Skip to main content

Risk management

How does an owner provide a financial safeguard for the following situations:
- unanticipated price escalation of a particular product
- an architect’s omission of flashing in the construction documents
- a necessary change during construction, modifying the project’s scope.
A. Allowance
B. Alternates
C. Contingency
D. Escalation

AnswerC. Contingency is an amount, usually a percentage, that is part of the project budget to offset changes in the scope of the project, unknown conditions, and gaps/oversights in the documents.

ARE 4.0 exam prep: PPP

Comments

Post a Comment

Try These Too!

Elevator bank layouts

An office building has an elevator bank with 4 elevators where 2 cabs side-by-side are arranged opposite the other 2. Each of the elevators is 3500-pound capacity with an interior cab dimension of 6'8" x 5'4". What is the recommended corridor width at this group? A. 8 feet B. 9 feet C. 11 feet D. 12 feet Answer C. 11 feet. At 1.5-2 times the car depth (5'4), this could be a range, but 10 feet is a minimum for groups of 4 or more. Therefore C is the best choice. ARE 4.0 exam prep: BDCS
1 comment
See the answer »

Imageability

Select 5 components that contribute to imageability , Lynch's concept that posits that a highly imageable city is readily understandable and distinct. A. districts B. social structure C. edge D. landmark E. nodes F. overlapping systems G. paths H. legibility Answer A, C, D, E, G are components that contribute to defining imageability. ARE 4.0 exam prep: PPP
Post a Comment
See the answer »

Floor receptacles

To qualify as one of the required power receptacles in a dwelling, according to NEC, what is the maximum distance from the wall that this recessed or surface-mounted floor receptacle close to an exterior wall may be? Answer Less than or equal to 18 inches. Additional requirements apply, such as approved floor box housing, cover... ARE 4.0 exam prep: BS
Post a Comment
See the answer »