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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. The time between the purchase date and delivery date of long-lead items.
Commissioning
Lump Sum Fee
Design Development Phase
Life-Cycle Cost
2. All required phases prior to the start of construction.
Commissioning
RFP (Request For Proposal)
Preconstruction Phase
Warranty
3. 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
Project Budget
Project Team
Progress Meeting
Project Team
4. The time between the purchase date and delivery date of long-lead items.
Notice of Award
Owner's Representative
Lump Sum Fee
Contingencies
5. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Schedule of Values
Specifications
Design-Build (D-B) Contractor
Reimbursable Expense
6. 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
Reimbursable Expense
Drawings
Change Order
Project Manual
7. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Escrow Account
Final Design Phase
Letter of Intent
General Contractor
8. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Contract Administration
Construction Documents
Escrow Account
Project Team
9. 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.
Completion Schedule
Design-Build (D-B) Contractor
Fast-Track(ing)
Contract Documents
10. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
As-Built Drawings
Technical Specifications
Approved Bidders List
Professional Liability Insurance
11. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Field Construction Manager
Substantial Completion
RFP (Request For Proposal)
Direct Costs
12. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Progress Payment
As-Built Drawings
Life-Cycle Cost
Preliminary Design Phase
13. The process of designing portions of a project while portions already designed are under construction. A series of controlled design-build sequences that collectively constitute a complete project.
Approved Changes
Fast-Track(ing)
Escrow Account
Progress Meeting
14. 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
Project Team
Construction Schedule
Approved Bidders List
15. 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
Design Development Phase
Notice of Award
Performance Bond
Final Design Phase
16. 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.
Construction Budget
Direct Material Costs
Contract Documents
Notice to Proceed
17. 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.
Notice of Award
Lump Sum Fee
Pre-design Phase
Claim
18. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Performance Bond
Project Manual
Technical Specifications
Contract Administration
19. 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.
Notice of Award
Contract Administration
Fast-Track(ing)
Budget Estimate
20. 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.
Subcontractor
CM Services
Professional Liability Insurance
Checks and Balances
21. 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
Sub-subcontractor
Lump Sum Fee
Bid Bond
Claim
22. 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.
Design-Build (D-B) Contracting
Occupancy Phase
Bid Depository
Estimated Cost to Complete
23. 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.
Letter of Intent
Schedule of Values
Contract Documents
Design Development Phase
24. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Construction Budget
General Contractor
Performance Bond
Estimated Cost to Complete
25. 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.
Owner's Representative
Project Meeting
Specifications
CM Services
26. 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
Project Team
Direct Material Costs
Project Manual
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.
Reimbursable Expense
Life-Cycle Cost
Long-Lead Time
Start-Up
28. 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.
Value Engineering
Special Conditions
Prime Contract
Chart of Accounts
29. 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.
Progress Payment
Claim
Professional Liability Insurance
Warranty
30. The time between the purchase date and delivery date of long-lead items.
Approved Changes
Final Completion
Long-Lead Time
Milestone
31. 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.
Prime Contract
Commissioning
Value Engineering
Claim
32. 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
Start-Up
Clerk-of-the-Work
Drawings
33. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Project Manual
Construction Documents
Project Team
Bid
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.
Lump Sum Fee
Subcontractor
apparent Low Bidder
Milestone Schedule
35. A contractor that provides design and construction services under a single responsibility contract to an owner .
General Conditions (of the Contract for Construction)
Design-Build (D-B) Contractor
Subcontractor
Completion Schedule
36. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Final Completion
Design Development Phase
Approved Bidders List
Progress Meeting
37. 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.
CM Services
Change Order
Schedule of Values
Checks and Balances
38. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
CM Services
Commissioning
Approved Changes
General Contractor
39. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Progress Payment
Final Completion
Preconstruction Phase
Life-Cycle Cost
40. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Final Completion
Occupancy Phase
Owner's Representative
Guarantee
41. A contractor that provides design and construction services under a single responsibility contract to an owner .
Project Team
Preliminary Design Phase
Design-Build (D-B) Contractor
Subcontractor
42. 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.
Completion Schedule
Changed Conditions
Guarantee
Guaranteed Maximum Price CM (GMPCM)
43. The designation used by engineers for the last portion of the design process prior to bidding.
Estimated Cost to Complete
Final Design Phase
Contract Documents
Construction Management
44. 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.
Field Construction Manager
Professional Liability Insurance
Value Engineering
Direct Labor Costs
45. 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.
Chart of Accounts
Clerk-of-the-Work
Letter of Intent
Record Drawings
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.
Construction Documents
Approved Changes
Subcontractor
Direct Costs
47. A contract held by an owner.
Budget Estimate
Prime Contract
Labor and Material Bond
Claim
48. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Lien
Budget Estimate
Specifications
Fast-Track(ing)
49. 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.
Guarantee
Project Team
Estimated Cost to Complete
Technical Specifications
50. 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
Field Construction Manager
Critical Path(s)
Approved Bidders List
Contract Document Phase