CMCP Practice Exam Questions with Verified Answers

CMCP Practice Exam Questions with Verified Answers 1) Advantages of purchasing insurance for your company include all of the following except:** insurance premiums are fully deductible. purchase of insurance lessens the uncertainty of loss occurrence. insurance is viable when the time value of money is essential to the company. having insurance increases the confidence of companies doing business with yours. INSURANCE IS VIABLE WHEN THE TIME VALUE OF MONEY IS ESSENTIAL TO THE COMPANY 2) Which of the following reflects organizational culture in the workplace? how employees and managers respond to crisis situations the ways that managers control the workspace incentives and rewards within the organization All of the above. ALL OF THE ABOVE 3) What is a method to use when clearly and concisely communicating in writing? think before you write be direct read what you write All of the above. ALL OF THE ABOVE 4) A lease abstract is an overview of: the most frequently litigated items in a lease. the most frequently negotiated items in a lease. the most frequently referenced items in a lease. the most frequently taxed items in a lease. THE MOST FREQUENTLY REFERENCED ITEMS IN A LEASE 5) Over 69,000 commercial building projects have been registered for third-party green building certification with the USGBC, the major American proponent of built environment sustainability. What is the USGBC? the US Green Building Council the US Green Building Group the US Green Board and Group the US Green Board and Council US GREEN BUILDING COUNCIL 6) Which type of insurance coverage provides protection to your business against third-party bodily injury and property damage claims? general business liability commercial auto insurance workers' compensation business owner's insurance GENERAL BUSINESS LIABILITY 7) A ________ is an agreement between a client and agency that defines what's included within a project and what is not. statement of review and specifications project statement statement of work project declaration STATEMENT OF WORK 8) What is the difference between project planning and project monitoring? project planning defines the work requirements, and project monitoring tracks progress project planning analyzes impact of the project, and project monitoring defines the resources needed to complete the project project planning compares the actual outcome