Question

4. The Owner's ability to influence design and cost is highest at the construction phase. a. True b. False 5. The conceptual estimate is useful in the schematic design phase when design details are not available. a. True b. False 6. A Cost-Plus contract is considered a reimbursable type of contract. c. True d. False 7. An advantage of a Lump Sum Contract is that the owner assumes the risk of construction cost. e. True f. False 8. A Design-Bid-Build project delivery approach overlaps the design and construction phases, whereas the Design-Build approach requires each phase to be completed before moving on to the next one. g. True h. False 9. Identify ALL that apply: Under the Design-Bid-Build delivery method, there are legal contacts between which of the following. i. Owner-Engineer j. Owner-Contractor k. Engineer-Contractor 10. Identify ALL that apply: The CM at Risk is responsible for: a. Means and Methods b. Quality Assurance c. Payment to Subcontractors d. Safety 11. A General Contractor must be the employer of the electrical and mechanical trades to be considered a General Contractor. a. True b. False

Answer 1

b. false a True The owner has a ability to influence the design and cost of a building at both design and construction stages , but highest at design stage. 3 © "a. True" A conceptual estimate is a preliminary estimates It is usually performed at the start of The work to determine the project feasibility ů It is useful in Schematic design phase when design details are not available: "a. True" The type of contract in which contractor is paid for all of his expenses and additional money for profit is called cost-plus contract i It is a reimbursable type of contract. © "a. Tove contract . The in which price is Single quoted for entire project is called lump-sum contract (assumption of risk of construction cost)