e. Guaranteed Maximum Price (GMP) - answer✔a, b, d
Since private projects are not funded by taxpayers, they are required to use an open bidding
selection method.
True or false? - answer✔False
One difference between Agency CM and CM at Risk is that an Agency Construction Manager is
not responsible for ensuring that the construction schedule stays on track.
True or False? - answer✔True
The Field Engineer is associated with what career path? - answer✔Superintendent track
According to the Hensel-Phelps model in the textbook, which three positions are considered
entry level? - answer✔Office Engineer, Field Engineer, Quantity Surveyor
What are the engineers that are not licensed engineers? - answer✔Field engineer, Project
Engineer
What project risks are associated with the owner? - answer✔Site conditions, Project funding
4|Page
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