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NEW QUESTION 27

The following question requires your selection of CCC/CCE Scenario 28 (3.7.50.1.7) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
In the A relationship, the subcontractor might use an unbalance bid to:

A. To get more payment early in the jobB. Reduce the risk of quantities being greater than estimatedC. Decrease the chances of extended claim litigationD. Provides an alternative to competitive bidding

Answer: B

 

NEW QUESTION 28
A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.
A cyclical process model was chosen as the basis for total cost management (TCM) because:

A. It facilitates development of budgets and schedulesB. It is one of the basic tenets of quality improvementC. Strategic assets and projects have inherent life cyclesD. Refinement is needed to prepare the estimate at completion (EAC)

Answer: C

 

NEW QUESTION 29

The following question requires your selection of CCC/CCE Scenario 2 (2.3.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
10,278 hours have been expended to date. The CPI at this point in time is 0.93. SPI is
1.03. How many hours were planned?

A. 9,559B. 9,280C. 10,278D. 10,586

Answer: D

 

NEW QUESTION 30

The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen., using the drop down menu, to reference during your response/choice of responses.
Calculate the weighted average unit cost.

A. $48.35B. $48.09C. $46.13D. $47.63

Answer: A

 

NEW QUESTION 31
A major theme park is expanding the existing facility over a five-year period. The design phase will be completed one year after the contract is awarded. Major engineering drawings will be finalized two years after the design contract is awarded and construction will begin three years after the award of the design contract. New, unique ride technology will be used and an estimate will need to be developed to identify these costs that have no historical data.
After an individual's safety needs are met, what needs would the individual be motivated to fulfill next in Maslow's hierarchy of needs?

A. Belonging needsB. KnowledgeC. Self-actualizationD. Pay and compensation

Answer: A

 

NEW QUESTION 32
......

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