BCM Trivia 2

Question 1

Which US federal law requires contractors on public works projects to pay prevailing wage rates?

Accepted Answer

The Davis-Bacon Act

Answer

The Davis-Bacon Act of 1931 mandates that contractors on federally funded construction pay workers prevailing local wage rates.

Question 2

What does the acronym 'RFI' stand for in construction project management?

Accepted Answer

Request for Information

Answer

An RFI (Request for Information) is a formal process used by contractors to seek clarification from designers or owners about project documents.

Question 3

The 'critical path' in a construction schedule refers to:

Accepted Answer

The longest sequence of dependent activities determining project duration

Answer

The critical path is the longest chain of dependent tasks; any delay on it directly delays the project completion date.

Question 4

Which type of contract places the most financial risk on the owner?

Accepted Answer

Cost-plus contract

Answer

In a cost-plus contract, the owner reimburses all actual costs plus a fee, so cost overruns fall entirely on the owner.

Question 5

What is 'float' (also called slack) in project scheduling?

Accepted Answer

The amount of time an activity can be delayed without delaying the project

Answer

Float is the flexibility in scheduling; a task with zero float is on the critical path.

BCM - Bachelor of Construction Management Practice Test