Chapter 18 of 185% of exam

Nevada Project Management & Scheduling

Managing a schedule means knowing which activities actually drive the completion date. This chapter covers the critical path and float.

The critical path

The critical path is the longest chain of dependent activities through the project network. Because no other path is longer, it fixes the earliest the project can finish, and every activity on it has zero float, so any slip on a critical activity delays the whole project day for day.

Float on non-critical work

Activities that are not on the critical path carry float - the amount of time they can slip before they would delay completion. Float equals the difference between the critical path's duration and that chain's duration, so knowing the float tells a manager which delays are absorbed and which are not.

Keep going: the full Nevada Contractor Management Survey (CMS) guide covers every section of the exam. Nevada Contractor Management Survey (CMS) Business & Law — Study Guide (2026) — PDF + EPUB, $14.99 · 14-day refund →

State-specific details

State exam facts

Prelicensing education
Four years of relevant experience within the last fifteen years
Passing score
75%
Scored questions
60
Time limit
120 minutes
Does Nevada require a state contractor license?

Yes. The Nevada State Contractors Board (NSCB) licenses contractors under NRS/NAC Chapter 624, using Class A (Engineering), Class B (Building), and Class C (specialty). The Board sets a monetary limit on each license, and the financial statement an applicant files depends on the limit sought (NAC 624.593): for $1,000,000 or more it must be reviewed or audited by a CPA.

What is on the Nevada Contractor Management Survey (CMS) exam?

The CMS Business & Law exam has 60 scored questions plus 3 unscored, runs 120 minutes plus 6 for the unscored questions, and requires 45 correct (75%) to pass. It is open book, and the only reference allowed is the Construction Business and Law Manual for Nevada. Applicants must show four years of relevant experience within the last fifteen years. A separate trade exam for the license classification is also required.

How does Nevada protect residential customers?

Nevada maintains a Residential Recovery Fund, and under NRS 108.245 a Notice of Right to Lien may be given at any time after first furnishing, but the lien then reaches only the 31 days before the notice and what follows. Nevada has no personal or corporate income tax but does impose the Modified Business Tax.

Sources: https://www.nvcontractorsboard.com, https://test-takers.psiexams.com/api/content/bulletin/296

Studying in order?

Practice stays free. The full Nevada Contractor Management Survey (CMS) study guide is the material itself, taught start to finish — a downloadable PDF + EPUB you keep.

Get the book — $14.99