What do you call a person authorized to represent another (the principal) in some capacity? He/she can only act within this capacity or "scope of authority" to bind the principal.

A. Engineer

B. Alternate

C. Project Manager

D. Agent

Which of the following is NOT an aspect of quality management?

A. Quality assurance

B. Quality planning

C. Quality checking

D. Quality control

If a project is said to be on a "fast track program/' the fast track method is:

A. Simultaneous working engineering, procurement, and construction, with appropriate overlap from each phase of work so that delays are eliminated and all the work is streamlined into a correct plan of logic/ sequence and duration for all of the work

B. First completing engineering and procurement, then executing construction

C. Analyzing the project and specifying the basic approach to be used in its execution; segmenting the project into reasonable number of activities; estimating the time required to perform each activity; placing the activities in time order, considering both sequential and parallel performance

D. Revising the schedule logic to make it possible to identify constraints of faulty logic; revising the durations in the n p schedule that have been based on assumptions regarding the \hay the work would be performed; revise the resources to work multiple shifts; evaluate the use of overtime

An effort by a prime contractor to reduce the price quoted by a vendor, by providing the bid price to other vendors in an attempt to get the other vendors to underbid the original price quoted is referred to as:

A. Costing

B. Cost-price analysis

C. Bid shopping

D. Negotiating a best and final offer

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?

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

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.

Cost engineers who feel completely satisfied and fulfilled by their work as part of a project team are said to have reached the ______________ stage of Maslow's hierarchy of needs.

A. Need satisfaction

B. Belonging needs

C. Self-actualizations

D. Esteem

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.

Fred Fiedler's contingency model suggests that:

A. Leadership styles are just the opposite of the managerial grid model

B. Successful leadership depends upon a good match

C. between the style of the leader and the demands of the situation

D. Successful leadership can always be imposed by experienced supervision

E. A relationship oriented leader described the least preferred worker in an unfavorable light

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 latest allowable end time minus the earliest allowable end time on a schedule activity is referred to as:

A. Activity total slack

B. Remaining duration

C. Just-in-time" scheduling

D. Free float

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.

If the owner in B has as his primary goal to get the project completed and on line as fast as possible, then he would most likely use the ______________type of contract.

A. Cost plus

B. Lump sum

C. Unit Rate

D. Lump sum + incentive

An agricultural corporation that paid 53% in income tax wanted to build a grain elevator designed to last

twenty-five (25) years at a cost of $80,000 with no salvage value. Annual income generated would be

$22,500 and annual expenditures were to be $12,000.

Answer the question using a straight line depreciation and a 10% interest rate.

The following question requires your selection of CCC/CCE Scenario 17 (4.2.50.1.1) from the right side of

your split screen, using the drop down menu, to reference during your response/choice of responses.

What is the "book value (BV) of the asset at the end of 5 years?

A. $64,000

B. $16,000

C. $3,200

D. $60,000