L5.0 Post Assessment Copy

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Question 1 of 5

1. Question
Once you have received the notice of award and contract documents from MMSD, you can mobilize your crew and resources to get the project started?
- True: Just give MMSD notice when you plan to start work.
- False: Your contract is not executed until it is returned to MMSD, they have reviewed your insurance certificate and performance & payment bond, and they have returned your contract fully executed. Further, no work can start until a formal Notice to Proceed is provided.
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Question 2 of 5

2. Question
When receiving a piece of rental equipment onsite, it may be beneficial to implement a risk management practice that requires the operator to perform a routine inspection prior to use?
- True: At times, equipment could be damaged or compromised from a prior user. Implementing a procedure to inspect the equipment prior to use can help to avoid being charged for another company’s damage.
- False: There is not enough time for such an inspection.
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Question 3 of 5

3. Question
It is a good idea to review and approve shop drawings prior to a material fabricator procuring materials?
- True: If the shop drawings are incorrect, the Material Supplier can adjust them without worry of having procured materials that are incorrect. Your purchase order should clarify that procurement or fabrication ahead of Approved Shop Drawings is at the risk of your Material Supplier.
- False: Job schedules do not allow for such luxury.
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Question 4 of 5

4. Question
It is ok to receive an insurance certificate directly from your subcontractor?
- True: Just make sure you review it thoroughly for adequate coverage.
- False: You should obtain the certificate of insurance directly from your subcontractor’s insurance company. This assures that their insurance is still active.
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Question 5 of 5

5. Question
When managing a contract extra that you intend to be compensated for, it is a good idea to get the extra work started while you work out the details with the Owners Representative.
- True: This will assure you can maintain the project schedule.
- False: Unless necessary, you should wait for Owner Approval prior to performing the extra work.
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L5.0 Post Assessment Copy

L5.0 Post Assessment Copy

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