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A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is referred to as:
A bond that guarantees the bidder will enter into a contract on the basis of his/her bid is referred to as:A . Surety bondB . Performance bondC . Bid bondD . Liability bondView AnswerAnswer: C Explanation: A bid bond is a type of surety bond that guarantees the bidder will...
AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.
AACE International defines _____________as a technique of economic evaluation that sums over a given study period, the costs of initial investment, replacements, operations, and maintenance/repair; expressed in either present or annual value terms.A . Risk analysisB . Benefit/Cost ratio (B/C) methodC . Net present worth methodD . Life cycle costs...
How many hours have been earned?
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....
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. At the end of Year 4, the commodity which experienced the greatest projected percentage price index increase over today...
Meetings require:
Meetings require:A . Goals, an agenda, preparation, relevant discussions, support for your actions and to consider the total physical and human setting of the meetingB . Goals, an agenda, preparation, conclusions, control and conversations that are relevantC . Goals, an agenda, preparation, control, good listening skills and relevant discussionsD ....
Which of the following best describes the concept of total cost management:
Which of the following best describes the concept of total cost management:A . A method of quantifying construction damages where the total job costs are subtracted from the original bid or estimate to determine the total cost amount for a claimB . The practices and processes utilized to manage the...
What percent complete is this project?
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. The entire pipe has been received, hangers have been installed, and all pipes are in place. None has been...
A contract clause that provides the owner with the right to terminate the contract irrespective of the general contractor's liability is:
A contract clause that provides the owner with the right to terminate the contract irrespective of the general contractor's liability is:A . Termination of contract - convenienceB . Termination of contract - defaultC . Substantial completionD . Breach of contractView AnswerAnswer: A Explanation: Termination of Contract for Convenience is a...
What is the cost index value of copper at the end of Year 2?
The following question requires your selection of CCC/CCE Scenario 4 (2.7.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses. What is the cost index value of copper at the end of Year 2? (rounded to 2 decimal positions)A...
The goal of listening is to:
The goal of listening is to:A . Analyze what the speaker is sayingB . Find out what is going onC . Have time to formulate your thoughts on the subjectD . Improve communicationView AnswerAnswer: D Explanation: The primary goal of listening is to improve communication. Effective listening ensures that the...
