Discuss AGA CGFM Exam Topic 3 Question 39

The feasibility study assures investors and rating agencies necessary and fiscally sound. Consulting engineers are compensated in following ways:

AA lump-sum payment when a project is clearly defined

BCost-plus-fixed-fee basis when a project is not

CA percentage of construction costs, the percentage being based on a scale of civil engineers

DAll of these

Suggested Answer: D

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16 comments · newest first

Matt 11 months ago

Definitely all of these, it’s standard practice in the industry.

Vivienne 11 months ago

I thought it was just lump-sum or cost-plus, interesting!

Fidelia 11 months ago

Wait, are all those payment methods really common?

Kallie 11 months ago

Totally agree, all those methods make sense!

Glory 11 months ago

Engineers get paid in different ways based on project clarity.

Jaleesa 12 months ago

I’m leaning towards option D, but I’m a bit confused about the percentage of construction costs—does that really vary by engineer scale?

Micheline 12 months ago

I feel like I've seen a question similar to this before, and I think all the options could be valid depending on the project type.

Chauncey 12 months ago

I think the cost-plus-fixed-fee method applies when projects are uncertain, but I can't recall if that's the best option overall.

Christiane 1 year ago

I remember discussing how lump-sum payments are common for clearly defined projects, but I'm not sure if that's the only way engineers get paid.

Xochitl 1 year ago

I've got a good feeling about this question. The options seem pretty clear, and I think I can eliminate a couple of them right away based on my understanding of how consulting engineers are typically paid.

Holley 1 year ago

Okay, let's think this through step-by-step. The question is asking about the ways consulting engineers are compensated, and it gives us four options to choose from. I'll need to evaluate each one to determine the best answer.

Haley 1 year ago

Hmm, I'm a bit confused by the wording of the question. I'll need to read through it carefully to make sure I understand the different compensation methods.

Johana 1 year ago

This seems like a straightforward question about how consulting engineers are compensated. I think I can handle this one.

Filiberto 1 year ago

I'm a little confused by this question. The solution just links to the Okta support website, but it doesn't explicitly say that this is where Okta Administrators should submit cases. I'll have to read through the question and solution more carefully before answering.

Tegan 1 year ago

I'm a bit confused about the CMX grouping and virtual server setup. I'll need to review that part of the question again to make sure I understand the full context.

Ryan 1 year ago

Ah, I remember learning about Amazon EBS in class. I think option D, Elastic Block Store, is the correct answer.

AGA CGFM Exam - Topic 3 Question 39 Discussion