BCM Construction Project Management 3

Question 1

The Schedule Performance Index (SPI) is calculated as:

Accepted Answer

Earned Value ÷ Planned Value

Answer

Actual Cost ÷ Earned Value

Answer

Planned Value ÷ Budgeted Cost

Answer

Earned Value ÷ Actual Cost

Question 2

In the context of construction procurement, a Request for Proposal (RFP) differs from a Request for Quotation (RFQ) because an RFP:

Accepted Answer

Seeks technical approach and methodology in addition to price

Answer

Only requests a unit price list

Answer

Is used exclusively for material purchases

Answer

Is issued after contract award

Question 3

Project closeout in construction typically includes all of the following EXCEPT:

Accepted Answer

Issuing the original project charter

Answer

Obtaining certificate of occupancy

Answer

Completing punch list items

Answer

Releasing project resources

Question 4

A project's 'scope creep' is best controlled through:

Accepted Answer

A formal change management process

Answer

Verbal agreements with the owner

Answer

Increasing the contingency budget

Answer

Accelerating the construction schedule

Question 5

Which construction delivery method gives a single entity responsibility for both design and construction under one contract?

Accepted Answer

Design-Build

Answer

Design-Bid-Build

Answer

Construction Management Agency

Answer

Multiple Prime

Question 6

The primary purpose of a project kick-off meeting in construction is to:

Accepted Answer

Align all stakeholders on project goals, roles, and expectations before work begins

Answer

Negotiate final contract terms with the owner

Answer

Submit the first payment application

Answer

Complete the site mobilization plan