Ch6. Review Test

Question 1

Which of these scheduling techniques is relatively simple and graphically shows the starting and finishing times for individual tasks that make up a job?

A. critical path

B. flow chart

C. bar chart

D. pie chart

Answer 1

C. bar chart

Question 2

How often should a contractor visit a job site to schedule deliveries, resolve conflicts, and coordinate the work of subcontractors?

A. daily

B. twice a week

C. weekly

D. once a month

Answer 2

A. daily

Question 3

Which type of surety bond guarantees that the contractor will perform the contract in accordance with its terms and conditions?

A license

B. performance

C. payment

D. bid

Answer 3

B. performance

Question 4

Which is usually the most difficult item to estimate?

A. labor

B. materials

C. permits

D. equipment rental

Answer 4

A. labor

Question 5

How much is a 5% retention in dollars if the total job price is $185,000 and company overhead is $37,000?

A. $5,625

B. $7,400

C. $8,325

D. $9,250

Answer 5

D. $9,250