CE 324 MID-TERM EXAM-Fall 2017 Semester Name nswer all of the questions to the b
ID: 1712800 • Letter: C
Question
CE 324 MID-TERM EXAM-Fall 2017 Semester Name nswer all of the questions to the best of your ability. Place answers on the lines provided or dirdle the etter corresponding to your answer for True/Faise and multiple choice questions For any question that requires calculations to determine the answer, you mt SHOW YOUR WORK to receive full credit. Use the back of the previous page if you need more room for your calculations 1· [2pts) Torf: Cost estimates generated during the planning phase are more acre estimates generated during the design phase. cor 2. (2 pts)T or F: A limited partner who invests $20,000 in a company shares the same beneflts and liabilities as a general partner who also invests $20,000 in the same company. 3· (3 pts) The difference between Construction and Manufacturing is that Costdon deals 4. (3 ptsjMeans and Methods refers to 5 (2 pts) The "Means and Methods. used on a prject are the responsblty of a. the Owner c the Contractor b the Designer d. a, b, & c 6. (2 pts) The "Means and Methods" used on a project could be influenced by b. the Designer d. a, b, & c a. the Owner c the Contractor 7. (2 pts) T or F: Owners prefer the Design-Build delivery method since it allows them to have significant control over all aspects of the project jurisdiction over the dispute is always the court of jurisdiction where the project is located. (6 pts) List 3 reasons a contractor might include float in his or her schedule T or F: When a construction project contract dispute goes to court, the court having a. b. C.
Explanation / Answer
1. The statement is false.
As during cost estimates generated during planning are based upon past construction practices, and the cost estimates generated during design based upon knowing the essential design requirements, therefore rate of precision is high. The latter is based on the items and quantities of work.
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