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NEW QUESTION # 60
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.
After an individual's safety needs are met, what needs would the individual be motivated to fulfill next in Maslow's hierarchy of needs?
- A. Knowledge
- B. Pay and compensation
- C. Self-actualization
- D. Belonging needs
Answer: D
NEW QUESTION # 61
NO: 37
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 welded or flushed. What percent complete is this project?
- A. 30%
- B. 95%
- C. 50%
- D. 45%
Answer: D
NEW QUESTION # 62
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. Bid shopping
- C. Negotiating a best and final offer
- D. Cost-price analysis
Answer: B
NEW QUESTION # 63
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.
All of the following are included in "income tax" calculations except:
- A. Depreciation
- B. Annual expenditures
- C. Initial cost of investment
- D. Annual income
Answer: C
NEW QUESTION # 64
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.
Resource planning must take all of the following into account except:
- A. Earned value techniques established for the project
- B. Cash flow (expenditures) limitations for completing work on the project
- C. Time available to complete the project
- D. Types of materials, equipment and labor skills required to complete the project
Answer: A
NEW QUESTION # 65 
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 30 months, copper prices will have increased by what percentage over today's price?
- A. 2.5%
- B. 4.6%
- C. 6.6%
- D. 3.5%
Answer: A
NEW QUESTION # 66
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.
Which of the following percent complete measurement techniques is best suited for long-term non-production accounts (such as overhead accounts)?
- A. Units completed
- B. Incremental milestone
- C. Start/finish
- D. Ratio/level of effort
Answer: B
NEW QUESTION # 67 
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
What is the relative frequency of unit costs from Atlanta, GA?
- A. 33.33%
- B. 0
- C. $48.33
- D. $40.59
Answer: A
NEW QUESTION # 68
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen., using the drop down menu, to reference during your response/choice of responses.
Calculate the weighted average unit cost.
- A. $46.13
- B. $48.35
- C. $48.09
- D. $47.63
Answer: B
NEW QUESTION # 69
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.
Select the statement that best describes the method to estimate the cost of the new rides:
- A. Break down the technology into components
- B. Call vendors for quotes
- C. Use historical data from past projects
- D. Adjust known data from existing rides
Answer: D
NEW QUESTION # 70
What is executed in connection with a contract and secures the performance and fulfillment of all the undertakings, covenants, terms, conditions and agreements contained in the contract?
- A. Surety bond
- B. Performance bond
- C. Liability insurance
- D. Bid bond
Answer: B
NEW QUESTION # 71 
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.
An unbalanced bid methodology can best be used by:
- A. Contractor working directly for engineer (plan A or B)
- B. Subcontractor working for contractor (Plan A or B)
- C. Engineer working for the owner (Plan A)
- D. Engineer/contractor working for the owner (Plan B)
Answer: D
NEW QUESTION # 72
A schedule's late dates are calculated during the:
- A. Forward pass
- B. Float
- C. Backward pass
- D. Loop calculations
Answer: C
NEW QUESTION # 73
______________can be defined as the determination of that course of action or combination of alternatives that yields either the lowest cost or the highest profit.
- A. Dynamic programming
- B. Simulation
- C. Economic optimization
- D. Linear programming
Answer: A
NEW QUESTION # 74
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.
Given a unit price contract between the owner and contractor, each assumes the following:
- A. Bid unit rate, owner quantities are within estimate range
- B. Contractor can perform at or below bid unit rate, owner quantities can exceed estimate range
- C. Bid unit rate, owner quantities can exceed estimate range Contractor can perform above
- D. Contractor can perform at or below bid unit rate, owner quantities are within estimate range
Answer: D
NEW QUESTION # 75
The written word is often more useful than the spoken. Guidelines for writing include:
- A. Use short sentences; use short words; avoid jargon and abbreviations; use complete sentences; stick to one idea per paragraph; have a beginning, middle and end; be accurate
- B. Organize the background information; state the problem list the options or alternatives; state the recommendation (s); conclude and summarize with why the recommendation is the best way to proceed
- C. Explain, report, describe, clarify, define and demonstrate
- D. Follow an outline; allow some time for "cooling" after compiling the draft before revising; when revising, allow plenty of time for several sessions
Answer: B
NEW QUESTION # 76
____________ is the application of total resources ($-workers-supports) and activity durations of the logic diagram.
- A. Modeling
- B. Forecasting
- C. Scheduling
- D. Planning
Answer: C
NEW QUESTION # 77 
The following question requires your selection of CCC/CCE Scenario 6 (2.7.50.1.3) from the right side of your split screen., using the drop down menu, to reference during your response/choice of responses.
What is the range of unit costs?
- A. $48.22
- B. $26.65
- C. $21.57
- D. $485.00
Answer: D
NEW QUESTION # 78
Some of the principles of good communication are:
- A. Seek to clarify your ideas before communicating; examine the true purpose of each communication; consider the total physical and human setting whenever you communicate; be mindful, while you communicate, of the overtones as well as the basic content of the message
- B. Tell the other person what to do; give insincere praise; psychoanalyze the other person; make light of a serious problem; do not gain the trust of anyone; always have a hidden agenda
- C. Use short words; avoid jargon; avoid acronyms and abbreviations; use complete sentences; have a beginning, middle and end; be accurate; be interested in what topic is being communicated
- D. The social process by which people in a specific situation construct meaning using symbolic behavior
Answer: C
NEW QUESTION # 79
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 class of estimate is used for the preliminary design phase of a project?
- A. Class 4 - budget estimate with +30% / -15% accuracy
- B. Class 5 - order of magnitude estimate with +50% / -30% accuracy
- C. Class 1 - order of magnitude with +30% / -30% accuracy
- D. Class 2 - definitive estimate with +15%/-5% accuracy
Answer: B
NEW QUESTION # 80
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.
When analyzing a precedence diagram schedule, the "backward pass"
- A. Determines the duration of each activity
- B. Allows activities to finish as soon as all their 'predecessor' relationships are satisfied
- C. Allows total float to be calculated
- D. Calculates the earliest allowable start and finish times for the activities in the schedule
Answer: D
NEW QUESTION # 81
Listening to what is being said by all members of a group or audience and then summarizing or interpreting is called______________.
- A. Facilitative listening
- B. Directive listening
- C. Non-listening
- D. Visual listening
Answer: B
NEW QUESTION # 82
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.
Which of the following should be included in the life-cycle cost analysis of a power plant?
- A. Capacity factor, end product units, physical dimensions
- B. Construction cost, operating cost, maintenance cost
- C. Resources, work activities, final cost objects
- D. Factory expenses, distribution expenses, mark-up
Answer: B
NEW QUESTION # 83
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