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Test your basic knowledge |
Construction Management
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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. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
apparent Low Bidder
Special Conditions
Project Budget
Labor and Material Bond
2. 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.
Substantial Completion
Design Development Phase
General Conditions (of the Contract for Construction)
Specifications
3. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Schedule of Values
Shop Drawings
Value Engineering
Guarantee
4. 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)
Life-Cycle Cost
Critical Path(s)
Bid
5. 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
Claim
Labor and Material Bond
Project Budget
Commissioning
6. A contract held by an owner.
Estimated Final Cost
Prime Contract
Life-Cycle Cost
Progress Meeting
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.
Professional Liability Insurance
Milestone
Construction Manager
Letter of Intent
8. 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.
Substantial Completion
Superintendent
Notice to Proceed
Direct Costs
9. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Design-Build (D-B) Contractor
Lien
Lien
Schematic Design Phase
10. A contractor who has a contract with a subcontractor.
Project Manual
Long-Lead Time
Sub-subcontractor
Checks and Balances
11. 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.
Budget Estimate
Lump Sum Fee
Record Drawings
Project Manual
12. 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
Direct Labor Costs
Project Manual
Field Construction Manager
Contract Document Phase
13. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
CM Services
Contingencies
Life-Cycle Cost
Occupancy Phase
14. A person assigned to a project to represent the owner on the project team at one to the three management levels.
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15. 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.
Long-Lead Time
Contract Document Phase
Escrow Account
Design Development Phase
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.
As-Built Drawings
Warranty
Milestone Schedule
Commissioning
17. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Construction Management
Project Budget
Progress Payment
Bid
18. 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.
Direct Costs
RFP (Request For Proposal)
Professional Liability Insurance
Fast-Track(ing)
19. 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.
Critical Path(s)
Bid Bond
Notice to Proceed
Shop Drawings
20. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Chart of Accounts
Final Design Phase
RFP (Request For Proposal)
Construction Manager
21. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Long-Lead Time
Design-Build (D-B) Contracting
Superintendent
Reimbursable Expense
22. 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.
Notice to Proceed
Design-Build (D-B) Contracting
Long-Lead Items
Chart of Accounts
23. 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.
Pre-design Phase
Direct Labor Costs
Long-Lead Time
Design-Build (D-B) Contracting
24. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Conditions of the Contract
Life-Cycle Cost
Lump Sum Fee
Changed Conditions
25. 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.
Checks and Balances
Contract Documents
Change Order
Guaranteed Maximum Price CM (GMPCM)
26. See: Start-up; Beneficial Occupancy The process at or near construction completion when a facility is tried out (put into use) to see if it functions as designed. Usually applied to manufacturing type projects.
Commissioning
Project Manual
Bid Bond
Approved Changes
27. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
Checks and Balances
Warranty
Conditions of the Contract
Construction Manager
28. 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
Lump Sum Fee
Special Conditions
Checks and Balances
29. 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
Subcontractor
Long-Lead Items
Specifications
30. The time between the purchase date and delivery date of long-lead items.
Long-Lead Time
Notice of Award
Pre-design Phase
Construction Documents
31. 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
Design-Build (D-B) Contracting
Construction Budget
Occupancy Phase
Construction Management
32. 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.
Pre-design Phase
Specifications
Construction Manager
Checks and Balances
33. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Notice of Award
Design Development Phase
Lump Sum Fee
Estimated Final Cost
34. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Contract Documents
Lien
Approved Bidders List
Long-Lead Items
35. 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.
Notice to Proceed
Chart of Accounts
General Contractor
Contract Documents
36. 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.
Record Drawings
Start-Up
Construction Schedule
Guaranteed Maximum Price CM (GMPCM)
37. The time between the purchase date and delivery date of long-lead items.
Long-Lead Time
Completion Schedule
Occupancy Phase
Preliminary Design Phase
38. 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.
Chart of Accounts
CM Services
Design Development Phase
Shop Drawings
39. The designation used by engineers for the last portion of the design process prior to bidding.
Prime Contract
Construction Documents
Final Design Phase
Critical Path(s)
40. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Project Manual
Design-Build (D-B) Contracting
Lump Sum Fee
Checks and Balances
41. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Pre-design Phase
Progress Payment
Budget Estimate
Project Team
42. A contract held by an owner.
Fast-Track(ing)
Prime Contract
Special Conditions
Contract Administration
43. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Project Team
Final Completion
Direct Material Costs
Construction Manager
44. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Schematic Design Phase
Fast-Track(ing)
Value Engineering
Schedule of Values
45. Selected strategic events of signal importance to progress used in the milestone schedule.
Milestone
Progress Payment
Professional Liability Insurance
Progress Meeting
46. 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.
Chart of Accounts
Estimated Final Cost
Warranty
Technical Specifications
47. 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.
Progress Payment
Approved Changes
Completion Schedule
Guaranteed Maximum Price CM (GMPCM)
48. 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
Warranty
Project Meeting
Contract Administration
49. A fixed dollar amount which includes all costs of services including overhead and profit.
Lump Sum Fee
Final Design Phase
Project Budget
Guarantee
50. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
Estimated Cost to Complete
Checks and Balances
Warranty
Guaranteed Maximum Price CM (GMPCM)