CLC Topic Review

Business Management.

Questions from this topic make up 6 to 7% of the exam
  1. Define common business terms.
  2. Define the scope of the Lead Carpenter work.
  3. Describe what constitutes the project's selling price.
  4. Describe the Lead Carpenter's impact on project profits.
  5. Describe the factors that control the cost of workers' comp insurance and the Lead Carpenter's role in keeping these rates low.
  6. Describe the Lead Carpenter concept and its benefits.
  7.  Describe the options available to the Lead Carpenter to obtain additional labor on the project.
  8. Describe the use of technology to assist the Lead Carpenter.