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Construction Management
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Subjects
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industries
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construction
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business-skills
Instructions:
Answer 50 questions in 15 minutes.
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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. 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
Performance Bond
Professional Liability Insurance
General Contractor
Labor and Material Bond
2. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Fast-Track(ing)
Reimbursable Expense
Progress Meeting
Superintendent
3. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Estimated Final Cost
Contract Document Phase
Special Conditions
Project Meeting
4. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Contingencies
General Contractor
Fast-Track(ing)
Pre-design Phase
5. 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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6. 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.
Final Completion
Construction Schedule
As-Built Drawings
Direct Labor Costs
7. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Final Design Phase
Final Completion
Long-Lead Items
Progress Payment
8. 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.
Changed Conditions
Critical Path(s)
Chart of Accounts
Labor and Material Bond
9. 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.
apparent Low Bidder
Direct Costs
Lump Sum Fee
Schedule of Values
10. 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
Technical Specifications
Final Completion
Budget Estimate
Construction Management
11. Selected strategic events of signal importance to progress used in the milestone schedule.
Project Budget
Milestone
Chart of Accounts
Letter of Intent
12. 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
Commissioning
Bid
Approved Bidders List
13. 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.
Lien
Professional Liability Insurance
Notice to Proceed
Subcontractor
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.
CM Services
Design-Build (D-B) Contractor
Special Conditions
Approved Bidders List
15. 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
Critical Path(s)
Change Order
Field Construction Manager
Occupancy Phase
16. 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
Long-Lead Time
apparent Low Bidder
Superintendent
Project Budget
17. 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.
Design-Build (D-B) Contractor
Professional Liability Insurance
Changed Conditions
Construction Documents
18. 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)
Long-Lead Items
Clerk-of-the-Work
Final Design Phase
19. 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
Chart of Accounts
Notice to Proceed
Changed Conditions
20. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Chart of Accounts
Project Meeting
Progress Meeting
Claim
21. 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.
Construction Schedule
Direct Costs
Direct Labor Costs
Specifications
22. 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.
Preliminary Design Phase
Bid Bond
Milestone Schedule
Checks and Balances
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.
General Conditions (of the Contract for Construction)
Warranty
Construction Documents
Owner's Representative
24. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Life-Cycle Cost
Specifications
Pre-design Phase
Owner's Representative
25. A contract held by an owner.
Prime Contract
Commissioning
Direct Costs
Guarantee
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.
Design-Build (D-B) Contractor
Letter of Intent
Specifications
Record Drawings
27. 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
Drawings
Milestone
Occupancy Phase
Construction Management
28. 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.
Record Drawings
Professional Liability Insurance
Bid
Claim
29. 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.
Design Development Phase
Notice of Award
Schedule of Values
Budget Estimate
30. 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
Letter of Intent
Notice of Award
Prime Contract
31. An agreement by which a party accepts responsibility for fulfilling an obligation.
Drawings
Guarantee
Guaranteed Maximum Price CM (GMPCM)
Subcontractor
32. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Guarantee
Drawings
Escrow Account
Milestone Schedule
33. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Escrow Account
Lien
Labor and Material Bond
Conditions of the Contract
34. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Clerk-of-the-Work
Schematic Design Phase
Lump Sum Fee
Contract Document Phase
35. 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.
CM Services
Prime Contract
Design-Build (D-B) Contractor
Start-Up
36. 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.
Project Meeting
Reimbursable Expense
Design-Build (D-B) Contractor
Subcontractor
37. 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.
Pre-design Phase
Labor and Material Bond
Approved Bidders List
Project Team
38. 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
Shop Drawings
Construction Budget
Direct Labor Costs
Bid
39. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Design-Build (D-B) Contracting
Checks and Balances
Specifications
Bid Bond
40. 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.
Estimated Cost to Complete
Completion Schedule
Life-Cycle Cost
Record Drawings
41. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Claim
Guaranteed Maximum Price CM (GMPCM)
Preliminary Design Phase
Lien
42. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Drawings
Project Manual
Direct Material Costs
Notice to Proceed
43. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Contingencies
Milestone Schedule
Preliminary Design Phase
Clerk-of-the-Work
44. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Bid Bond
Contract Administration
Special Conditions
Field Construction Manager
45. 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.
Direct Labor Costs
General Contractor
Completion Schedule
Milestone
46. 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 Labor Costs
Letter of Intent
apparent Low Bidder
Record Drawings
47. 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
Project Budget
Checks and Balances
Construction Budget
48. 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
Guarantee
Long-Lead Items
Final Design Phase
Bid Bond
49. 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.
Milestone Schedule
Final Completion
Contract Documents
Schedule of Values
50. The time between the purchase date and delivery date of long-lead items.
Subcontractor
Shop Drawings
apparent Low Bidder
Long-Lead Time
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