project into its component elements called?
a. WBS
b. BIM
c. ISO
d. CPM - ....ANSWER...Answer: WBS
. 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 - ....ANSWER...Answer: Present Value
2
,. Under what management concept is reporting of a direct
relationship established between percent complete of an
activity and the budget for that activity?
a. Pert schedule
b. Earned value
c. BIM 4D
d. Benefit cost ratio - ....ANSWER...Answer: Earned value
. What is the term sometimes used to describe the standard
language of the full set of contract documents?
a. Special provisions
b. Master Format
c. Boiler Plate
d. Contract Agreement - ....ANSWER...Answer: Boiler
Plate
. Which of the following is not considered a direct project
cost?
a. Field office trailer
b. Project Labour
c. Project equipment
d. Trade subcontracts - ....ANSWER...Answer: Field office
trailer
3
, 2|Page
. What is the form of estimating that is delivered from
statistical correlation of historic system costs with
performance and/or physical attributes of the system?
a. ROM estimate
b. Range estimate
c. Parametric estimate
d. Concept estimate - ....ANSWER...Answer: Parametric
Estimate
. After a contractor declares that he is substantially
complete on a project, the owner and/or CM should
prepare what document?
a. Bond release
b. Punchlist
c. Commissioning plan
d. Final payment - ....ANSWER...Answer: Punchlist
. The use of a BIM model on a project can lead to faster
construction as a result of which of the following factors?
a. Increased prefabrication
2
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