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






2. 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.






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






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






5. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.






6. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.






7. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.






8. 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.






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






10. A technical review process; the close matching of engineering design to the value an owner derives from the design.






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






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






13. 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.






14. 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






15. 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






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






17. 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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18. 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.






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






20. 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.






21. 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.






22. 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






23. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.






24. 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.






25. 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.






26. 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.






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






28. 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.






29. 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.






30. 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.






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






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. 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.






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






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






36. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.






37. 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.






38. 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.






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






40. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.






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






42. 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.






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






44. 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.






45. 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.






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






47. A contractor who has a contract with a subcontractor.






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






49. An individual employed by an owner to represent him on a project at the site of the work. The clerk-of- the-work's abilities - credentials - and responsibilities vary at the discretion of the owner.






50. 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.






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