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Construction Management
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Subjects
:
industries
,
construction
,
business-skills
Instructions:
Answer 50 questions in 15 minutes.
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study here
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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. A contract held by an owner.
Claim
Sub-subcontractor
Prime Contract
Estimated Final Cost
2. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Shop Drawings
Long-Lead Time
Milestone
Contract Document Phase
3. 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.
Construction Budget
Changed Conditions
Changed Conditions
Start-Up
4. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Special Conditions
Value Engineering
Preconstruction Phase
Approved Changes
5. 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 Administration
Letter of Intent
Critical Path(s)
Professional Liability Insurance
6. 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.
Project Budget
Value Engineering
Notice of Award
Budget Estimate
7. 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.
Bid
Preconstruction Phase
Construction Manager
Substantial Completion
8. 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
Sub-subcontractor
Critical Path(s)
Completion Schedule
Construction Management
9. 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.
Progress Payment
Final Design Phase
Estimated Cost to Complete
Construction Documents
10. 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
Notice of Award
Critical Path(s)
11. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Contract Administration
CM Services
Construction Budget
Lump Sum Fee
12. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Technical Specifications
CM Services
Field Construction Manager
Sub-subcontractor
13. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Schematic Design Phase
Approved Bidders List
Performance Bond
Completion Schedule
14. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Subcontractor
Drawings
Long-Lead Time
15. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Construction Documents
Project Manual
Labor and Material Bond
Life-Cycle Cost
16. The time between the purchase date and delivery date of long-lead items.
Subcontractor
Design-Build (D-B) Contracting
Lump Sum Fee
apparent Low Bidder
17. 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.
Project Meeting
Checks and Balances
Milestone Schedule
Superintendent
18. 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.
Direct Material Costs
Final Completion
Changed Conditions
Preconstruction Phase
19. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Critical Path(s)
Final Completion
Subcontractor
20. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Schematic Design Phase
Contract Document Phase
Construction Documents
Estimated Final Cost
21. 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.
Direct Costs
Labor and Material Bond
Bid Depository
Completion Schedule
22. 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.
Subcontractor
Schedule of Values
Escrow Account
Commissioning
23. 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.
Direct Costs
Long-Lead Items
Schematic Design Phase
Substantial Completion
24. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Superintendent
Subcontractor
Labor and Material Bond
Conditions of the Contract
25. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Final Completion
Direct Material Costs
Preconstruction Phase
Guarantee
26. All required phases prior to the start of construction.
Preconstruction Phase
Bid Depository
Guarantee
Professional Liability Insurance
27. 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.
Drawings
Reimbursable Expense
As-Built Drawings
Letter of Intent
28. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Completion Schedule
Shop Drawings
As-Built Drawings
Fast-Track(ing)
29. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
CM Services
RFP (Request For Proposal)
Direct Labor Costs
Reimbursable Expense
30. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Change Order
Milestone Schedule
Budget Estimate
Progress Meeting
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.
Approved Changes
Design-Build (D-B) Contracting
Clerk-of-the-Work
Commissioning
32. 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
Occupancy Phase
Long-Lead Time
Guaranteed Maximum Price CM (GMPCM)
Estimated Final Cost
33. 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
Long-Lead Items
Substantial Completion
Budget Estimate
34. 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.
Contract Administration
Construction Schedule
Substantial Completion
Shop Drawings
35. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Bid Depository
Shop Drawings
Contingencies
Warranty
36. 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.
Value Engineering
Superintendent
Record Drawings
Guarantee
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.
Final Design Phase
Estimated Final Cost
RFP (Request For Proposal)
Schedule of Values
38. The list of contractors that have survived prequalification tests.
Long-Lead Items
Owner's Representative
Approved Bidders List
Preconstruction Phase
39. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Bid
Approved Bidders List
Lump Sum Fee
Contract Documents
40. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Labor and Material Bond
Design Development Phase
Guaranteed Maximum Price CM (GMPCM)
Schematic Design Phase
41. 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.
Fast-Track(ing)
Completion Schedule
Project Team
Specifications
42. All required phases prior to the start of construction.
Direct Labor Costs
Final Design Phase
Direct Material Costs
Preconstruction Phase
43. Also: Feasibility Phase The phase prior to the start of design.
Design-Build (D-B) Contractor
Pre-design Phase
Final Design Phase
Record Drawings
44. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
apparent Low Bidder
CM Services
Contract Document Phase
Specifications
45. Also: Feasibility Phase The phase prior to the start of design.
Estimated Final Cost
Pre-design Phase
Changed Conditions
Specifications
46. An agreement by which a party accepts responsibility for fulfilling an obligation.
Labor and Material Bond
apparent Low Bidder
CM Services
Guarantee
47. A contractor who has a contract with a subcontractor.
Schedule of Values
Construction Schedule
Sub-subcontractor
Lump Sum Fee
48. 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.
Lump Sum Fee
Labor and Material Bond
Approved Bidders List
Bid Depository
49. A contract held by an owner.
Owner's Representative
Prime Contract
Final Design Phase
Progress Meeting
50. The time between the purchase date and delivery date of long-lead items.
Guaranteed Maximum Price CM (GMPCM)
Long-Lead Time
Estimated Cost to Complete
As-Built Drawings
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