NCDOT Project Management 5

Question 1

In design-bid-build contracting, NCDOT normally awards the construction contract to the:

Accepted Answer

Lowest responsive, responsible bidder

Answer

Traditional public letting awards the contract to the lowest responsive and responsible bidder.

Question 2

Which risk response strategy shifts the financial impact of a risk to another party, such as through insurance or contract terms?

Accepted Answer

Transfer

Answer

Transferring a risk moves its consequences to a third party, but the risk itself still exists.

Question 3

Free float is the amount of time an activity can be delayed without delaying:

Accepted Answer

The early start of any successor activity

Answer

Free float protects the early start of the next activity, while total float protects project completion.

Question 4

What is the main purpose of a baseline schedule?

Accepted Answer

To give an approved reference for measuring progress

Answer

The approved baseline is the standard used to measure and report schedule performance.

Question 5

Estimate at Completion (EAC), assuming current cost performance continues, is calculated as:

Accepted Answer

BAC ÷ CPI

Answer

EAC = BAC/CPI projects the final cost if current cost efficiency continues.

NCDOT - North Carolina Department of Transportation Practice Test