Exam (elaborations)
CMIT Exam (200 multiple choice) Exam Guide With Solution
- Course
- Institution
CMIT Exam (200 multiple choice) Exam Guide With Solution...
[Show more]
2 reviews
By: ikeredus • 6 months ago
By: hooper07 • 1 year ago
Content preview
CMIT Exam (200 multiple choice) Exam Guide With SolutionA 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 clearly understood,
coordinated, and stated in the respective contracts.
C) Both forms allow the CM to function in an advisory role for the entire engagement of the CM.
D) Services can vary based on the contractual relationships of the parties and the risks that are
assumed. - ANSWERC) Both forms allow the CM to function in an advisory role for the entire
engagement of the CM.
Construction management had its beginnings in the early to mid-1960's. Which of the following
factors contributed to the initial use of this delivery system?
A) The need to reduce the overall time and cost associated with project delivery.
B) The increasing cost of money and the unpredictability of project funding streams.
C) The changing role of the general contractor and the increasing numbers of specialty trade
contractors.
D) All of the above. - ANSWERD) All of the above.
The General Services Administration was the first federal agency to use construction management. -
ANSWERTrue
The General Services Administration, the Department of Health, Education and Welfare (now HHS),
and the Veterans Administration ran into similar difficulties in the use of construction management.
Which of the following was/were common problems for all three agencies?
A) Funding restrictions
B) Claims
C) Change conditions
D) All of the above - ANSWERD) All of the above
CMAA was formed and incorporated 1982 with its primary focus being the growth and development
,of the construction management profession. - ANSWERTrue
The CMAA Construction Management Standards of Practice is intended as a guide to the range of
services that constitute professional construction management. They seek to meet the documented
need for definitions of what construction management services are, without unduly structuring the
methodologies by which those services are provided by the CM. - ANSWERTrue
The goals of the Construction Management Association of America (CMAA) include:
A) Setting standards and developing contract documents for construction management practice.
B) Expanding the understanding of the construction management concept and its use in the
marketplace.
C) Advocacy for construction management in the legislative, regulatory, and judicial arenas of
federal, state, and local governments.
D) All of the above. - ANSWERD) All of the above
The fact that an individual is certified or licensed in any other profession does not, per se, establish
him/her as a qualified CM.
True False - ANSWERTrue
Certification as a CM means the construction management practitioner has "state of the art"
knowledge and capability to practice construction management.
True False - ANSWERFalse
Recruiting and training are business matters and normally do not involve ethical concerns.
True False - ANSWERFalse
Construction management is a concept that is susceptible to overselling.
True False - ANSWERTrue
Failure to provide quality services is a business and not an ethical question.
True False - ANSWERFalse
Contracting for adequate fees is both a business and an ethical issue.
True False - ANSWERTrue
The ethics of the CM profession focus primarily on a CM's relationships in dealing with its clients.
True False - ANSWERTrue
The possible approaches for delivering a project are virtually unlimited. A key reason for such
variations is:
, A) The different roles that can be assumed by project participants.
B) Different forms of contracts and methods of compensation that can be used.
C) The different levels of care, responsibility, and risks assumed by the parties involved.
D) All of the above. - ANSWERD) All of the above
The traditional delivery system is characterized by executing the major phases of a project in:
A) An overlapping concept
B) A linear sequence
C) A fast track method
D) All of the above - ANSWERB) A linear sequence
A key advantage of the traditional delivery approach is:
A) With the traditional delivery system, the cost of the construction phase is known before
construction starts.
B) Facility features are fully determined & specified.
C) When the construction contract is signed, the major risk belongs to the contractor.
D) All of the above - ANSWERB) Facility features are fully determined & specified.
Design-build and at-risk construction management delivery systems allow the option to fast-track
or phase a project.
True False - ANSWERTrue
Most definitions of construction management are similar. However, a contractual definition is not
known until:
A) The legal form of the CM contract is chosen.
B) The specific scope of services to be provided is identified.
C) The relationship of the CM to others and the risks and authority assumed by the parties are
clearly defined.
D) All of the above - ANSWERD) All of the above
21.
In a CM-at-Risk arrangement once construction begins and the CM converts from the professional
advisory role of a CM to the contractual role of a general contractor, the CM has no implied duties of
loyalty and care to the owner.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Braxton. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73918 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now