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Exam (elaborations)

CMPM QUESTIONS GRADED A+

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  • Course
  • FCCM
  • Institution
  • FCCM

Exam of 7 pages for the course FCCM at FCCM (CMPM)

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  • September 14, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FCCM
  • FCCM
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julianah420
CMPM

Web-based contracting - answer provides an environment supporting scheduling,
controlling, regulating, analyzing, and auditing the procurement and delivery of materials
and services for construction in an electronic format.

construction managers supervise contracts with: - answer Subcontractors
Specialty firms
Labor unions
Equipment vendors
Materials vendors

Major Construction Contract Types - answer Competitively Bid Contracts
Stipulated Sum Contracts
Unit Price Contracts
Negotiated Contracts
Design-Build Contracts
Design-Build in a Consortium Format
Construction Management Contracts

Competitively Bid Contracts - answerthe owner invites a quote for the work to be
performed based on complete plans and specifications. The award of contract is
generally made to the lowest responsible bidder.

The factors that affect whether a contractor can be considered
responsible - answer1. Technical competence and experience.
2. Current financial position based on the firm's balance sheet and income statement.
3. Bonding capacity.
4. Current amount of work under way.
5. Past history of claims litigation.
6. Defaults on previous contracts.

Stipulated Sum Contracts - answerAlso known as lump-sum contract. In this format, the
owner goes to a set of firms with a complete set of plans and specifications and as for
asks for single quoted price for the
entire job.

Unit-Price Contracts - answerIn contrast to the lump-sum, or fixed-price, type of
contract, In this type of contract, the project is broken down into work items that can be
characterized by units such as cubic yards, linear and square feet, and piece numbers

, Negotiated Contracts - answerAn owner can enter into contract with a constructor by
negotiating the price and method of reimbursement. It is possible, for example, to enter
into a fixed-price or unit-price
contract after a period of negotiation.

Design Build Contracts - answerIn this contract, Firms offer both design and
construction services to provide the client with a single source for project delivery.

Design-Build in a Consortium Format - answerlead contractors typically form a team or
consortium of designers and specialty contractors who work together to meet the needs
of the client.

Construction Management Contracts - answerIn this contract, one firm is retained to
coordinate all activities from concept design through acceptance of the facility.

construction management contract - answer(picture)

ACI - answerAmerican Concrete Institute

AWS - answerAmerican Welding Society

AASHTO - answerAmerican Association of State Highway and Transportation
Officials

ASTM - answerAmerican Society for Testing and Materials

Organization - answeris a group of individuals who are cooperating willingly and
effectively for a common goal.

Structural organization - answeris the formal arrangements that are established
to coordinate all the activities in order to implement a given strategy.

The Structural Elements of an Organization
are: - answer1. Men- These are the different members of the organization starting from
the very top of the last workman in the enterprise.
2. Materials - Represents the materials necessary in the distribution of functions or in
the attainment of its objectives.
3. Machine - Machine. The tools necessary in producing its desired output.
4. Methods - The procedures and ways used in the course of its actions.
5. Money - The financial resources of the organization.

The Major Elements of Organizational Structures are: - answerDistribution of functions.
Vertical and horizontal authority relationships
Communication and decision processes.
Policies.

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