Test 1 Georgia Tech Stimulator Questions And All Complete Verified Answers.
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Course
Georgia Residential Contractor
Institution
Georgia Residential Contractor
Construction industry division - Answer 1. Building construction (vertical construction)
2. Heavy construction (horizontal construction)
Facts about the construction industry - Answer • 2009--$1.0 trillion (U.S.A.)
• 7.7 million employed people
• 880,000 construction companies
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Test 1 Georgia Tech Stimulator
Questions And All Complete Verified
Answers.
Construction industry division - Answer 1. Building construction (vertical construction)
2. Heavy construction (horizontal construction)
Facts about the construction industry - Answer • 2009--$1.0 trillion (U.S.A.)
• 7.7 million employed people
• 880,000 construction companies
• 9% of the gross national product
Order of distribution of US new construction volume - Answer Private building
Public non building
Public building
Private non buliding
What are the four segments of the construction industry? - Answer 1. Housing or residential building
2. Commercial building
3. Heavy construction or infrastructure
4. Industrial construction
Housing or residential building - Answer 35% of new construction per year
-Majority of the houses built on speculation.
-Homebuilding is extremely material and craft oriented.
-Homebuilders:
â—¦ Produce single family houses and apartments.
â—¦ Use dimensioned lumber - "stick built"
,â—¦ Hires the designers
â—¦ Subcontracts out most of the work.
â—¦ Constructs approximately 10-25 houses per year.
Commercial Building - Answer 40% of new construction per year
runways, sewers, harbors, subways, sewage treatment plants, etc.
â—¦ Designed by civil engineers, often employed by public agencies
â—¦ Constructed by a general contractor.
â—¦ Heavy equipment oriented.
Industrial Construction - Answer 5% of new construction per year.
-Industrial projects are privately financed
-Highly technical in nature
-The design/build firm does the design & construction, with
few subcontractors
Ex) Power plant, manufacturing plant, processing plant, petrochemical plant, ore
smelting processes, etc.
, Who are the stakeholders in a project? Give some examples. - Answer A stakeholder is someone whose
interests may be
positively or negatively impacted by the project.
â—¦ Contractors
â—¦ Owners (sponsor)
â—¦ Architects/Engineers
â—¦ Lending agencies
â—¦ Governmental bodies
â—¦ Insurance companies
â—¦ Material Supplier/Vendors
What is a stockholders role? - Answer â—¦ Evaluate subsoil conditions
â—¦ Survey surface topography
â—¦ Predict weather conditions
â—¦ Provide transportation
â—¦ Supply material(s)
â—¦ Connect utilities/services
â—¦ Perform local subcontractor
services
â—¦ Hire and fire labor
Name the 6 important participants in the construction industry. - Answer The Owner
â—¦ The Public Owner
â—¦ The Private Owner
The Architect/Engineer
The Prime Contractor
The Sub Contractor
The Vendors (and suppliers)
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