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1. = P × [(C + T + Q) + 3]
P is Probability
C is Cost
T is Time
Q is Quality
This equation best describes a(n)
A) Monte Carlo simulation equation.
B) cost time quality evaluation.
C) overall risk score.
D) risk variable score.
2. If it can be proven that there was discrimination based on gender during the hiring process, someone may lose their CCM credential due to a violation of the
A) owner's contract requirements.
B) CMAA Standards of Practice.
C) CMAA Code of Professional Conduct.
D) owner's diversity requirements.
3. Who owns the float in a typical project critical path schedule?
A) Contractor
B) Project
C) Construction manager
D) Owner
4. An owner requests a cost estimate for a project during the design phase with an estimated present-day budget of $10M. Construction is scheduled for 24 months. Escalation is 5% for the project duration. What is the projected cost for the project?
A) $11,000,000
B) $5,375,000
C) $5,187,500
D) $10,500,000
5. Which of the following provides details about the front-end activities of the project during the pre-design and design phases, and highlights major project milestones such as substantial and final completion?
A) Master Schedule
B) As-Built Schedule
C) Baseline Schedule
D) Milestone Schedule
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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Passed Apr 24, 2026 with 91% points.
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