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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. The target cost figure covering the construction phase of a project. It includes the cost of contracts with trade contractors - construction support items other purchased labor - material and equipment - and the construction manager's cost but not th






2. A contractor that provides design and construction services under a single responsibility contract to an owner .






3. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.






4. 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.






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






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. An agreement by which a party accepts responsibility for fulfilling an obligation.






8. Also: Reimbursable Charges to the owner covering costs for services that could not or intentionally were not quantified at the time the fee arrangement was made.






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 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






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






12. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .






13. 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.






14. 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.






15. An estimate of the cost still to be expended on a work-scope in order to complete it. The difference between the Cost to Date and the Estimated Final Cost.






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






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






18. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.






19. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.






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






21. 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






22. Check: As-Built Drawings A set of contract document drawings - marked up as construction proceeds - which show the exact location - geometry - and dimensions of all elements of the constructed project as installed.






23. 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.






24. The list of contractors that have survived prequalification tests.






25. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.






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






27. 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.






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






29. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.






30. Check: As-Built Drawings A set of contract document drawings - marked up as construction proceeds - which show the exact location - geometry - and dimensions of all elements of the constructed project as installed.






31. 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






32. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.






33. Check: Labor and Material Bond; Surety A guarantee provided by a surety to complete a project according to the terms of the contract documents in the event that the bonded contractor defaults on the contract or to pay the owner the face value of the






34. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.






35. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.






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






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






38. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .






39. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.






40. 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.






41. 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.






42. 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






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






44. 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.






45. 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.






46. 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.






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






48. 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.






49. Check: Labor and Material Bond; Surety A guarantee provided by a surety to complete a project according to the terms of the contract documents in the event that the bonded contractor defaults on the contract or to pay the owner the face value of the






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