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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. 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)
Occupancy Phase
apparent Low Bidder
Technical Specifications
2. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Contingencies
Shop Drawings
Lien
Progress Meeting
3. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Estimated Final Cost
Completion Schedule
Bid
CM Services
4. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
apparent Low Bidder
Contingencies
Design-Build (D-B) Contractor
Contract Document Phase
5. 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.
As-Built Drawings
Fast-Track(ing)
Claim
Design Development Phase
6. 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.
RFP (Request For Proposal)
Fast-Track(ing)
Construction Schedule
Long-Lead Time
7. 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.
Contract Documents
Professional Liability Insurance
Contract Document Phase
Clerk-of-the-Work
8. 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.
Field Construction Manager
Direct Material Costs
Conditions of the Contract
Changed Conditions
9. 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.
CM Services
Progress Payment
Owner's Representative
Notice to Proceed
10. 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
Technical Specifications
Specifications
Estimated Cost to Complete
11. A firm or business organization with the expertise and resources to manage the design - contracting - and construction aspects of project delivery. Individuals who work for a CM Firm are also referred to as Construction Managers.
Approved Bidders List
Lump Sum Fee
Construction Manager
Milestone Schedule
12. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Commissioning
Guaranteed Maximum Price CM (GMPCM)
Contingencies
apparent Low Bidder
13. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Final Completion
RFP (Request For Proposal)
Budget Estimate
Design Development Phase
14. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Preliminary Design Phase
Approved Changes
apparent Low Bidder
Reimbursable Expense
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.
Long-Lead Items
Design-Build (D-B) Contracting
General Contractor
Bid Bond
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.
As-Built Drawings
Contract Administration
Lien
Guaranteed Maximum Price CM (GMPCM)
17. 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
RFP (Request For Proposal)
Bid Bond
Contract Documents
Schedule of Values
18. 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.
Fast-Track(ing)
Clerk-of-the-Work
Substantial Completion
Chart of Accounts
19. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Performance Bond
Final Completion
Construction Documents
Design-Build (D-B) Contractor
20. Selected strategic events of signal importance to progress used in the milestone schedule.
Milestone
Lien
Construction Manager
Labor and Material Bond
21. 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.
CM Services
Estimated Final Cost
Contingencies
Drawings
22. 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
Construction Documents
Conditions of the Contract
Project Manual
Labor and Material Bond
23. 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
Occupancy Phase
Checks and Balances
Project Budget
Field Construction Manager
24. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
CM Services
Bid Bond
Approved Changes
Owner's Representative
25. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Claim
Progress Payment
Bid
Notice to Proceed
26. 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.
Contract Administration
Guaranteed Maximum Price CM (GMPCM)
Owner's Representative
Project Budget
27. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Milestone Schedule
As-Built Drawings
Pre-design Phase
Preliminary Design Phase
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.
Project Budget
CM Services
Design-Build (D-B) Contractor
Bid Depository
29. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Direct Costs
Construction Schedule
Contingencies
Estimated Final Cost
30. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Notice to Proceed
Value Engineering
Labor and Material Bond
Schematic Design Phase
31. The designation used by engineers for the last portion of the design process prior to bidding.
Pre-design Phase
Sub-subcontractor
Final Design Phase
Final Completion
32. All required phases prior to the start of construction.
Preconstruction Phase
Superintendent
Contingencies
Superintendent
33. 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.
Long-Lead Time
Start-Up
Checks and Balances
Pre-design Phase
34. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Direct Material Costs
Direct Labor Costs
Budget Estimate
Estimated Final Cost
35. 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.
Bid
General Conditions (of the Contract for Construction)
Completion Schedule
Warranty
36. 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
Owner's Representative
Conditions of the Contract
Direct Material Costs
37. 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
apparent Low Bidder
Project Team
Critical Path(s)
Professional Liability Insurance
38. 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.
apparent Low Bidder
Life-Cycle Cost
Letter of Intent
Final Completion
39. 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
Project Manual
Notice to Proceed
Subcontractor
40. A contractor who has a contract with a subcontractor.
Professional Liability Insurance
Sub-subcontractor
Fast-Track(ing)
Notice to Proceed
41. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Final Completion
Bid
Approved Bidders List
Contract Documents
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.
Lump Sum Fee
Prime Contract
Changed Conditions
Completion Schedule
43. 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.
Sub-subcontractor
Budget Estimate
Project Budget
apparent Low Bidder
44. The time between the purchase date and delivery date of long-lead items.
Final Completion
Lump Sum Fee
Professional Liability Insurance
Project Meeting
45. 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
Owner's Representative
Project Manual
Construction Management
Project Meeting
46. A fixed dollar amount which includes all costs of services including overhead and profit.
Long-Lead Time
Value Engineering
Lump Sum Fee
Checks and Balances
47. 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.
Checks and Balances
Professional Liability Insurance
Critical Path(s)
Direct Material Costs
48. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Progress Payment
Clerk-of-the-Work
Notice of Award
Schematic Design Phase
49. 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.
Claim
apparent Low Bidder
Construction Management
Owner's Representative
50. A contract structure where both design and construction responsibility are vested in a single contractor.
Claim
Escrow Account
Design-Build (D-B) Contracting
Bid