Estimating combines and - Study guides, Class notes & Summaries

APM - PFQ (PFQ) Practice Tests/ APM PFQ Exam Questions & Answers Test Bank_2023. Which of the following is not a stage in an issue resolution process? a. Share the issue with stakeholders. b. Track the issue to closure. c. Escalate to the sponsor. d. Apply change control. Which of the following are challenges for a project manager developing and leading a project team? 1) Issues and incompatibility amongst team members 2) Getting the right skills and attributes amongst team me...

A simple random sample can be taken with or without ________? (Hint this choice will impact how to estimate the variance of the population.) - Replacement In the description of the scientific method from the text which form of causation, sufficient or necessary, specifies that the cause "C" under consideration alone insures occurrence of the effect "E"? - Sufficient according to the authors of the text what are two keys to a successful model? - - Clearly define model objectives (predic...

Cooperative Contracting model that is characterized by collaboration and aligning values, goals and objectives amongst owner, architect and contractor. Shares Risk among all participants. - ️️Alliance Contract A breach of contract remedy used when the subject is very unique and the party must perform contract obligations under the contract. Example: Steel made specifically for one job site. - ️️Specific Performance Maintains control of budget and design process between major estima...

Miller Act 1935 - Federal Government passed bond requiring payment and performance bonds on all public works, what year? Brooks Bill 1972 - Bill directing A/E's selected on qualifications, what year? Clinger Cohen Act/Defense Procurement Reform Act 1996 - Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. Standard of Care - The level of quality that any average Design Professional would be able to perform given the ...

Which of the following is an example of a tertiary risk of climate change to human health? A) Mental health issues in communities struggling to produce enough for community survival B) Increased heat wave related illness C) Increase in zoontic diseases D) Decreased access to clean water - ️️A) Mental health issues in communities struggling to produce enough for community survival Which population is least likely to have access to an improved sanitation source? A) rural high-income c...

Contract Format - cost per piece - Unit Price Single point of responsibility for both design & construction is an attribute of what delivery method? - Design Build Bill directing A/E's selected on qualifications, what year? - Brooks Bill 1972 Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. - Clinger Cohen Act/Defense Procurement Reform Act 1996 The level of quality that any average Design Professional would be able ...

Maintains control of budget and design process between major estimate phases - Trend estimating Awarded to proposer with highest combined total points of technical and price proposals - Weighted criteria Bill directing A/E's selected on qualifications, what year? - Brooks Bill 1972 Contract for Design-Build Consultant Services - DBIA 501 Contract Format - Combines Cost-Plus & Lump-Sum, contractor reimbursed for actual cost plus a fee only up to a certain amount. - GMP (Guaranteed Maximum...

CAPM Exam 196 Questions with Verified Answers Cost Variance formula - CORRECT ANSWER Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - CORRECT ANSWER Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - CORRECT ANSWER Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - CORRECT ANSWER Processes performed to establish total scope of effort, define and refine objectives, and develop a cou...

PSI National Exam for Real Estate - Questions and Answers (Complete Solutions) An appurtenant easement that arises when an owner has no access to the street except across his neighbor's land is called: easement by necessity The state's authority to enact and enforce police powers is passed on the municipalities through: enabling acts An easement appurtenant involves at least two tracts of land The period for redemption of property sold for taxes in Louisiana is a minimum of 3 years Real prop...

User Story - ️️-A description of the functionality from the point of view of a person (or user) of the system, and what value it delivers. -Fosters communication and collaboration to create functionality that brings value to the customer. -A Sprintable user story can be estimated in days and can be implemented within a sprint. Roles in Scrum - ️️Product Owner Scrum Master The Team Product Owner Role - ️️-Delivers value for the product -Creates the product backlog of "use...