FLORIDA CONTRACTORS MANUAL EXAM |
QUESTIONS AND CORRECT ANSWERS |
GRADED A+ | VERIFIED ANSWERS | LATEST
VERSION | STUDY THIS ONE!
According to Contractors Manual, which of the following production factors
would not be considered by the estimator when calculating equipment cost
estimates? ------CORRECT ANSWER---------------original purchase price of
the equipment
When estimating the cost of transporting equipment to the job site, the
estimator should use: ------CORRECT ANSWER---------------40 to 65% of
the speed limits
When producing an equipment estimate, some factors that are taken into
consideration are: ------CORRECT ANSWER---------------age and condition
of equipment, permissible speeds and safety factors
All these factors, except one, must be considered when estimating
manpower: ------CORRECT ANSWER---------------financial incentives
Value engineering and cost savings, returning money to both the owner
and the contractor, are advantages of which type of contract? ------
CORRECT ANSWER---------------guaranteed maximum price
A contract in which the contractor agrees to perform a stipulated job in
exchange for a fixed sum of money is called a: ------CORRECT ANSWER--
-------------lump-sum
,Ambiguous contract terms will be: ------CORRECT ANSWER---------------
interpreted against the party who drafted the document.
Which construction contracts are rarely negotiated? ------CORRECT
ANSWER---------------fixed-price
The MAJOR difference between various of types of negotiated contracts
such as lump-sum, cost-plus or guaranteed maximum price is: ------
CORRECT ANSWER---------------the provision regarding compensation of
the contractor
Network Analysis including CPM and PERT are methods of _________ ----
--CORRECT ANSWER---------------scheduling
Network analysis includes all of the following functions except: ------
CORRECT ANSWER---------------the balance sheet of the critical activities
According to Contractors Manual, which of the methods below is not one of
the three traditional methods of construction scheduling grouped under
network analysis? ------CORRECT ANSWER---------------Cost Control
Systems (CCS)
Network Analysis determines the: ------CORRECT ANSWER---------------
shortest length of time in which a project can be completed.
,The disadvantage of a network analysis used as a planning tool is that it: ---
---CORRECT ANSWER---------------is a tedious and exacting task if
attempted manually
What activity must always precede scheduling, according to Contractors
Manual? ------CORRECT ANSWER---------------project planning
One of the preliminary project planning steps, according to the Contractors
Manual is: ------CORRECT ANSWER---------------obtain and review plans
and specifications
Network analysis consists of many separate but interrelated operations. For
scheduling these are called: ------CORRECT ANSWER---------------activities
The physical characteristics of a dependency as used in the preparation of
the Project Planning Network, according to Contractors Manual, are
described as: ------CORRECT ANSWER---------------hard
What schedule should be prepared with a project schedule, according to
the Contractors Manual? ------CORRECT ANSWER---------------material and
equipment
An adequately controlled project schedule should be formally reviewed and
updated at least every ___ , according to Contractors Manual. ------
CORRECT ANSWER---------------30 days
, Contractors should post construction progress schedules at least ___ ,
according to the Contractors Manual. ------CORRECT ANSWER---------------
weekly
When developing a project schedule, which of the following should not
influence the development of the project schedule, according to
Contractors Manual? ------CORRECT ANSWER---------------crew sizes
All of the following except, ______ should review a proposed short term
project schedule, according to Contractors Manual. ------CORRECT
ANSWER---------------building department officials
According to Florida Contractors Manual, short term schedules on
construction projects are a detailed explanation of the next: ------CORRECT
ANSWER---------------2 weeks
Which schedule highlights critical material deliveries, as well as critical
decisions that must be made? ------CORRECT ANSWER---------------short
term
Which of the following is one of the six project phases of the schedule
development time table? ------CORRECT ANSWER---------------conceptual
To recover the additional cost when a contractor has to perform extra work
for a subcontractor or material vendor, the contractor can proceed by the
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