CCM Construction Cost and Time Management 2

Question 1

Which scheduling technique is BEST suited for projects with uncertain activity durations that require probability analysis?

Accepted Answer

Program Evaluation and Review Technique (PERT)

Answer

PERT uses three-point estimates (optimistic, most likely, pessimistic) to calculate expected durations and quantify schedule uncertainty through probability analysis.

Question 2

A contractor submits a claim for additional costs due to an owner-directed change. The Construction Manager should evaluate the claim using which primary method?

Accepted Answer

Measured mile analysis

Answer

Measured mile analysis compares productivity on unimpacted work periods to impacted periods, providing a direct, defensible measure of disruption costs.

Question 3

In a cost-loaded schedule, what does the S-curve represent?

Accepted Answer

Cumulative planned versus actual cost expenditure over time

Answer

An S-curve plots cumulative planned and actual costs over the project timeline, creating an S-shape that reflects slow spending at start and finish with peak spending in the middle.

Question 4

What is the Schedule Variance (SV) when Earned Value (EV) = $400,000 and Planned Value (PV) = $500,000?

Accepted Answer

-$100,000 (behind schedule)

Answer

SV = EV − PV = $400,000 − $500,000 = −$100,000, indicating the project has earned less value than planned and is behind schedule.

Question 5

A Construction Manager needs to compress the project schedule without changing the project scope. Which technique involves adding resources to critical path activities?

Accepted Answer

Crashing

Answer

Crashing adds resources (labor, equipment) to critical path activities to shorten their duration, typically increasing cost in exchange for time savings.

(CCM) Certified Construction Manager Practice Test

(CCM) Certified Construction Manager Practice Test

CCM Construction Cost and Time Management 2