Become CMAA Certified with updated Construction-Manager exam questions and correct answers
Owner's representation staff are managing the construction of a new water treatment plant. The owner has specific operational and sustainability goals they want met and are contracting the team for full commissioning services. The commissioning plan should include which of the following requirements for each party in the commissioning process?
The general contractor on a $1.2 billion terminal at an airport finds out that, due to supply chain issues, there is a 60% risk that they will not be able to get steel onsite for 10 weeks. The late start date of steel installation is four weeks away. Such a delay would cost the owner $75,000 per week to recover. What is the expected monetary value of risk?
The contract documents normally require which party/parties to coordinate the transfer of spare parts and warranties to the owner?
A relatively new general contractor has executed three projects. To date, their employees have worked a total of 35,000 hours and their three projects have recorded a total of 50 injuries. What is their recordable case rate?
Which of the following contract types limits the potential incentive to increase profit through increasing contract costs?
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