Total 118 Questions |
Updated On: Nov 19, 2024
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Question 1
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.
Answer: C
Question 2
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.
A cyclical process model was chosen as the basis for total cost management (TCM) because:
Answer: C
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Total 118 Questions |
Updated On: Nov 19, 2024
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