Construction Management Practice Exam 2025 – Complete Study Guide

Question: 1 / 400

Which type of construction is most often publicly financed?

Industrial

Heavy engineering

The correct choice is heavy engineering, as it often involves large-scale infrastructure projects that are typically funded by public financing due to their significance to the community and the economy. These projects include roads, bridges, airports, railways, and water treatment facilities, which are crucial for public functionality and safety. Public funding is essential because such infrastructure often serves broader public interests and may not be financially viable through private funding alone.

In contrast, other types of construction like industrial, residential, and commercial projects tend to have significant portions of their financing coming from private sources. Residential construction is primarily driven by individual homebuyers or developers using personal and investor funds, while commercial construction is largely funded by private companies seeking to create buildings for businesses. Industrial projects may involve some partnership with public entities but often focus on private investment for construction and operation due to their specific operational goals.

Get further explanation with Examzify DeepDiveBeta

Residential

Commercial

Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy