CMAA Construction-Manager Q&A - in .pdf

  • Construction-Manager pdf
  • Exam Code: Construction-Manager
  • Exam Name: Certified Construction Manager (CCM)
  • PDF Version: V19.35
  • Q & A: 365 Questions and Answers
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NEW QUESTION: 1

A. Option D
B. Option B
C. Option A
D. Option C
Answer: C

NEW QUESTION: 2
Which of the following decision tree nodes have probability attached to their branches?
A. Explanation:
Event nodes represents the possible uncertain outcomes of a risky decision, with at least two nodes to illustrate the positive and negative range of events. Probabilities are always attached to the branches of event nodes.
B. Root node
C. Decision node
D. End node
E. Event node
Answer: E
Explanation:
is incorrect. Root node is the starting node in the decision tree, and it has no branches. Answer: D is incorrect. It represents the choice available to the decision maker, usually between a risky choice and its non-risky counterpart. As it represents only the choices available to the decision makers, hence probability is not attached to it. Answer: is incorrect. End node represents the outcomes of risk and decisions and probability is not attached to it.

NEW QUESTION: 3
Which of the following, if true, best completes the argument below?
Comparisons of the average standards of living of the citizens of two countries should reflect the citizens' comparative access to goods and services. Reliable figures in a country's own currency for the average income of its citizens are easily obtained. But it is difficult to get an accurate comparison of average standards of living from these figures, because______
A. these figures must be calculated by dividing the gross national product of a country by the size of its population
B. wage levels for the same job vary greatly from country to country, depending on cultural as well as on purely economic factors
C. the wealth, and hence the standard of living, of a country's citizens is very closely related to their income
D. there are usually no figures comparing how much of two different currencies must be spent in order to purchase a given quantity of goods and services
E. comparative access to goods and services is only one of several factors relevant in determining quality of life
Answer: D
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 4
You are the project manager for a Microsoft Dynamics implementation.
You need to summarize the in-scope and out-of-scope items.
Which three items should you include in the summary? (Each correct answer presents part of the solution. Choose three.)
A. project type
B. skills matrix
C. project plan
D. functional requirements
E. business processes
F. integration requirements
Answer: D,E,F

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