Project commencement - Study guides, Class notes & Summaries

What is the 1st offense penalty for engaging in the practice of residential building without a license? - Answer Not less than $5K and not more than $25K and/or 1 year What is the penalty for engaging in the practice of residential building, resulting in a death? - Answer Not less than $5K and not more than $50K and/or 4 years On your individual builder's license application, what should you write as your "business address"? - Answer Your personal address What is the cost of the indi...

Which document designates an official start of a construction prioject? Notice of commencement Which document provides proof that a contractor/supplier provided labor/materials to a project? Notice of furnishing Which type of document verifies that a notice of f

CQM-C Exam 40 Questions with Verified Answers The purpose of Construction Quality Management is to: - CORRECT ANSWER Achieve the quality established by properly developed requirements through the combined responsibility, but seperate efforts of contractpr smd government personnel. Construction Quality Management is the performance of tasks, which ensure that construction is performed. - CORRECT ANSWER According to plans and specifications, on time, within a defined budget and a safe work e...

How many OE (Operational Environments) are there? - Answer- 8 Which OE has advisory weather? - Answer- Physical environment Political OE is defined by: - Answer- distribution of power and responsibility The driving factor and decision making in operations in OE is - Answer- Time the Two parts for information OE includes - Answer- computer warfare and psychological warfare What is the most expeditious method of unloading? - Answer- circus What does BBPCT stand for? - Answer- Blo...

TEST BANK Enterprise Risk Management S - The Marketplace to Buy and Sell your Study Material 1 RSK2601 TEST BANK Question 1 Which one of the following is a benefit of effective risk and opportunity management? 1) Improved profit certainty 2) Increased shareholder value 3) Increased stakeholder confidence Correct option 3 4) Lower economic returns Explanation Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and higher economic returns are all benefits of ef...

COMMERCIAL CONTRACTOR PRACTICE EXAM QUESTIONS AND ANSWERS An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45 hours during a holiday week, and receives 8 hours additional pay for the holiday? A.$562.50 B.$662.50 C.$693.75 D.$743.75 - ANS C.$693.75 Which of the following statements about a sole proprietorship is TRUE? A. The business, or any part of it, can be sold, altered, or exchanged at will. B. The business will surviv...

An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45 hours during a holiday week, and receives 8 hours additional pay for the holiday? A.$562.50 B.$662.50 C.$693.75 D.$743.75 correct answersC.$693.75 Which of the following statements about a sole proprietorship is TRUE? A. The business, or any part of it, can be sold, altered, or exchanged at will. B. The business will survive the death of the owner. C. It provides the owner wi...

An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45 hours during a holiday week, and receives 8 hours additional pay for the holiday? A.$562.50 B.$662.50 C.$693.75 D.$743.75 - Answer C.$693.75 Which of the following statements about a sole proprietorship is TRUE? A. The business, or any part of it, can be sold, altered, or exchanged at will. B. The business will survive the death of the owner. C. It provides the owner with l...

COMMERCIAL CONTRACTOR PRACTICE EXAM QUESTIONS WITH VERIFIED SOLUTIONS An employee earns $12.50 per hour. What is the gross pay of this non-exempt employee who works 45 hours during a holiday week, and receives 8 hours additional pay for the holiday? A.$562.50 B.$662.50 C.$693.75 D.$743.75 C.$693.75 Which of the following statements about a sole proprietorship is TRUE? A. The business, or any part of it, can be sold, altered, or exchanged at will. B. The business will...

What is the first offense penalty for engaging in the practice of residential building without a license? Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. What is the penalty for engaging in the practice of residential builders license, resulting in a death? Not less than $5,000 and not more than $25,000 and/or four years in prison On your individual builder's license application, what sh...