CCM SOP Cost Reporting Knowledge Check

True or False.
Identify and confirm resources required for cost report creation and updating. This includes the resources to undertake the role of Arcadis approver for PCA/PCRA purposes.

• True

• False

True or False.
Complete the schedule of assumptions and exclusions within the Cost Report and ensure they are project specific, current and include all the key points.

• True

• False

True or False.
Obtain most recent updated and issued version of the Arcadis Cost Report to use as the finish point for updating our regular cost report.

• True

• False

Answer explanation

True or False.
Upon completion of the updated Cost Report, CM should fully review the content and ensure all details are updated and correct. Any significant differences to the anticipated commercial position should be explainable and detailed outside the report.

• True

• False

True or False. Refer to CCM Interim Valuation SOP for specific additional requirements for the last final report.

• True

• False

True or False.
Ensure copies of all relevant Cost Reporting documentation required to be uploaded onto client specific document storage systems or platforms is deleted in accordance with the fee agreement and Arcadis scope of services for the specific project at the appropriate time.

• True

• False

True or False.
A in RACI stands for approver.

• True

• False

True or False.
R in RACI stands for reviewed by.

• True

• False

True or False.
2.1.5 Agree reporting schedule.

Communicate in writing to the CA, Contractor, and relevant members of the Project Team these dates and the deadlines to receive information for input into Cost Reports.

• True

• False

True or False.

2.2.4 Undertake final review and appropriate sign-off.

The Cost Report must be formally signed off as ready for issue in accordance with the PCA/PCRA Process by an approver with the relevant authority and service line experience.

• True

• False