QUESTION 1

Demand, construction cost and cost of capital are all items studied in feasibility analysis.

True

False

QUESTION 2

Construction may begin well before the procurement process has been initiated.

True

False

QUESTION 3

Completion of project construction marks the end of builder involvement in the project.

True

False

QUESTION 4

Advertising for subcontractors, review of subs bids and awarding contracts occurs during which phase of the project?

		Procurement.
		Construction.
		Design.
		Turnover.

QUESTION 5

The design of project systems occurs during which of the following design phases?

		Programming.
		Schematic.
		Design Development.
		Construction Documents.

QUESTION 6

Good design is the end result of an experienced architect.

True

False

QUESTION 7

Value engineering is a way to reduce costs by replacing some items considering only cheaper choices.

True

False

QUESTION 8

Life cycle costing examines initial, operating, maintenance costs and future benefits over the life of a building.

True

False

QUESTION 9

Which of the following is not a local condition necessary to investigate before the beginning of a project?

		Subsurface Conditions.
		Site Access.
		Codes and Regulations.
		Drawings and Specifications.

QUESTION 10

What is the term used to describe a material or component that requires significant time to acquire and bring to the job site?

		Long Lead Time.
		Milestones.
		Critical Activity.
		Procurement Activity.

QUESTION 11

Construction companies only bid work to profit from it.

True

False

QUESTION 12

Construction documents are the communication link among all project participants.

True

False

QUESTION 13

Specifications are a part of the technical information representing the project design and intent.

True

False

QUESTION 14

Which of the following terms indicates a change or clarification issued to all bidders before the receipt of bids?

		Contractor Agreement.
		Bid Alternatives.
		Addenda.
		Change Order.

QUESTION 15

Which of the following bonds guarantees that if a contractor's proposal is accepted, they will enter into a contract?

		Bid Bond.
		Performance Bond.
		Payment Bond.
		Lien Bond.

QUESTION 16

The means and methods of producing the work is the responsiblity of the designer.

True

False

QUESTION 17

Minimizing conflicts between trades is one step toward productivity.

True

False

QUESTION 18

Procurement deals with purchasing, shop drawing approval, fabrication, delivery, installation, testing and turnover.

True

False

QUESTION 19

Which of the following is not a typical support staff responsibility?

		Accounting.
		Marketing.
		Legal.
		Superintendency.

QUESTION 20

Which item is not involved in project closeout?

		Closeout Schedule.
		Terminating Temp Services.
		Preparing Punchlists.
		Claims Resolutions.