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CMIT FINAL EXAM |200+ Questions with 100% Correct Answers | Updated & Verified 2023
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CMIT FINAL EXAM |200+ Questions with 100% Correct Answers | Updated & Verified 2023
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CMIT FINAL EXAM |200+ Questionswith 100% Correct Answers | Updated
& Verified 2023
A CM's Role and Responsibilities - -ANSWER--Governed
solely by the Owner/CM Agreement.
Basic Forms of CM - -ANSWER--Agency and at-risk. Key
differences exist.
Factors Contributing to CM's Initial Use - -ANSWER--Need
to reduce time and cost, increasing project funding costs,
changing role of contractors.
First Federal Agency to Use CM - -ANSWER--General
Services Administration.
Common Problems in CM Use by Federal Agencies - -
ANSWER--Funding restrictions, claims, change
conditions.
,Formation of CMAA - -ANSWER--Incorporated in 1982 to
grow and develop CM profession.
CMAA Construction Management Standards - -ANSWER-
-Guide to professional CM services.
Goals of CMAA - -ANSWER--Setting standards,
expanding understanding, advocating for CM.
Certification and Qualification as a CM - -ANSWER--
Certification in another profession does not automatically
qualify as a CM.
Certification as a CM - -ANSWER--Does not guarantee
'state of the art' knowledge and capability.
Recruiting and training in business - -ANSWER--False
Construction management susceptible to overselling - -
ANSWER--True
Failure to provide quality services - -ANSWER--False
Contracting for adequate fees - -ANSWER--True
Ethics of CM profession focus on client relationships - -
ANSWER--True
Reasons for project delivery variations - -ANSWER--D) All
of the above
,Traditional delivery system phases executed in - -
ANSWER--B) A linear sequence
Advantage of traditional delivery approach - -ANSWER--B)
Facility features are fully determined & specified.
Design-build and at-risk CM allow fast-track or phased
projects - -ANSWER--True
Contractual definition of CM known when - -ANSWER--D)
All of the above
In a CM-at-Risk arrangement, once construction begins,
the CM has no implied duties of loyalty and care to the
owner. - -ANSWER--True
The agency CM does not perform design or actual
construction work. - -ANSWER--True
Under the CM-at-Risk delivery method, the owner usually
deals with a hybrid of a construction manager and a
general contractor. - -ANSWER--True
Under a CM-at-risk contract, all of the following statements
are true: - -ANSWER--D) All of the above
In considering the differences between agency CM and
CM-at-Risk, which statement is NOT true? - -ANSWER--
D) In an agency CM role, the CM directly subcontracts all
trade contracts.
, The agency CM does not maintain a direct contractual
relationship with the trade or prime contractors. - -
ANSWER--False
Placing the CM in an agency role always transfers the risk
to the contractor. - -ANSWER--True
In an agency CM relationship, the CM has no vested
financial interest in the project. - -ANSWER--True
Under agency CM, agency is a relationship between
owner and CM as agent acting in the owner's interest. - -
ANSWER--True
Actual usage of a particular contract form for the
construction phase depends on: - -ANSWER--D) All of the
above
Two Basic Categories of Construction Phase Contracts - -
ANSWER--Cost Reimbursement and Fixed Price
Fixed Price Contract Bids - -ANSWER--Can be based on
partially completed documents or complete set of
drawings and specifications
Primary Advantage of Fixed Price Contract - -ANSWER--
Bids should be taken on contract documents that are fully
complete
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