Test Chapter 1_Management Flashcards
Management by exception (MBE) is:
A form of variance reporting
In managerial terms, gap analysis is useful primarily in:
Problem solving
ABC analysis involves:
Inventory control
The Federal Discrimination in Employment Act as amended in 1978 prohibits job discrimination based on age for persons between the ages of
40 and 70
Inspectors should be familiar with the contractor’s CPM charts for a construction job primarily to determine if
The job is on schedule
The value engineering approach is frequently found in public works contracts. Value engineering is:
A team approach to optimize the cost of the project
Historically, most costly claims have been either for
Delays or alleged changed conditions
A claim is:
A dispute that cannot be resolved.
Disputes arising between a contractor and the owning agency are
Inevitable
The mean of the numbers is
The mean is the average of the numbers. Add up all the numbers, then divide by how many numbers there are.
The median is
the middle value in a list of numbers.
The mode is the
Number that is repeated more often than any other.
In statistical measurements, a subgroup that is representative of the entire group is
A sample
Productivity is the ratio of
Outputs/inputs
Downtime is the time a piece of equipment is
Unavailable for use