Quiz

Which of the following project delivery methods may increase the degree of risk for architects?

Design-build

What is the recommended approach for architects when selecting subconsultants?

Carefully consider each subconsultant

What is the recommended standard form of contract between an architect and a consultant?

RAIC Document Nine

What should architects pay particular attention to when entering into agreements with subconsultants?

Insurance requirements and limitations of liability provisions Signup and view all the answers

Which of the following best describes the concept of risk in project management?

An uncertain event or condition that has a positive or negative effect on a project’s objectives. Signup and view all the answers

Which of the following is true about the management of risk?

Risk requires the identification of potential risks and the decision to assume or transfer them. Signup and view all the answers

What does the text suggest about the relationship between inaction and risk?

Inaction can sometimes be riskier than action. Signup and view all the answers

Which of the following is an example of a risk that other parties may try to transfer to the architect?

Responsibility for liquidated damages Signup and view all the answers

What is the purpose of a limitation of liability clause in a client-architect agreement?

To limit the architect's liability to a specific dollar amount Signup and view all the answers

What are examples of unacceptable terms that a client may try to insert in a standard of care clause?

'Highest', 'first class', and 'best' Signup and view all the answers

Which of the following is NOT a step in a comprehensive risk management strategy?

Development of a plan to respond to risk Signup and view all the answers

What is the purpose of a GO/NO GO checklist in the risk analysis process?

To identify potential threats involved in pursuing an opportunity Signup and view all the answers

Why is evaluating a prospective client before accepting a commission important?

To reduce significant business risk Signup and view all the answers

Which of the following is mentioned as a potentially higher-risk project in terms of professional liability claims against architects?

Residential condominiums Signup and view all the answers

Which of the following is NOT recommended as part of the architect's due diligence during the life of a project?

Retaining consultants responsible for the investigation of existing assets or conditions Signup and view all the answers

What should an architect do if the proposed contract terms represent a marked departure from association-sanctioned agreements?

All of the above Signup and view all the answers

When may an architect be asked to enter into a separate confidentiality and non-disclosure agreement (NDA) during the proposal stage?

When the client wants to maintain confidentiality about project details Signup and view all the answers

What is a potential disadvantage of having a project manager in place as the owner's authorized representative?

Loss of direct communication with the client Signup and view all the answers

According to the text, which of the following is NOT a reason for an architect to have a clear scope of service in their agreement with the client?

To ensure the client understands the architect's design documents Signup and view all the answers

Which of the following is NOT a potential risk associated with the involvement of a third-party project manager?

Increased cost and schedule savings Signup and view all the answers

According to the text, which of the following is NOT recommended when it comes to client-architect agreements?

Using verbal agreements Signup and view all the answers

According to the text, what is one of the best ways of minimizing risk in client-architect agreements?

Spending time with the client at the outset Signup and view all the answers

Which of the following is a potential risk for an architect when entering into an agreement with a corporate or institutional client?

The client may prefer to use their own standard agreement forms Signup and view all the answers

What does the term 'indemnify' mean in the context of an architect-client agreement?

To reimburse the client for any loss Signup and view all the answers

Why should an architect avoid signing lender-prepared documents during the life of a project?

The documents may include certifications and warranties that are excluded from coverage under professional liability insurance Signup and view all the answers

What should an architect insist on when it comes to copyright and ownership of documents in an agreement?

Retaining copyright and ownership of documents Signup and view all the answers