CMIT EXAM BANK/ 200+ QUESTIONS AND CORRECT ANSWERS 2023/2024 /GRADED A+. CMIT Exam (200 multiple choice) 2023 1. A CM's role and responsibilities are governed solely by the Owner/CM Agreement. True False: True 2. There are two basic forms of CM, agency and at-risk. Each form provides for the basic ...
A CM's role and responsibilities are governed solely by the Owner/CM Agreement.
True False Ans- True
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. Ans- C) 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. Ans- D) All of the above.
The General Services Administration was the first federal agency to use construction
management. Ans- True
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 Ans- D) All of the above
CMAA was formed and incorporated 1982 with its primary focus being the growth and
development of the construction management profession. Ans- True
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. Ans- True
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. Ans- D) 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 Ans- True
Certification as a CM means the construction management practitioner has "state of the
art" knowledge and capability to practice construction management.
True False Ans- False
Recruiting and training are business matters and normally do not involve ethical
concerns.
True False Ans- False
Construction management is a concept that is susceptible to overselling.
True False Ans- True
Failure to provide quality services is a business and not an ethical question.
True False Ans- False
Contracting for adequate fees is both a business and an ethical issue.
True False Ans- True
The ethics of the CM profession focus primarily on a CM's relationships in dealing with
its clients.
True False Ans- True
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. Ans- D) All of the above
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 MasterGrade. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.38. You're not tied to anything after your purchase.
