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AGA CGFM Exam - Topic 3 Question 39 Discussion

The feasibility study assures investors and rating agencies necessary and fiscally sound. Consulting engineers are compensated in following ways:
D) All of these
A) A lump-sum payment when a project is clearly defined
B) Cost-plus-fixed-fee basis when a project is not
C) A percentage of construction costs, the percentage being based on a scale of civil engineers

AGA CGFM Exam - Topic 3 Question 39 Discussion

Actual exam question for AGA's CGFM exam
Question #: 39
Topic #: 3
[All CGFM Questions]

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

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Suggested Answer: D

by Sheron at Jan 28, 2024, 05:20 AM

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Matt
8 months ago
Definitely all of these, it’s standard practice in the industry.
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Vivienne
8 months ago
I thought it was just lump-sum or cost-plus, interesting!
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Fidelia
8 months ago
Wait, are all those payment methods really common?
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Kallie
8 months ago
Totally agree, all those methods make sense!
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Glory
8 months ago
Engineers get paid in different ways based on project clarity.
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Jaleesa
9 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?
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Micheline
9 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.
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Chauncey
9 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.
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Christiane
9 months 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.
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Xochitl
9 months 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.
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Holley
9 months 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.
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Haley
9 months 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.
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Johana
9 months ago
This seems like a straightforward question about how consulting engineers are compensated. I think I can handle this one.
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Filiberto
9 months 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.
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Tegan
9 months 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.
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Ryan
10 months ago
Ah, I remember learning about Amazon EBS in class. I think option D, Elastic Block Store, is the correct answer.
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