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CMT 210 Midterm Study Guide

Authored by Spencer Monroe

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CMT 210 Midterm Study Guide
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35 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

When managing construction projects, separate management of each project is necessary.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A good safety experience rating can create company-wide savings on workers' compensation premiums and insurance premiums.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Cost control involves containing construction costs within the budget established by the cost estimate.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The collection of actual, accurate construction costs can help managers create __________.

more reliable schedules

more effective safety programs

more accurate estimates

a subcontractor database

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The traditional project delivery system is also known as design-bid-build.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The most common method for compensating the contractor for work completed in the traditional contract delivery system is ___________.

lump-sum contract

cost, plus a fee

cost plus (GMP)

unit price contract

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Normally, the project manager is more involved in the business and formal requirements of the contract, while the superintendent usually is associated with the activities regarding the construction of the facility.

True

False

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