Question 1

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. The following question requires your selection of CCC/CCE Scenario 26 (2.5.50.1.2) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. What information is needed to develop a Class 2 definitive estimate?

Options :

A :

Soil data, detailed construction drawings, quantity takeoffs, minimum contingency detailed indirect costs, detailed engineering estimates

B :

Preliminary quantities with labor, material, and factors applied, square footage of facilities, minimum contingency detailed indirect costs

C : Square footage of facilities, factored indirects and home office costs

D :

Vendor quotes, home office detailed estimate, preliminary quantities with labor, material, and factors applied

Answer: A

Question 2

What is a basic element of work or a task that must be performed over a given period of time in order to complete a project called?

Options :

A : WBS element

B : Activity

C : Resource

D : Commodity

Answer: B

Question 3

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. What is the relative frequency of unit costs from Atlanta, GA?

Options :

A : $40.59

B : 3

C : $48.33

D : 33.33%

Answer: B

Question 4

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. 9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete. Based on current trends, how many hours will be expended at project completion?

Options :

A : 16,215

B : 14,201

C : 12,000

D : 10,526

Answer: B

Question 5

Deliberate low bidding is often referred to as buying the job. Which of the following would not be a reason for low bidding?

Options :

A : Survival

B : Backing out of the bid competition

C : Reducing cm eliminating competition

D : Detecting significant errors in the purchaser-s request for quote

Answer: B

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