CCS Project Delivery & Construction Processes 2

Question 1

In a Construction Manager at-Risk (CMaR) delivery method, when does the construction manager typically provide a Guaranteed Maximum Price (GMP)?

Accepted Answer

After design development or construction documents are sufficiently complete

Answer

The GMP is established once design is sufficiently advanced—typically at 60–100% construction documents—so the CM can accurately price the work.

Question 2

Which contract type places the greatest financial risk on the contractor when actual project costs are uncertain?

Accepted Answer

Lump-sum (stipulated sum) contract

Answer

A lump-sum contract fixes the price regardless of actual costs, so the contractor bears the risk of cost overruns.

Question 3

What is the primary purpose of a Notice to Proceed (NTP) in a construction contract?

Accepted Answer

To formally authorize the contractor to begin work and start the contract time clock

Answer

The NTP is the owner's official authorization for the contractor to commence work, which also triggers the contract completion period.

Question 4

Under the Integrated Project Delivery (IPD) method, which of the following BEST describes the relationship among key project stakeholders?

Accepted Answer

Owner, designer, and contractor share risks and rewards through a multi-party agreement

Answer

IPD uses a multi-party agreement where the owner, architect, and contractor share financial risk and reward, incentivizing collaboration.

Question 5

A unit-price contract is MOST appropriate for which type of project situation?

Accepted Answer

Projects where quantities of work items are uncertain but unit costs can be established

Answer

Unit-price contracts work best when quantities are hard to predict in advance but a consistent unit cost (per linear foot, cubic yard, etc.) can be agreed upon.

(CCS) Certified Construction Specifier Practice Test

(CCS) Certified Construction Specifier Practice Test

CCS Project Delivery & Construction Processes 2