Contract Adminstration Flashcards

1
Q

Which of these is NOT a goal of professional management by a CM?

A

Establish a buffer between the owner and the project

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2
Q

The delivery methods are the structure to take a project from beginning to completion. With which delivery method does the owner have contracts with several contractors and the CM’s primary role is to properly schedule and manage the contractors?

A

Multiple Prime

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3
Q

In the Multiple Prime method, a bid is placed for the building and it is built per the bid. T/F

A

False

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4
Q

CM at Risk is when the CM takes over as the general contractor. T/F

A

True

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5
Q

Some states require Multiple Prime contracts. T/F

A

True

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6
Q

An advantage of the Design-Build method is that the owner is not liable for the design. T/F

A

False

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7
Q

With this delivery method, the owner hires one group who is both the designer and the builder. The design-consultant and the sub-contractors for construction all work for this one entity.

A

Design-Build

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8
Q

There are different forms of compensation. Select the type of compensation that helps produce the lowest price, but has little or no consideration for the contractor’s qualifications.

A

Bid

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9
Q

A reimbursable contract is most appropriate when the work is risky, it is impossible to define, and the amount of work is unknown. T/F

A

True

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10
Q

Contract documents should consist of the agreement, drawings, and specifications, but should not include any modifications after the bid. T/F

A

False

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11
Q

One advantage of using standard forms is that you will not have to deal with attorneys since the forms are updated according to the current laws and regulations. T/F

A

False

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12
Q

Select the series of CMAA contract documents that should be used when the CM begins the project as the owner’s representative and then switches into the role of the builder, offering the owner a guaranteed maximum price.

A

CM at Risk (CMAR) Series

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13
Q

The foundation for the success (or failure) of the project depends on appropriate professional organizations and systems at each project phase. T/F

A

True

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14
Q

An important component of the Pre-Design phase is a construction management plan. T/F

A

True

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15
Q

One of the key components in this project phase is to verify if the general contractor is following the established procurement process:

A

Construction

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16
Q

The CM reviews bids and provides the awarded bidder a Notice to Proceed in this phase of the project:

A

Procurement

17
Q

Maintaining factual, accurate and timely project documentation is an essential role of the CM. T/F

A

True

18
Q

Copies of documents related to a particular issue should be kept in a master file, separate from the Issues book. T/F

A

False

19
Q

You should always have written records of telephone conversations, especially oral directives. T/F

A

True

20
Q

These are all essential documents, records, and images to be kept, EXCEPT:

A

Local newspaper reports