Project Management (30) Flashcards

1
Q

You are representing a regional water wholesaler on a tunnel/pipeline project under a CM-for-Fee arrangement. The owner intends to perform the project by holding separate contracts with a design firm and a contractor to be selected from a list of pre-qualified bidders. As the owner’s agent, in order to provide competent plans and specifications and avoid (or at the least) minimize the owner’s exposure to preventable claims, one should recommend to the owner that they:

A

Involve construction specialists as part of the project team from day 1

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2
Q

A contractor’s proposed schedule of values that provides for inequitably excessive payments at the beginning of the project is typically known as:

A

Front-end loading

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3
Q

The project delivery system that allows the option to fast-track a project is:

A

Design-Build

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4
Q

The goal during the design phase is to complete a set of documents defining a project that can be bid in the local marketplace within the owner’s requirements for:

A

Budget, scope, and schedule

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5
Q

A CM that has a Program Management (PM) agency contract generally acts in who’s interests?

A

Owner’s

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6
Q

In deriving a contractor’s experience modification rate (EMR), which one of the following is most important?

A

Frequency of past accidents

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7
Q

What is the most important trait of a successful Project Manager?

A

A strong communicator

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8
Q

What is an important action you can take to limit your project liability?

A

Make note of safety violations, notify contractor/owner in writing and ask for it to be corrected

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9
Q

When doing force account work, the work performed by the contractor should be verified daily by the:

A

CM and the contractor(s)

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10
Q

Which of the following are activities of the Project Pre-Design Phase?

A

The owner assembles and organizes a project team of design and construction management professionals

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11
Q

A constructibility review focuses on:

A

the clarity, completeness, and consistency of the construction documents

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12
Q

A firm provides design, design-build, and a full range of construction management services. On an Agency CM project that was completed 24 months ago, the connection detail between the curtain wall and structural frame fails on 60% of the glazing system. After assessing responsibility, the mosty likely outcome by the court will find that the:

A

design experience of the firm relevant in determining issues of professional negligence and financial responsibility for damages

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13
Q

A key discriminator of at-Risk Construction Management project delivery method is:

A

The at-risk CM acts as a general contractor during construction

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14
Q

Which of the following apply to both CM as Agent and CM at-Risk contract types?

A

Both require professionalism and teamwork and leadership

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15
Q

The definition for a review of a project’s contract documents to ascertain clarity, consistency, and completeness is called what type of review?

A

Constructability

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16
Q

Which of the following contract terms attempts to shift the risk, or burden of risk, from one party to another, in a contract?

A

Exculpatory clauses

17
Q

What is the key difference between agency CM and CM at-risk?

A

CM at-risk is at risk for the completion of the project on time and on budget

18
Q

Value engineering studies are used for the purpose of ________ in project designs.

A

Optimizing value

19
Q

The total dollar amount allocated by the owner for a project/program is known as the:

A

Budget

20
Q

What is it called when an owner occupies a project before it is 100% complete?

A

Beneficial occupancy

21
Q

When a CM is acting as the owner’s agent, the CM has a responsibility to:

A

Act as a fiduciary to the owner

22
Q

The construction management plan outlines:

A

Project scope, milestone schedule, budget, environmental conditions, strategy for contracting and procurement

23
Q

What is the most important thing the PM can do for contractors to make the project successful?

A

Create an environment where the contractors can be productive

24
Q

With which project delivery system does the CM assist and advise the owner prior to construction, guarantees a maximum price for construction, and manages subcontracts during construction?

A

CM at-risk

25
Q

The project communication matrix is developed to:

A

Identify how communications should be routed

26
Q

The standard of care governing CM professional practice is based on:

A

What other reasonably competent CM’s would do under similar circumstances

27
Q

The Vice President of Operations for the Contractor’s company is on vacation for three weeks. The CM needs someone from the Contractor’s company to sign a change order. Which of the following people should sign the change order?

A

An officer for the company

28
Q

Which of the following is the identification of all requirements of a project or contract?

A

Scope

29
Q

Identifying unique site conditions that may affect the construction sequence requires the CM to:

A

Be familiar with the contract documents and conduct a site inspection

30
Q

The major advantage to the owner of using multiple prime contracts is savings on the:

A

Markup on the work that otherwise would be subcontracted

31
Q

An agreement that combines design and construction services under one contract agreement is normally referred to as what type of project delivery method?

A

Design-build

32
Q

You are a program manager as agent for an owner in the oil and gas industry. The program has two projects: Project A and Project B. Project A has very clear requirements, but the owner must minimize the risk of any disputes. Project B must follow a low-bid contractor selection process and needs to be fast-tracked. You recommend:

A

Design-build for Project A; multiple-prime contracting for Project B.

(Design-build creates a single point of responsibility that reduces risk and the potential for disputes. Multiple-prime contracting usually involves selecting contractors though a low-bid process and frequently allows construction to start before design is complete (i.e., fast track construction))

33
Q

A construction manager establishes a(n) _____________ that will inform the team of the project’s overall status and help identify problem areas or variances.

A

Management Information System

The CM establishes a management information system (MIS) that will inform the team of the project’s overall status and forecast for comparison to the project management plan.

34
Q

In a typical design-bid-build project, the contract documents require which team member to provide O&M training?

A

Contractor

35
Q

_____________ monitor compliance with schedules, the contract documents’ requirements, and allow short to mid-term planning/problem-solving.

A

Progress meetings

36
Q

A large public owner plans to issue an RFP for program management services. The owner wants to avoid or limit conflicts of interest in the program management contract. Which of the following will BEST accomplish this?

A

Agency program management