Online Access Free CCM Exam Questions

In the FIDIC Silver Book (both editions), the Notice of the Commencement Date will be informed by whom?
(1 correct response applies)

• A.The Employer
• B.The Employer ' s Representative
• C.The Engineer
• D.The Engineer ' s Resident Engineer

(The Employer is a leading company in the hospital and medical care sector who wishes to build a new hospital. The Employer is considering approaching a financial institute to secure most of the funds; therefore, he requires clarity and stability in terms of the Project ' s budget and time for completion. Which book do you recommend?)

• A.Silver Book
• B.Red Book
• C.All the above
• D.Yellow Book

The Contractor is entitled to an advance payment. Applying FIDIC Red Book (edition 1999), which two of the following statements are correct?
Choose all of the correct answers (multiple possibilities):

• A.Under the General Conditions, the amount of advance payment is to be paid in full by the Employer through one instalment.
• B.Under the General Conditions, the advance payment will be repaid by deducting all amounts from invoices until the entire advance payment is repaid.
• C.The advance payment is to help the Contractor to finance some of its early cost and expenditure until it becomes entitled to first (non-interim) payment.
• D.The advance payment reflects the amount of works the Contractor has already performed up to the moment such advance payment is performed.

(Which two answers show characteristics of Test on Completion or Test After Completion under the FIDIC Silver Book (edition 1999)?
Choose all of the correct answers (multiple possibilities).)

• A.In case of failure of the Test on Completion, the Employer may accept the Works, thereby reducing the Contract Price.
• B.Although Tests after Completion fail, it may be considered as passed when performance damages specified in the contract are paid by the Contractor.
• C.The Employer can either opt for Tests on Completion or Tests after Completion, but not both.
• D.Tests after Completion are carried out by the Employer.

Under the FIDIC Red, Yellow, and Silver Books (both editions), the Employer has an obligation to give a detailed notice to the Contractor about intended changes that are material to its financial arrangements.

• A.True
• B.False