Exam (elaborations)
CM 1011 Mid-Term Exam Questions and Answers
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CM 1011 Mid-Term Exam Questions and Answers
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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
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