Question 6 of 175
A contractor is rehabilitating a bridge over a navigable waterway. The construction contract allows for the navigable channel to be closed for pier repairs for short durations, provided that the channel can be cleared within one hour of a Coast Guard request. Failure to do so will result in a hefty fine and project shutdown. The contractor decides to hire a tug boat with operator on standby for the length of the project to better facilitate swift removal of work barges from the channel.
This scenario BEST describes use of which risk response?
Answer

Suggested Answer

The suggested answer is B.

Question 7 of 175
When assembling a project schedule, the more typically used logic relationship is
Answer

Suggested Answer

The suggested answer is D.

Question 8 of 175
The contract documents for a typical construction project include which of the following?
Answer

Suggested Answer

The suggested answer is C.

Question 9 of 175
A client needs to deliver 50 distribution centers throughout the eastern United States. These will be time sensitive in their delivery and will need to open in a phased manner. Due to rising construction costs, the client wants to maximize as much of the economies of scale as possible. They have chosen to establish a Program Management Office (PMO) to drive this program.
A CM’s firm has been selected to establish and operate this PMO. The contract requires key deliverables be established and met for the first 90 days of the PMO.
Based on industry best practice, the CM establishes which of the following key deliverables initially?
Answer

Suggested Answer

The suggested answer is A.

Question 10 of 175
A construction project has been awarded at $85,000,000. There are also $15,000,000 in soft costs. Currently, $55,000,000 of work has been put in place and invoices in the amount of $12,500,000 of soft costs have been paid. The owner is expecting to add scope in the amount of $5,000,000 plus additional design fees of $85,000; however, the project is still expected to be completed on time.
What is the estimate at completion?
Answer

Suggested Answer

The suggested answer is D.