Il. ln dhis Delivery Mehod also known ahiheowner hirs an Architect/ Engine his/h

Question

Il. ln dhis Delivery Mehod also known ahiheowner hirs an Architect/ Engine his/her representative. a) Design-Bid-Build. b) Design-Build c) CM at Risk d) CM Agency This delivery method includes a Guaranteed Maximum Price as part of the Contract a) Design-Bid-Build b) Design-Build c) CM at Risk d) CM Agency 12· 13. In this delivery method the owner creates a Request for Proposals for teams of contractors/architects to design and bid. Project usually awarded based on best value a) Design-Bid-Build b) Design-Build c) CM at Risk d) CM Agency 14. A good general rule when pricing construction is 40% Material 60% Labor/Equipment b) a) 50% Material 50% Labor-Equipment c) To copy off your neighbors exam 60% Material 40% labor/Equipment d) This delivery method is similar to CM at Risk with no GMP 15. a) Design-Bid-Build. b) Design-Build c) CM at Risk d) CM Agency 16. Read the following statement and choose the idea this statement best represents: It is cheaper for one party to provide a large number of something everyone needs than it is for each party to provide their own (Gi.e. it drives the cost of subcontractors downward). a) Common Sense b) Parametric Scale c) Economies of Scale d) The Robin Hood Principle

Explanation / Answer

11) Option A is correct. In Design bid Build engineer act as representative of owner.

12) Option d is correct. In CM Agency method Guaranteed maximum price included.

13) option C is correct.In CM risk Method project is awarded based on best value.

14) Option D is correct. For materials, 60% and for labour 40% are allocated

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