Construction and The Built Environment > EXAM > CMIT TEST EXAM 200 MULTIPLE CHOICE STUDY QUESTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+ (All)
CMIT TEST EXAM 200 MULTIPLE CHOICE STUDY QUESTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+
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What elements of a project can benefit the owner by incorporating economies of scale in their program? A) Common design features B) Common building materials C) Improved construction means and met... hods D) All of the above - Answer>>> A) Common design features Under a GMP contract, with services provided by a CM-at-Risk, which of the following statements is NOT true? A) The GMP is usually established on less than 100% complete drawings and specifications. B) It is important that the phrase Guaranteed Maximum Price be clearly defined in the contract regarding what it includes and excludes. C) With a GMP type CM agreement, the CM is responsible for all costs associated with the project. D) Once a GMP for construction costs is established, the CM takes on the risk for completing the project. - Answer>>> C) With a GMP type CM agreement, the CM is responsible for all costs associated with the project. Which statement most adequately describes the scheduling results desired on a project? A) A bar chart that shows the start of major tasks. B) Mitigation of time and resource crises. C) The date of the earliest possible project completion. D) Specification of the CPM tools to be utilized. - Answer>>> D) Specification of the CPM tools to be utilized CMAA was formed and incorporated 1982 with its primary focus being the growth and development of the construction management profession. - Answer>>> True [Show More]
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