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Construction Project Management & Planning Flashcards

7 cards from real CPC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Construction Project Management & Planning flashcards as text

  1. Which scheduling technique uses probability distributions to account for uncertainty in activity durations?

    Answer: Monte Carlo Simulation

    Monte Carlo Simulation runs thousands of iterations with probabilistic inputs to model schedule uncertainty and produce risk-adjusted completion forecasts.

  2. A contractor is preparing a bid for a road project. The project owner has specified a Lump Sum contract. What is the primary risk the contractor assumes?

    Answer: All cost overruns due to quantity variations

    Under a lump sum contract, the contractor bears the risk of quantity variations; if actual quantities exceed estimates, the contractor absorbs the additional cost.

  3. What does the term 'float' mean in the context of a project schedule?

    Answer: The amount of time an activity can be delayed without delaying the project completion

    Float (or slack) is the amount of time an activity can be delayed without affecting either the project completion date (total float) or a successor activity's early start (free float).

  4. During a project kickoff meeting, the project manager establishes a Work Breakdown Structure (WBS). What is the primary purpose of the WBS?

    Answer: To decompose the project scope into manageable, deliverable-oriented components

    The WBS decomposes the total project scope into smaller, manageable work packages that represent the deliverables, not activities or resources.

  5. Which contract delivery method transfers the most design and construction risk to a single entity?

    Answer: Design-Build (DB)

    Under Design-Build, a single entity is responsible for both design and construction, consolidating the majority of project risk in one contract.

  6. A project manager notices that the project's Cost Performance Index (CPI) is 0.85. What does this indicate?

    Answer: The project is delivering $0.85 of value for every $1.00 spent

    A CPI of 0.85 means the project is only earning $0.85 of planned value for every $1.00 actually spent, indicating a cost overrun situation.

  7. A subcontractor's activity has a large amount of total float but zero free float. What does this situation imply?

    Answer: The activity has scheduling flexibility that is shared with downstream activities

    Zero free float with positive total float means any delay to that activity immediately delays a successor's early start, though the overall project completion may still not be affected.