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11. Which of the following methods is reasonable for including a normal amount of weather days in a project schedule? (2 Points) a) Limit the
11. Which of the following methods is reasonable for including a normal amount of weather days in a project schedule? (2 Points) a) Limit the number of working days during the season using a weather calendar b) Add a percentage of time to the duration of each weather sensitive activity to account for weather. c) Estimate the total impact of normal weather days and add a contingency activity at the end of the project to account for normal weather. d) All of the above e) Only a) and b) 12. List four different types of schedules most commonly used; (2 Points) a) Bar and Gantt charts, Critical Path Method and network schedules, linear or line- of-balance, milestone. b) Critical Path Method and network schedules, hammocks, rolling wave, milestone. c) Gantt chart, linear or line of balance, level of effort, work lists. d) Flags, constraints, estimate, bar chart. 13. Who is responsible for schedule development and approval? (2 Points) 14. Following a schedule compression analysis of various tasks, the tasks with the highest cost per unit of time (workday) should be shortened first. (2 Points) a) True b) False 15. Negative float can be attributed to: (2 Points) a) The contractor experienced material constraint b) Budget overrun in critical activity(s) c) The imposed finish date is earlier than the calculated finish date 16. When are schedule updates required to be submitted by the Contractor to the Owner? And what is the typically frequency of submitting schedule updates? (3 Points) 17 18. 19. 20. 21. 7 . Who is responsible for the conceptual cost estimate? (2 Points) a) Contractor b) Engineer/Architect c) Owner d) Subcontractors e) All the above In a lump sum contract, all risk is assigned to the following stakeholder: (2 Points) a) Owner b) Contractor c) Architect/Engineer d) All the above Cost accounts are also known by other names such as . (2 Points) Select all that apply! a) detail accounts b) cost elements c) cost codes d) chart of accounts Define cost reports for a construction project. (3 Points). A ratio of earned value to actual cost is called If values greater than are considered favorable; values less than are unfavorable. Select one answer! (3 Points) a) Cost Performance Index (CPI), 1.0, 1.0 b) Cost variance, planned values, planned values c) Budgeted cost of work performed (BCWP), budget amounts, budgeted quantities CSI MasterFormat is often employed to arrive at the . Select only one answer! (2 Points) a) CBS b) Work Break Down Structure c) Consistent Cost Estimates
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