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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. An agreement by which a party accepts responsibility for fulfilling an obligation.
Final Design Phase
Clerk-of-the-Work
Bid
Guarantee
2. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Contingencies
Professional Liability Insurance
Fast-Track(ing)
Conditions of the Contract
3. 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.
Direct Costs
Project Team
Professional Liability Insurance
General Conditions (of the Contract for Construction)
4. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Critical Path(s)
Guaranteed Maximum Price CM (GMPCM)
Specifications
Lien
5. All required phases prior to the start of construction.
Long-Lead Items
Lien
Escrow Account
Preconstruction Phase
6. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Design-Build (D-B) Contracting
Labor and Material Bond
Contract Administration
Critical Path(s)
7. 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.
Specifications
Direct Material Costs
Construction Schedule
Contract Documents
8. 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.
Bid Bond
Start-Up
Performance Bond
Notice to Proceed
9. 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.
Technical Specifications
Shop Drawings
Changed Conditions
Change Order
10. 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.
Bid Depository
Estimated Cost to Complete
Subcontractor
Milestone Schedule
11. 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.
Chart of Accounts
General Contractor
Notice of Award
General Conditions (of the Contract for Construction)
12. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Technical Specifications
Critical Path(s)
CM Services
13. The breakdown of a lump sum price into sub-items and sub-costs for identifiable construction elements - which can be evaluated by examination for contractor progress payment purposes.
Record Drawings
Preconstruction Phase
Schedule of Values
Lump Sum Fee
14. 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
Critical Path(s)
Direct Labor Costs
Construction Documents
Long-Lead Items
15. 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.
Technical Specifications
Estimated Final Cost
Record Drawings
CM Services
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.
General Contractor
General Conditions (of the Contract for Construction)
Bid
As-Built Drawings
17. A fixed dollar amount which includes all costs of services including overhead and profit.
Lump Sum Fee
Letter of Intent
Value Engineering
Checks and Balances
18. 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
Guaranteed Maximum Price CM (GMPCM)
Field Construction Manager
19. 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 Management
Schematic Design Phase
Occupancy Phase
Professional Liability Insurance
20. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Record Drawings
Bid
Pre-design Phase
Drawings
21. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Progress Meeting
Construction Schedule
Contract Document Phase
Changed Conditions
22. 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
Reimbursable Expense
Start-Up
Guaranteed Maximum Price CM (GMPCM)
23. 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
General Contractor
Estimated Cost to Complete
24. The time between the purchase date and delivery date of long-lead items.
Long-Lead Time
Milestone Schedule
Final Design Phase
Superintendent
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.
Guaranteed Maximum Price CM (GMPCM)
Warranty
Drawings
Change Order
26. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Progress Payment
Approved Bidders List
Long-Lead Items
Professional Liability Insurance
27. Also: Feasibility Phase The phase prior to the start of design.
Preliminary Design Phase
Pre-design Phase
Change Order
Owner's Representative
28. The list of contractors that have survived prequalification tests.
Field Construction Manager
Change Order
Chart of Accounts
Approved Bidders List
29. 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.
Sub-subcontractor
Start-Up
Guaranteed Maximum Price CM (GMPCM)
Performance Bond
30. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
RFP (Request For Proposal)
Owner's Representative
Change Order
apparent Low Bidder
31. 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.
Budget Estimate
Bid
Change Order
Technical Specifications
32. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Contract Administration
Budget Estimate
Performance Bond
Checks and Balances
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.
Warranty
Contract Administration
As-Built Drawings
Direct Costs
34. 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.
Sub-subcontractor
Contract Administration
Construction Schedule
Technical Specifications
35. 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
Special Conditions
Commissioning
Construction Schedule
36. 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.
Subcontractor
Notice of Award
Project Team
Claim
37. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Progress Meeting
Life-Cycle Cost
Preliminary Design Phase
Contract Document Phase
38. 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 Manager
Milestone Schedule
Direct Material Costs
Professional Liability Insurance
39. 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.
Escrow Account
Guarantee
RFP (Request For Proposal)
Direct Costs
40. 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.
Final Completion
Schematic Design Phase
Reimbursable Expense
Progress Payment
41. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Direct Costs
Estimated Final Cost
RFP (Request For Proposal)
42. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Technical Specifications
Occupancy Phase
Escrow Account
Bid Depository
43. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Final Design Phase
Construction Documents
Technical Specifications
Guarantee
44. A contract held by an owner.
Approved Changes
Prime Contract
Field Construction Manager
Checks and Balances
45. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Technical Specifications
Schematic Design Phase
Commissioning
Superintendent
46. 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
Final Completion
Value Engineering
Owner's Representative
Bid Bond
47. The breakdown of a lump sum price into sub-items and sub-costs for identifiable construction elements - which can be evaluated by examination for contractor progress payment purposes.
Reimbursable Expense
Progress Meeting
Schedule of Values
Estimated Cost to Complete
48. 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.
Schematic Design Phase
Project Budget
Chart of Accounts
Progress Meeting
49. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
General Contractor
Owner's Representative
Field Construction Manager
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.
Final Completion
Design Development Phase
Field Construction Manager
Notice of Award