Project Admin exam 2 quiz compiled

Which of the following is not a Common Type of Contract in Construction that was discussed in class?

A. Broker Contract

B. Material Agreement

C. Incidental Work Orders - IWO

D. Prime Contract

A

Which of the following is not a recommendation for handling Liquidated Damages (LDs) in a contract?

A. 30 days total

B. Effects turned over and unfinished units alike

C. 30 day grace period

D. Daily unit rates

B

What helps cover the risk(s) of Indemnification?

A. Only agree to reasonable limited indemnification

B. General Liability Insurance

C. All answers given

D. Insurance agent approves contract language

C

Which of the following is not directly a “Cost” key contract provision of concern?

A. Site security

B. Weather conditions

C. Schedule float control

D. Sales tax

E. Builder’s Risk

C

Which of the following is not directly a “Schedule” key contract provision?

A. Force Majeure

B. Weather Days

C. Safety work

D. Contractor controlled schedule float

C

Which of the following is not part of the Exhibit A?

A. Coordination

B. No answers given

C. Scope Excludes

D. Schedule Performance

B

Coordination includes all the following except?

A. Meetings

B. Scope interactions with other trades

C. Procurement orders and deliveries

D. No answers given

D

Performance of scope of work includes all the following except?

A. Quality

B. No answers given

C. Schedule durations

D. Safety

B

For exhibit As, the general requirements are written by attorneys instead of the PM, which means the PM do which of the following?

A. Just edit them however they see fit without any markups

B. Put a line through the items that do not pertain to the scope of work

C. Delete the lines that do not pertain to the scope of work

D. Nothing, all items must remain as is

B

True or False: The project manager must write the entire contract for the subs once the prime contract is finished, not just the Exhibit A portion

False

Which of the following meetings is generally thought to be the first meeting between a GC’s staff and a sub before they start production at the jobsite

A. Daily Forman Mtg

B. Coordination Mtg

C. Pre-Activity Mtg

D. OAC Mtg

C

Which of the following are required documents for the Architects to review before “spec listed and approved permanent materials” are to be purchase and installed on site?

A. Substitution Requests

B. Addendums

C. RFIs

D. Submittals

D

Which of the following does the PM “Lead” and not just “Assist”?

A. Coordination Meeting

B. Pre-Activity Meeting

C. Self-Perform Labor Crew Size

D. Weekly Sub Mtgs

C

Which of the following does the Super “Lead” and not just “Assist”?

A. Work progress and quality

B. Pre-Activity Meeting

C. Subcontract Scopes

D. RFIs

A

Which of the following does the Super “Lead” but the PM must review and approve their cost?

A. All answers given

B. Contractor’s labor plan and cost

C. Project Phasing and Scheduling

D. Contractor’s equipment plan and cost

A

As discussed in class, whose work does the Field Engineer typically check to make sure it is correct?

A. Subcontractor’s work

B. Basic simple general conditions craft work

C. Superintendent’s work

D. Project manager’s work

Per notes, what are the two things PMs must monitor in regards to GC and Self Perform Work?

A. Efficiency

B. Cost Effectiveness

C. Feasibility

D. Sequencing

E. Durations

B, C

PM continues to monitor a sub’s __________ throughout construction?

A. All answers given

B. Scope of includes and excludes

C. Billing

D. Crew sizes and equipment used

A

Which item on the staff mtg agenda shows up on both the superintendent’s and the PM’s list?

A. Schedule

B. Billing

C. RFIs

D. Budget

C

Which is the very first agenda item to discuss at every meeting when construction is happening at the job site or about to happen?

A. Quality and Effort

B. Schedule

C. Changes

D. Safety

B

Which of the following is not a revenue source?

A. Projects

B. Investments

C. Loans

D. Assets

C

Which of the following is not part of the PM’s primary financial responsibility?

*Hint, the superintendent would be the primary not the PM

A. Change management

B. Subcontract scope and cost terms

C. Approvals of all financial transactions

D. Planning of equipment needs and usage

D

Which of these systems is primarily used for managing and tracking project size and work conditions?

A. HH2

B. Autodesk

C. Submittal Exchange

D. Raken

D

True or False: ERP is a software system that efficiently integrates the data across multiple systems such as finance, HR, manufacturing, supply chain, services, procurement, and others for streamlined reporting and projections

True

Which of the following does the superintendent own for creating a plan and maintaining it?

A. Equipment quantity and hours

B. All answers given

C. Supplemental work

D. Labor quantity and hours

B

As discussed in class, which of the following is not one of the budgets PMs use to launch the construction of a project?

A. Self-Perform Budget

B. Construction Budget

C. Cost Report Budget

D. Final Estimate

C

Which budget gets updated monthly with changes to ensure the owner pay app is correctly sent out?

A. Cost Report Budget

B. Final Estimate

C. Forecast Budget

D. SOV

D

What does BTA stand for?

A. Balance to Align

B. Budget to Allocate

C. Budget to Allowance

D. Balance to Asses

B

Which of the following is not considered part of the indirect work budget costs?

A. Temporary Fencing

B. Staff and General Contractor GC Craft

C. No answers given

D. Job site Trailer

C

Which of the following is typically not part of the Direct Work budgeted costs?

A. Final landscaping

B. Temporary Site Security

C. Framing

D. Paving

B

Which of the following is not part of the SOV changes(not pay app) spreadsheet?

A. How much you’ve been paid previously

B. current contract budget/GMP

C. Approved Price Contract Change Orders (PCCOs)

D. Original contract budget/GMP

A

On the SOV, why are all owner changes included? Choose the best answer that was discussed in class

A. To identify which changes still need approval

B. For owner to approve the changes

C. Validate the current amount to bill

D. To know how much to pay subs

C

For owner pay apps, which of the following do you want to do each time you bill the owner?

A. Make sure the current total owed on each line item of the SOV is correct

B. Make sure past billing is correct

C. All answers given

D. Make sure current billing is correct

C

Which of the following is part of the Pay App back up?

A. Lien Waivers as applicable

B. Stored Material Docs as applicable

C. SP Pay App as applicable

D. All answers given

D

The overall purpose of the cost report is? Choose best answer that was discussed in class.

A. To see how much money is left to spend

B. To see how much money has been spent

C. To organize costs for billing

D. Reveal the financial health of a project, forecasting its likely final profit

D