Question
1. Contract cost and time change ordersare more likely to occur on alump sumfixed-price contract than on a cost plus a fee contract. Group of
1. Contract cost and time change ordersare more likely to occur on alump sumfixed-price contract than on a cost plus a fee contract.
Group of answer choices
A. True
B. False
2. As the square footage of a project increases, what happens to the cost per square foot?
Group of answer choices
A. It tends to increase at a decreasing rate
B. It tends to decrease at a decreasing rate
C. It tends to decrease at an increasing rate
D. It stays the same
E. It tends to increase at an increasing rate
3. Which of the following best defines learning curve?
Group of answer choices
b. Productivity increases as repetitions increase
e. None of the others (a, b, c, & d)
d. Productivity decreases as the size of a project increases
a. Repetition is inversely related to productivity
c. Worker productivity is a constant
4, The level of contingency applied to a project should ___________ as the project moves towards completion.
Group of answer choices
Remain constant
Decrease
Increase
5. The greatest risk the owner faces in a fast-track construction project is that construction begins without a complete design and a detailed and complete estimate.
Group of answer choices
True
False
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