Exam (elaborations)
CM 1011 Mid-Term Exam Questions and Answers
- Course
- Institution
CM 1011 Mid-Term Exam Questions and Answers
[Show more]
Content preview
CM 1011 Mid-TermT/F? Construction workers interested in furthering their career must be proficient in writing. - Answer -
True
T/F? Low demand=lower prices/costs - Answer -False
T/F? A green building seeks to minimize the positive impact. - Answer -False
T/F? The owner's team may include the Construction Manager. - Answer -True
T/F? Private projects include layers of oversight. - Answer -False
T/F? The project manager is responsible for coordinating day to day activities. - Answer -False
T/F? As a Construction Manager, you don't have to be proactive. - Answer -False
T/F? Submitting a bid or proposals can be time consuming and expensive. - Answer -True
T/F? The location of the project is unimportant to the amount bid. - Answer -False
, T/F? Bid bonds ensure the winning bidder guarantees they will sign the contract. - Answer -True
T/F? A business letter should be on company letter head. - Answer -True
T/F? Identification of the signer of a business letter should list their title. - Answer -True
T/F? You should make note of the guest speaker's name and what they represent. - Answer -True
T/F? A construction project may contain more than two contracts. - Answer -True
T/F? A competitive bid uses cost plus contracts. - Answer -False
T/F? Breaches in the contract allow the non-breaching party to terminate the contract. - Answer -False
T/F? Each time you add a modification to the original plan, the cost of the project changes. - Answer -
True
T/F? An addendum is a change to contract documents. - Answer -False
T/F? Time for completion is measured in work days. - Answer -False
T/F? Prior to work, a contractor can request financial information. - Answer -True
T/F? General conditions of a contract are known as indemnification. - Answer -True
T/F? An architect needs to be on site at all times. - Answer -False
T/F? You must provide litigation at disputes. - Answer -False
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 Zanaya. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75391 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now