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Construction Management

Instructions:
  • Answer 50 questions in 15 minutes.
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  • Match each statement with the correct term.
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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 meeting dedicated essentially to contractor performance and progress payments - involving supervisors from contractor home offices and the team's Level 2 and 3 Managers.






2. 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.






3. 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.






4. A contractor who has a contract with a prime contractor.






5. The documents which collectively form the contract between the contractor and the owner. They consist of the bidding documents less bidding information plus pre-award addenda and post-award Change Orders.






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






7. Also: Feasibility Phase The phase prior to the start of design.






8. 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.






9. 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.






10. 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.






11. 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.






12. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).






13. 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.






14. 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.






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. 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.






17. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.






18. 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.






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






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






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






22. 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.






23. 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






24. 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.






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






26. 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






27. 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.






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






29. 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.






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






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






32. 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






33. 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.






34. 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.






35. 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.






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






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






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






39. 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.






40. 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.






41. 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.






42. 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.






43. 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.






44. 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.






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






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






47. 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.






48. 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.






49. 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.






50. 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.







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