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CIM 3060 Exam 1 Study Guide questions and answers already passed 2024
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CIM 3060 Exam 1 Study Guide questions and answers already passed 2024
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CIM 3060 Exam 1 Study Guide: CH. 1-4the concept of assembling materials and products - correct answer
✔Construction
What does construction affect as well as what it is affected by? - correct
answer ✔Developments in technology
computers
government policies
labor relations
economic and political practices
What is an indicator of a country's standard of living and measures the market
value of all goods and services? - correct answer ✔Gross Domestic Product
(GDP)
What does AIC stand for? - correct answer ✔American Institutes of
Constructors
What does CMAA stand for? - correct answer ✔Construction Management
Association of America
The risk factor is much higher in construction than it is in other industries
because outside factors such as government funding, demographics, and
,market trends largely determine the demand. True or false? - correct answer
✔True
What are the 4 Construction Industry Sectors? - correct answer ✔1)
Residential
2) Commercial
3) Heavy highway and traffic infrastructure
4) Industrial
What is the residential sector comprised of? - correct answer ✔Individual
homes, small condominiums, and apartment complex. (Such projects tend to
be privately funded by individual owners , and are typically designed by
architects (however, there are some instances that the owner or builder will
design)
Most of the "mom and pop" operations are found in this sector
1/2 of Construction Spending is put into the Residential Sector
What is the Commercial Building Sector comprised of? - correct answer
✔Office buildings, large apartment complexes, shopping malls, theaters,
schools, universities, and hospitals.
Commercial Sector tends to be privately funded (although some public
funding is usually available for schools and hospitals)
Typically designed by an architect with support from an engineer and are built
by the general contractors as bid projects.
, Accounts for more than 1/4 of the construction market.
This sector is highly dependent on economic health
What is the Infrastructure and Heavy Highway Sector comprised of? - correct
answer ✔This sector enable the distribution of goods and people.
Includes: Roadways, bridges, canals, dams, and tunnels. These projects are
designed principally by civil engineers and built by heavy construction
contractors who have engineering backgrounds of support.
Most infrastructure projects are publicly funded because they serve the
public's needs.
Bridges are usually built to last 50 years, however the average life is now 43
years old.
What does EPA stand for? - correct answer ✔Environmental Protection
Agency (EPA)
What is the Industrial Sector Comprised of? - correct answer ✔Steel Mills,
petroleum refineries, chemical processing plants, and automobile production
facilities are all examples of industrial facilities.
The design and construction building itself depend on the needs of the
process and production equipment.
Most of these facilities are privately funded. However, in other countries,
money may come from public sources.
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