Part 2 of ProfPrac Quiz. Enjoy!
To learn more, enroll in our Architecture Board Exams Review Courses. Click HERE for details.
Buy Rey a Beer :-) if you liked this Quiz, so I could post more!.
Review Quizzes
EnP Review Quiz
Saturday, February 7, 2009
Review Questions: Professional Practice 02
To learn more, enroll in our Architecture Board Exams Review Courses. Click HERE for details.
Buy Rey a Beer :-) if you liked this Quiz, so I could post more!.
Related Posts
About RSG
Author Description here.. Nulla sagittis convallis. Curabitur consequat. Quisque metus enim, venenatis fermentum, mollis in, porta et, nibh. Duis vulputate elit in elit. Mauris dictum libero id justo.
Previous
Go Green Fair
Go Green Fair
Random Posts
30.01.2009 - 0 CommentsA massive stone baroque church, the Paoay Church is well known for its massive and imposing character given…
10.07.2019 - 0 CommentsATLAS-CDC Review Center (formerly ATLAS-CPED) Angeles City announces the schedule for the…
04.05.2010 - 0 CommentsPGMA approves RP's National Framework Strategy on Climate ChangePUERTO PRINCESA CITY (PND) --- President…
05.03.2009 - 13 CommentsCcd ArkiReview Create Your Badge Here's Building Technology Quiz 02 (Materials & Methods of…
08.07.2014 - 0 CommentsThe CCD Architecture Review Class for the January 2015 Architecture Board Exams is already…
%20YouTube%20Thumbnail%201280x720%20px.jpeg)
.jpeg)
.jpeg)
.jpeg)
.jpeg)
Overload,
ReplyDeletePlease review this conflicting explanation as
well as the correct answer as stipulated.
Proprac 2
Q.23) A cost reimbursement type contract with provisions for a fee that is adjusted by "sharing" formulas applied to the difference between the final allowable costs and the target costs
A. fixed price incentive
B. price adjustment provision
C. cost plus incentive fee (correct answer)
D. cost plus fixed fee
Explanation
Fixed Price Incentive - the owner will pay the CM a fixed fee which is adjusted according to the difference between the final allowable costs and the target costs.
Price adjustment provision - the contract price is adjusted upward or downward in accordance with a pre-arranged formula.
Cost plus fixed fee - the owner will pay the CM a fixed fee plus reimbursement of certain expenses incurred in the performance of basic services.
Thanks and God Bless this great site
Q.7) Not among the functions of the Construction Management Group.
ReplyDeleteA. approves methods and systems of construction
B. reviews change orders and payments
C. recommends general contractor (your answer)
D. involve directly with the contractor's work (correct answer)
Sir, construction management group po ba ang nagrerecommend ng contractor?