Cosc 353 final exam Study guides, Class notes & Summaries

COSC 353 PM FINAL Actual Exam Questions With Verified Correct Answers| Latest Update To ensure Maximum Competitive advantage and the best subcontractor price for the owner, a CM should seek 12 or more bidders per work package. True or false? - ANSWER False A Bid Breakdown submitted by the bidder can be useful in guiding contractor progress payments? - ANSWER True Builders Risk Insurance protects the property while it is under construction for damage resulting from fire, smoke, wate...

COSC 353 Project Management Exam 2 Questions and Answers Risk - Correct Answer️️ -Any factor or event that creates uncertainty in achieving organizational objectives General Risks - Correct Answer️️ --Financial -Time -Design -Quality Risk Contribution - Separated Function - Correct Answer️️ -Lack of timely consultation resulting in difficult maintenance of project aspects Risk Contribution - Scope Creep - Correct Answer️️ --Change in scope of work after contract -Misc...

COSC 353 Exam 2 Questions and Answers Chapters 7,8,9,11,12,13 - Correct Answer️️ -Even though syllabus doesn't say 12 and 13... To ensure max competitive advantage and the best sub price for an owner, a construction manager should seek 12 or more bidders per work package. T/F - Correct Answer️️ -False A bid breakdown submitted by the bidder can be useful in guiding contractor progress payments. T/F - Correct Answer️️ -True Builder's risk insurance insures the property while...

COSC 353 - Final Exam Public Owner - Answer- money comes from federal, state, or local owner is the taxpayer projects can be managed by private organizations Private Owner - Answer- most construction financed this way developer Developer - Answer- private owner that only owns the project for the duration of construction Owner Representatives - Answer- facility managers building committee (users, financial backers, residents) pm/cm Architects - Answer- translate and ...