Construction

Question 1

Section of contract that can differ

Answer 1

Supplementary conditions.

Question 2

What should be discussed at a pre bid meeting

Answer 2

New addenda that will take effect

Question 3

What is not a type of conceptual estimate?

Answer 3

Bud estimate

Question 4

What kind of cost are utilities

Answer 4

Indirect cost of doing business

Question 5

For a traditional project. What typical parties are involved in the construction

Answer 5

Contractor + subs

Question 6

What is not true of a turnkey

Answer 6

It is sold as a completed product to a selected buyer

Question 7

What is main principle of turnkey

Answer 7

Design is responsibility of contractor

Question 8

CM at risk type proposes what

Answer 8

GMP
Guaranteed Max price

Question 9

Multiple prime contracting is a variation of what type of contract

Answer 9

Design - Bid - Build

Question 10

Traits of CM at Risk

Answer 10

• often chosen before design is done
• CM give GMP after working with design team
• chosen for qualifications over price
• CM is in charge of coordinating subs

Question 11

Hourly repair cost

Answer 11

(Year in question/Σyears)*(lifetime repair cost/hours operated)

Question 12

EV
PV
AC

Answer 12

Earned Value
Planned Value
Actual Cost

Question 13

Schedule Performance Index (SPI)

Answer 13

EV/PV

When SPI>1 then it is ahead of schedule

Question 14

Cost Performance Index (CPI)

Answer 14

EV/AC

When CPI >1 then it’s within budget

Question 15

Silt fence barrier

Answer 15

Operates by intercepting and ponding sediment-laden runoff. Can be constructed of fence

Question 16

READ CAREFULLY

Answer 16

Dumbass

Question 17

Swell factor

Answer 17

1/load factor

Question 18

Load factor

Answer 18

1/(1+swell %)

Question 20

No overlapping phases in what project delivery method

Answer 20

DBB

Question 21

Force given A, v, ρ

Answer 21

ΣF = Q2v2ρ2 - Q1v1ρ1

For 90° angles do X and y then find hypotenuse

Question 23

Escalation

Answer 23

Allows owner to avoid paying for services not rendered

Question 24

Goal of turnkey project

Answer 24

Speed up process of project delivery. Does not include bidding

Question 25

Most common/understood project type

Answer 25

Design bid build

Question 26

Which project type will have only one contact for the owner?

Answer 26

Design build

Question 27

What is NOT true of DBB

Answer 27

Best suited for large projects that are not budget sensitive

Question 28

In which project deliver is the lowest bidder typically selected

Answer 28

DBB

Question 29

What’s the best option for a fast track project?

Answer 29

Design build

Question 30

What is NOT a reason to choose design build

Answer 30

ability to get Lowest cost