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Test your basic knowledge |
Construction Management
Start Test
Study First
Subjects
:
industries
,
construction
,
business-skills
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. 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.
Claim
Reimbursable Expense
Notice of Award
Superintendent
2. A fixed dollar amount which includes all costs of services including overhead and profit.
Contract Document Phase
Performance Bond
Budget Estimate
Lump Sum Fee
3. 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
Approved Changes
Budget Estimate
Change Order
Bid Bond
4. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
CM Services
Design Development Phase
Progress Meeting
Letter of Intent
5. 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.
Construction Management
Substantial Completion
Specifications
Field Construction Manager
6. The time between the purchase date and delivery date of long-lead items.
Lump Sum Fee
Changed Conditions
Construction Schedule
Long-Lead Items
7. All required phases prior to the start of construction.
Preconstruction Phase
Approved Bidders List
Completion Schedule
Technical Specifications
8. Check: Letter of Intent; Notice to Proceed A letter from an owner to a contractor stating that a contract has been awarded to the contractor and a contract will be forthcoming.
RFP (Request For Proposal)
Notice of Award
Subcontractor
Contract Document Phase
9. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
General Conditions (of the Contract for Construction)
Warranty
Preliminary Design Phase
Design-Build (D-B) Contracting
10. Also: Construction Team; Check: Program Team Consists of the architect/engineer - construction manager - and owner - represented by their Level 1 - 2 - and 3 Persons - plus the designated leaders of contracted constructors.
Project Team
Preconstruction Phase
Project Meeting
Contingencies
11. 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.
Guaranteed Maximum Price CM (GMPCM)
Construction Documents
Completion Schedule
Progress Meeting
12. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Shop Drawings
Bid
Design-Build (D-B) Contractor
Bid
13. Also: Warranty/Guarantee Phase; Warranty Phase; Guarantee Phase A stipulated length of time following the construction phase - during which contractors are bonded to ensure that materials - equipment - and workmanship meet the requirements of their c
Special Conditions
Occupancy Phase
Direct Material Costs
Schedule of Values
14. 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.
Drawings
Pre-design Phase
Project Meeting
CM Services
15. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Progress Meeting
Clerk-of-the-Work
Commissioning
Approved Bidders List
16. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Construction Schedule
Lump Sum Fee
Letter of Intent
General Contractor
17. A contractor who has a contract with a prime contractor.
Owner's Representative
Long-Lead Time
Schedule of Values
Subcontractor
18. A meeting dedicated essentially to contractor performance and progress payments - involving supervisors from contractor home offices and the team's Level 2 and 3 Managers.
Life-Cycle Cost
Project Meeting
Letter of Intent
Guaranteed Maximum Price CM (GMPCM)
19. A contract structure where both design and construction responsibility are vested in a single contractor.
Checks and Balances
Prime Contract
Design-Build (D-B) Contracting
Changed Conditions
20. Check: Surety; Performance Bond A guarantee provided by a surety to pay claims against the owner from contractors and suppliers who have not been paid for labor - material - and equipment incorporated into the project.
Claim
Project Manual
Owner's Representative
Labor and Material Bond
21. Also: Occupancy Schedule A schedule of the activities and events required to effect occupancy or the use of a facility for its intended purpose. It is used to determine if construction progress will meet the occupancy date.
Prime Contract
Completion Schedule
Schedule of Values
Owner's Representative
22. Also: Account Codes; Codes of Accounts An alpha/numeric identification system for budget line items that ensures that project expenditures are properly debited/credited in the project budget as payments are made in behalf of the project.
Chart of Accounts
Contingencies
Superintendent
Subcontractor
23. 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
Bid Bond
Change Order
Labor and Material Bond
Estimated Final Cost
24. A schedule of milestones spanning from the start of construction to occupancy - used as the main measure of progress to keep the project on schedule.
Substantial Completion
Direct Material Costs
Milestone Schedule
Contingencies
25. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Shop Drawings
Bid Bond
Approved Changes
Letter of Intent
26. 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.
RFP (Request For Proposal)
Letter of Intent
Progress Meeting
Specifications
27. Also: Field CM; Level 3 Manager; Level 3 Person; Superintendent - Site Manager A person designated by the CM firm to interface with the owner's and A/E's representatives on the project team at the third management level. A person located at the site
Field Construction Manager
Estimated Final Cost
Budget Estimate
Contract Documents
28. A contractor who has a contract with a prime contractor.
Clerk-of-the-Work
Subcontractor
Final Completion
Chart of Accounts
29. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Record Drawings
Conditions of the Contract
Pre-design Phase
Lien
30. 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
Project Budget
Field Construction Manager
Pre-design Phase
Owner's Representative
31. 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.
Project Team
Approved Changes
CM Services
Field Construction Manager
32. A professional service that applies effective management techniques to the planning - design - and construction of a project form inception to completion for the purpose of controlling time - cost and quality. (As approved by CMAA) OR A project deliv
Construction Management
Budget Estimate
General Contractor
Preconstruction Phase
33. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
Preliminary Design Phase
Lump Sum Fee
Pre-design Phase
Warranty
34. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
Estimated Cost to Complete
RFP (Request For Proposal)
Specifications
35. Selected strategic events of signal importance to progress used in the milestone schedule.
Milestone
Warranty
Special Conditions
Clerk-of-the-Work
36. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
CM Services
Preliminary Design Phase
Shop Drawings
Substantial Completion
37. Also: Account Codes; Codes of Accounts An alpha/numeric identification system for budget line items that ensures that project expenditures are properly debited/credited in the project budget as payments are made in behalf of the project.
Chart of Accounts
Contract Administration
Labor and Material Bond
Letter of Intent
38. Also: Feasibility Phase The phase prior to the start of design.
Design-Build (D-B) Contractor
Warranty
apparent Low Bidder
Pre-design Phase
39. A meeting dedicated essentially to contractor performance and progress payments - involving supervisors from contractor home offices and the team's Level 2 and 3 Managers.
Superintendent
Project Meeting
Technical Specifications
Professional Liability Insurance
40. 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.
Construction Budget
Critical Path(s)
Bid Bond
Professional Liability Insurance
41. 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.
Completion Schedule
Approved Bidders List
Escrow Account
Life-Cycle Cost
42. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Approved Changes
Preliminary Design Phase
Value Engineering
Lump Sum Fee
43. 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
Construction Manager
Long-Lead Time
Progress Meeting
Critical Path(s)
44. The time between the purchase date and delivery date of long-lead items.
Long-Lead Time
Direct Material Costs
Change Order
Chart of Accounts
45. Also: Contract Modification The document that alters the contract amount - contract time - or contract requirements of the original contract entered into by the owner and a contractor.
Change Order
Lump Sum Fee
As-Built Drawings
Warranty
46. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Specifications
Shop Drawings
Schematic Design Phase
Milestone
47. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Lien
Start-Up
Letter of Intent
Long-Lead Time
48. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Performance Bond
Project Meeting
apparent Low Bidder
Design-Build (D-B) Contracting
49. An agreement by which a party accepts responsibility for fulfilling an obligation.
Contingencies
Guarantee
Commissioning
Estimated Final Cost
50. A fixed dollar amount which includes all costs of services including overhead and profit.
Progress Payment
Occupancy Phase
Milestone
Lump Sum Fee