Exam (elaborations)
CM 1011 Final Test Questions And Answers
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CM 1011 Final Test Questions And Answers
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CM 1011 FinalThe pre-construction meeting should include discussion about schedule issues. - Answer -True
A change order adjustment amount does not include general overhead and profit. - Answer -False
A claim can only be made after the project is complete. - Answer -False
The two key process tools used to track all inquiries, decisions, and approvals that occur during
construction are the requests for information (RFI'S) and submittals. - Answer -True
Managing the many changes on a project is one of the contract administration functions. - Answer -True
Contract administration is all about managing the business details and relationships. - Answer -True
Liquidated damages is an agreed upon amount per day for the project finishing late. - Answer -True
Steel beams are an example of a construction product that requires a shop drawing. - Answer -True
,Major subcontractors and vendors do not need to attend a pre-construction meeting. - Answer -False
Retainage is an amount retained by the owner from progress payments as a penalty for mistakes made
by the contractor. - Answer -False
Once a progress payment is received by the prime contractor it is obligated to promptly pay its
subcontractors and vendors. - Answer -True
A time extension is a contract adjustment used when a monetary adjustment is not owed. - Answer -
False
A project is considered totally complete even if paperwork has not been delivered to the owner. -
Answer -False
Entry-level CM's are seldom, if ever, used to keep up with RFI's. - Answer -False
The first task in contract administration is to create a contact list for every single person associated with
the project. - Answer -True
A project may go forward without paperwork. - Answer -False
Arbitration can be more expensive than litigation. - Answer -True
Partnering is a concept involving only the owner and prime contractor. - Answer -False
The schedule of values represents the owner's budget. - Answer -True
One of the reasons for a pre-construction meeting is to clarify the lines of authority and communication.
- Answer -True
, One of the least important contract administration functions is the contractor getting paid on time. -
Answer -False
Each time number in a network diagram represents a calendar day, not a work day. - Answer -False
Sequencing of activities is not the same as network logic. - Answer -False
Assigning durations to each activity precedes sequencing. - Answer -False
Some production activities do not actually require any physical effort. - Answer -True
Predicting durations is an exact science. - Answer -False
A short-interval schedule is not the same as a look-ahead schedule. - Answer -False
The three types of activities that must be planned and included in a schedule are: pre-construction,
construction operations, and post-construction. - Answer -False
The primary tool associated with project planning is the estimate. - Answer -False
Summary schedules group activities under broader headings such as mobilization, site work, foundation,
and rough framing. - Answer -True
A network diagram is nothing more than a work plan. - Answer -True
Each time number in a network diagram represents a calendar day, not a work day - Answer -False
The three stages of a precedence diagram schedule are planning, sequencing, and scheduling. - Answer -
True
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