Question

Question 1 (1 point)

Saved

According to the text studies indicated that incompetence is the most important reason why construction companies fail.

Question 1 options:

	True
	False

Question 2 (1 point)

Saved

The term construction management (CM services) refers to the person in charge of managing the construction project.

Question 2 options:

	True
	False

Question 3 (1 point)

The use of Small and Disadvantaged Business Enterprises is legally important to prime contractors because?

Question 3 options:

	It is federally mandated practice that requires work to be set aside for disadvantaged business enterprises on certain state and federal projects.
	It helps spread the work evenly among contractors both small and large.
	Small and disadvantages business have long needed relief from constant underutilization on goverment contracts.
	Evidence shows that meeting disadvantage business goals has substantially increased the cost of public projects.

Question 4 (1 point)

Although increasing in popularity in all sectors negotiated contracts are most commonly seen in which of the following construction sectors?

Question 4 options:

	Private Commerical
	Public Commercial
	Industrial
	Heavy-Civil

Question 5 (1 point)

According to Chapter 1 in your text fast tracking is most often in used in what type of construction?

Question 5 options:

	Commericial
	Linear
	Heavy-Civil
	Phased

Question 6 (1 point)

The Foreign Corporation is defined as which of the following?

Question 6 options:

	A corporation from outside the United States
	An out of state partnership
	Any corporation that is outside of North America
	An out of state corporation

Question 7 (1 point)

Out of the over 700,000 construction firms in United States the majority are which of the following business types?

Question 7 options:

	Joint Ventures
	Individual (Sole) Proprietorships
	Corporations
	Partnerships

Question 8 (1 point)

A responsibility is a personal assignment for which one is held accountable.

Question 8 options:

	True
	False

Question 9 (1 point)

Companies create organizational charts for many reasons all of the following common reasons with exception of which of the following?

Question 9 options:

	Presents the companies organizational structure in pictorial form.
	Helps employees more fully understand thier position within the company.
	Describes complex job functions to pontetial employees
	Gives employees a constant reminder of their job responsibilites.

Question 10 (1 point)

The main purpose of the employee handbook is_____?

Question 10 options:

	To inform in detail the companies human resource policies
	To let employees know they are being watched
	For use as a drink coaster after employment is gained
	To describe specific job duties to new employees

Answer 1

Q1.

False, it is not most important reason but I can be one of the reason for the companies which got failed. There many many other important reasons like lack of leadership such as project managers and other staff who lacks in running projects properly. Lack of funds which causes bankruptcy.

Q2.

False, the term project management is not a person ,it is a term used for the execution of any task or project with proper plan. A person who is assigned to lead this execution is called as Project Manager.

Please Upload separately to get answers of remaining questions.