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NEW QUESTION 48 
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. How many hours have been earned?
- A. 11,052
- B. 9,979
- C. 9,559
- D. 10,586
Answer: C
NEW QUESTION 49
The four steps to writing are:
- A. Plan, write, cool, revise
- B. Introduction, paragraph, conclusion, works cited
- C. Start, write, complete, revise
- D. Abstract, body conclusion, bibliography
Answer: A
NEW QUESTION 50
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.
You are reporting on a roadway project, which was estimated to be 10 miles of road. It was scheduled to be completed in 16 weeks, which is this week. According to your calculations, the project has a schedule performance index of 0.80. What would you advise the management about the scheduled completion date?
- A. Project will be completed in 20 more weeks
- B. Project will be completed this week - on schedule
- C. Project will be completed in 12.8 more weeks
- D. Project will be completed in 4 more weeks
Answer: D
NEW QUESTION 51
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.
Fred Fiedler's contingency model suggests that:
- A. Successful leadership can always be imposed by experienced supervision
- B. between the style of the leader and the demands of the situation
- C. Leadership styles are just the opposite of the managerial grid model
- D. A relationship oriented leader described the least preferred worker in an unfavorable light
- E. Successful leadership depends upon a good match
Answer: B
NEW QUESTION 52 
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 mean unit cost.
- A. $48.35
- B. $48.09
- C. $46.59
- D. $48.22
Answer: C
NEW QUESTION 53
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.
- A. Belonging needs
- B. Self-actualizations
- C. Need satisfaction
- D. Esteem
Answer: B
NEW QUESTION 54
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. Liability insurance
- B. Surety bond
- C. Bid bond
- D. Performance bond
Answer: D
NEW QUESTION 55
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If $10,000 is scheduled to be paid out 5 years from now, what is the minimum amount we can invest today?
- A. $6,209
- B. $3,855
- C. $8,129
- D. $3,791
Answer: A
NEW QUESTION 56
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.
According to Maslow's hierarchy of needs, which level should be satisfied first?
- A. Ego-status
- B. Safety needs
- C. Self-actualization
- D. Physiological
Answer: D
NEW QUESTION 57 
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.
In the A relationship, the subcontractor might use an unbalance bid to:
- A. To get more payment early in the job
- B. Reduce the risk of quantities being greater than estimated
- C. Provides an alternative to competitive bidding
- D. Decrease the chances of extended claim litigation
Answer: B
NEW QUESTION 58
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:
- A. It facilitates development of budgets and schedules
- B. Refinement is needed to prepare the estimate at completion (EAC)
- C. Strategic assets and projects have inherent life cycles
- D. It is one of the basic tenets of quality improvement
Answer: C
NEW QUESTION 59
A work breakdown structure (WBS) is developed because:
- A. It can be illustrated by a simple bar, with important milestones represented by symbols at the planned time of occurrence
- B. It can be illustrated by individual bars for major phases, such as permitting, funding, engineering, procurement construction, commission/startup
- C. It defines specific tasks within a project from which schedules can be developed; it aids in linking activities with resources; it facilitates communication; and it allows integration of project plans
- D. It avoids omissions of key product activities through a systematic planning process; removes the complexity of the project by dividing it into manageable units; and provides a framework.
Answer: C
NEW QUESTION 60 
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.
9,375 hours have been expended to date. Planned completion at this time is 75%. The project is determined to be 66% complete. What is the current cost performance index (CPI)?
- A. 0.84
- B. 0.88
- C. 0.96
- D. 1.14
Answer: D
NEW QUESTION 61
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. Visual listening
- D. Non-listening
Answer: B
NEW QUESTION 62
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. Self-actualization
- B. Belonging needs
- C. Knowledge
- D. Pay and compensation
Answer: B
NEW QUESTION 63
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. Benefit/Cost ratio (B/C) method
- B. Life cycle costs method (LCC)
- C. Net present worth method
- D. Risk analysis
Answer: B
NEW QUESTION 64
Money is value. Having money when you need it is very important. Money can also be valuable when used wisely by knowing when to spend and when to conserve Also, planning now for future expenses can be a plus to the company rather than a debit.
There are several ways to capitalize money and spending. Basically there is the single payment method that has a compound amount factor and a present worth factor. There is the uniform annual series that has a sinking fund factor, capital recovery factor and also the compound amount factor and present worth factor. At this point, we can assure money is worth 10%.
The following question requires your selection of CCC/CCE Scenario 7 (4.8.50.1.1) from the right side of your split screen, using the drop down menu, to reference during your response/choice of responses.
If the company needs to repay a loan of $100,000 in 10 uniform annual payments, how much will each payment be?
- A. $16,578
- B. $16,380
- C. $16,273
- D. $15,937
Answer: C
NEW QUESTION 65
The process of stating goals and determining the most effective way of reaching them is the definition for:
- A. Mission Statement
- B. Implementing
- C. Planning
- D. Managing
Answer: C
NEW QUESTION 66
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