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Construction Management

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. See: Front-End Specifications The part of the contract that prescribes the rights - responsibilities - and relationships of the parties signing the agreement and outlines the administration of the contract for construction.






2. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.






3. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.






4. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.






5. Also: As Builts; Check: Record Drawings Drawings produced during or after construction and amended to show the exact location - geometry - and dimensions of the constructed project. As-Built Drawings are not the same as Record Drawings.






6. Also: Detailed Construction Schedule A graphic - tabular or narrative representation or depiction of the construction portion of the project- delivery process - showing activities and durations or activities in sequential order.






7. Also: Errors and Omissions Insurance Insurance provided by design professionals and construction managers that protects the owner against the financial results of negligent acts by the insured.






8. Also: Concealed Conditions; Latent Conditions Conditions or circumstances - physical or otherwise - which surface after a contract has been signed and which alter the circumstances or conditions on which the contract is based.






9. Check: Notice of Award; Letter of Intent A notice from an owner directing a contractor to begin work on a contract - subject to specific stated conditions.






10. The costs directly attributed to a work-scope - such as labor - material - equipment - and subcontracts but not he cost of operations overhead and the labor - material - equipment - and subcontracts expended in support of the undertaking.






11. A firm or business organization with the expertise and resources to manage the design - contracting - and construction aspects of project delivery. Individuals who work for a CM Firm are also referred to as Construction Managers.






12. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.






13. The second request for uniform detailed information from prospective CM practitioners being screened for a project.






14. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.






15. Material and equipment required for construction which have delivery dates too far in the future to be included in a contractor's contract at bid time. They are pre-purchased directly by the owner.






16. Also: As Builts; Check: Record Drawings Drawings produced during or after construction and amended to show the exact location - geometry - and dimensions of the constructed project. As-Built Drawings are not the same as Record Drawings.






17. A pledge from a third party (usually a surety company) to pay liquidated damages to the owner to the extent of the difference between the bonded contractor bid and the next highest bidder but not to exceed the face value of the bond; if the bonded co






18. The date on which a contractor reaches a point of completion - when subsequent interfacing contractors can productively begin work or the owner can occupy the project - in whole or in part - without undo interference.






19. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.






20. Selected strategic events of signal importance to progress used in the milestone schedule.






21. An estimate of the final cost of a work item based on its Cost to Date and the estimated cost to complete it. The sum of the Cost to Date and the Estimated Cost to Complete.






22. Check: CM Project Manual Written information that augments the drawings. The Project Manual contains the General Conditions - Supplementary and Special Conditions - the Form of Contract - Addenda - Change Orders - Bidding Information and Proposal For






23. The target cost of the project established by the owner and agreed to be achievable by the team. The Project Budget usually includes the cost of construction and the CM fee - plus any other line-item costs (land - legal fees - interest - design fees






24. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.






25. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.






26. A form of the CM system where the construction manager guarantees - in addition to providing ACM services - a ceiling price to the owner for the cost of construction.






27. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.






28. A physical location where trade contractor proposals are fled the day before general contractor bids are to be received by an owner for pickup - opening - acceptance - or rejection by general contractors bidding the owner's project.






29. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.






30. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.






31. The designation used by engineers for the last portion of the design process prior to bidding.






32. All required phases prior to the start of construction.






33. Check: Commissioning; Beneficial Occupancy The period prior to owner occupancy when mechanical - electrical - and other systems are activated and the owner's operating and maintenance staff are instructed in their use.






34. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.






35. See: Front-End Specifications The part of the contract that prescribes the rights - responsibilities - and relationships of the parties signing the agreement and outlines the administration of the contract for construction.






36. Money put into the custody of the third party by the first party for disbursement tot the second party. A brief temporary depository for progress payments until authorized for release according to the depositor's explicit instructions.






37. The continuous chain(s) of activities from project-start to project-finish - whose durations cannot be exceeded if the project is to be completed on the project-finish date. A sequence of activities that collectively require the longest duration to c






38. Check: Notice of Award; Notice to Proceed A notice from an owner to a contractor stating that a contract will be awarded to the contractor providing certain events occur or specific conditions are met by the contractor.






39. The scope of services provided by a construction manager and available to owners in whole or in part. CM services are not consistent in scope or performance from one CM firm to another.






40. A contractor who has a contract with a subcontractor.






41. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.






42. Also: Concealed Conditions; Latent Conditions Conditions or circumstances - physical or otherwise - which surface after a contract has been signed and which alter the circumstances or conditions on which the contract is based.






43. An estimate of cost based on rough or incomplete information - with a stated degree of accuracy. The more information available - the more accurate the estimate. Loosely called a 'ballpark' estimate.






44. The time between the purchase date and delivery date of long-lead items.






45. Check: CM Project Manual Written information that augments the drawings. The Project Manual contains the General Conditions - Supplementary and Special Conditions - the Form of Contract - Addenda - Change Orders - Bidding Information and Proposal For






46. A fixed dollar amount which includes all costs of services including overhead and profit.






47. Also: Errors and Omissions Insurance Insurance provided by design professionals and construction managers that protects the owner against the financial results of negligent acts by the insured.






48. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.






49. A formal notice sent by a contractor to an owner asserting the fact that the terms of the contract have been breached and compensation is being sought by the contractor from the owner.






50. A contract structure where both design and construction responsibility are vested in a single contractor.