Cmit exam stuvia 2023 - Study guides, Class notes & Summaries

What refers to the power to scale computing resources up or down easily? - ANSWERElasticity What are the benefits of using EC2 instances compared to physical servers in your infrastructure? Select 2 Pay only for the capacity you use The ability to have different storage requirements Automatic automated backups The ability to hot add additional RAM Resizable - ANSWER1 and 2 Which components of the AWS infrastructure can be described as multiple, isolated locations within one geographic...

A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False - ANSWERTrue There are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibility, budget and the schedule. B) Both require that the liabilities and risks assumed by the parties be c...

True - ANSWERA CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False C) Both forms allow the CM to function in an advisory role for the entire engagement of the CM. - ANSWERThere are two basic forms of CM, agency and at-risk. Each form provides for the basic services of construction management practice. However, there are some key differences. Which of the following do not apply to both CM forms? A) Both forms provide advice to the owner on constructibili...

The contract documents for a project should be written primarily to protect the interest of the CM. - ANSWERFalse The owner, CM and Designer are less likely to be involved in disputes with the Contractor if a contract is awarded to the lowest bidder. - ANSWERFalse Use of standard forms of agreement will always result in fewer disputes? - ANSWERFalse After the owner accepts a cm's proposed GMP as contemplated by the CMAA CM at Risk Series documents, the responsibilities and duties of th...