Identify the project delivery system that assumes higher risk? a. Owner/Contractor b. Design/bid/build c. Design/Build d. PPP (A public-private partnership)

a) BIM software popularity has increased due to: Choice 1 Extreme ease of use Choice 2 Designer preference Choice 3 Project owners requiring it Choice 4 Low purchase price b) To avoid Insurance Subrogation risk, a party to a contract needs to: Choice 1 Add itself as named-insured Choice 2 Ask for leniency Choice 3 Ask for tail coverage Choice 4 All of the above c) Why are standard contract forms preferred in construction projects? Choice 1 Elimination of lawyer fees Choice 2 Easier to understand Choice 3 Are inexpensive to purchase Choice 4 None of above

A contractor provided a surety bond as required by the bid specification for the building project. In this situation, the contractor is referred to Producer Surety Oblige Principle

The AIA and its Document Committee follow this (these) basic axiom(s) in drafting their every 10 year updated agreements: O Allocate risks to the party who has direct control over the portion of the process O Allocate risks along the lines drawn by case law O Reflect the normal, reasonable expectations and actions of the parties to design and construction; O All noted.

Which of the following Project Delivery Methods provides an Owner a guaranteed final project cost for the least fee? Group of answer choices A)Design-Bid-Build B)Design-Build C)Construction Management - Agency d)construction management - liable

True or False? One option for competitive bidding is a lump sum proposal; one option for negotiated bidding is a cost + fee+ GMP proposal.

Contractor A fails to complete the contracted Work for a project based on the contract drawings and specifications. The Owner has the Work completed by Contractor B. Who pays for the cost of the Work? O The cost is deducted from amounts owed to Contractor A O It is determined through Mediation O The A/E O The Owner O It is determined through Litigation O It is determined by the A/E O It is determined through Arbitration

Which Project Delivery Method provides for an individual that acts only as a consultant to the Owner? Group of answer choices A)Design-Bid-Build B)Design-Build C)Construction Management - Agency D)Construction Management - Liable

7. When a project is performed under contract, the SOW (Statement of Work) is provided by which of the following? A. The project sponsor B. The project manager C. The contractor D. The buyer/owner 8. Projects are initiated in response of: A. Stakeholder's pressure B. Business needs C. Technological obsolescence D. All of the above 9. The scope statement provides all of the following EXCEPT: A. A list of assumptions B. How changes will be monitored and controlled C. Process and criteria for D. A baseline to assist in evaluating potential scope changes acceptance 10. The work breakdown structure is a deliverable-oriented grouping of project elements (products or services) which defines, or provides a structure for defining the: A. Project staffing, skill requirements, scope definition B. Work packages, control accounts, schedules C. Project change control, risk identification, labor rates D. Project charter, project plan

Please give me right answer clearly.. don't copy and paste from other websites.. thank you. Which standard form of contract is best for implementing the EPCM model (engineering, procurement, construction and management) between GCC and NEC3?