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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 cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Specifications
Start-Up
Life-Cycle Cost
Direct Material Costs
2. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
General Contractor
Design Development Phase
Progress Meeting
Notice of Award
3. All required phases prior to the start of construction.
Preconstruction Phase
Chart of Accounts
Substantial Completion
Direct Material Costs
4. An agreement by which a party accepts responsibility for fulfilling an obligation.
Approved Changes
Chart of Accounts
Guarantee
Budget Estimate
5. 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
Construction Budget
Milestone Schedule
Contract Document Phase
CM Services
6. 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) Contracting
Completion Schedule
Claim
Professional Liability Insurance
7. 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)
Construction Manager
Claim
Direct Labor Costs
8. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Claim
Letter of Intent
Technical Specifications
Value Engineering
9. 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.
Professional Liability Insurance
Labor and Material Bond
Final Design Phase
As-Built Drawings
10. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Project Budget
Final Completion
apparent Low Bidder
Performance Bond
11. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Changed Conditions
Conditions of the Contract
Record Drawings
Lump Sum Fee
12. 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.
Escrow Account
Warranty
Estimated Cost to Complete
Record Drawings
13. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
Milestone
Estimated Cost to Complete
Preliminary Design Phase
14. Selected strategic events of signal importance to progress used in the milestone schedule.
Record Drawings
Value Engineering
Technical Specifications
Milestone
15. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Claim
RFP (Request For Proposal)
Lump Sum Fee
Technical Specifications
16. 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.
Construction Management
Conditions of the Contract
Escrow Account
As-Built Drawings
17. A contractor who has a contract with a prime contractor.
Subcontractor
Notice of Award
Value Engineering
Lien
18. 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.
Completion Schedule
Change Order
Budget Estimate
Letter of Intent
19. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Schematic Design Phase
Construction Management
Substantial Completion
Direct Material Costs
20. Selected strategic events of signal importance to progress used in the milestone schedule.
Fast-Track(ing)
General Contractor
Substantial Completion
Milestone
21. A contract structure where both design and construction responsibility are vested in a single contractor.
Prime Contract
Record Drawings
Bid Bond
Design-Build (D-B) Contracting
22. 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
Pre-design Phase
Estimated Cost to Complete
Project Budget
Changed Conditions
23. Also: Feasibility Phase The phase prior to the start of design.
Occupancy Phase
Project Team
Superintendent
Pre-design Phase
24. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Construction Manager
Superintendent
Warranty
Contingencies
25. 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.
Subcontractor
Milestone
Long-Lead Items
Changed Conditions
26. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Construction Documents
General Contractor
apparent Low Bidder
Direct Costs
27. 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.
Bid Depository
Project Budget
Preliminary Design Phase
Special Conditions
28. 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.
Progress Meeting
General Contractor
Approved Bidders List
Estimated Final Cost
29. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Completion Schedule
Bid Depository
Final Completion
Checks and Balances
30. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Milestone
General Conditions (of the Contract for Construction)
Contingencies
Long-Lead Items
31. 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.
Sub-subcontractor
Fast-Track(ing)
Superintendent
Labor and Material Bond
32. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Design Development Phase
Letter of Intent
Value Engineering
Schematic Design Phase
33. 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
Subcontractor
Shop Drawings
Design-Build (D-B) Contractor
Construction Management
34. 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.
Progress Payment
Preliminary Design Phase
Estimated Cost to Complete
Changed Conditions
35. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Bid Bond
Sub-subcontractor
Life-Cycle Cost
Final Design Phase
36. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Notice of Award
apparent Low Bidder
Construction Management
Direct Costs
37. 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.
Commissioning
Change Order
Contract Administration
Start-Up
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.
Completion Schedule
General Conditions (of the Contract for Construction)
Construction Management
Substantial Completion
39. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Specifications
Contract Document Phase
Approved Changes
Long-Lead Items
40. The time between the purchase date and delivery date of long-lead items.
Long-Lead Time
Design-Build (D-B) Contractor
Life-Cycle Cost
Construction Management
41. The designation used by engineers for the last portion of the design process prior to bidding.
Design Development Phase
Final Design Phase
Milestone Schedule
Owner's Representative
42. Also: Contract Modification The document that alters the contract amount - contract time - or contract requirements of the original contract entered into by the owner and a contractor.
Preconstruction Phase
Change Order
Critical Path(s)
Final Completion
43. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Approved Bidders List
Progress Payment
Warranty
Contract Document Phase
44. A contractor that provides design and construction services under a single responsibility contract to an owner .
Critical Path(s)
Design-Build (D-B) Contractor
Critical Path(s)
Value Engineering
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
Prime Contract
Project Manual
Chart of Accounts
Long-Lead Time
46. 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
Construction Schedule
Superintendent
Final Completion
Field Construction Manager
47. 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.
Construction Manager
Drawings
Fast-Track(ing)
Schedule of Values
48. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Design-Build (D-B) Contracting
General Contractor
Design-Build (D-B) Contracting
Contingencies
49. 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.
Preconstruction Phase
Specifications
Budget Estimate
Performance Bond
50. The time between the purchase date and delivery date of long-lead items.
Sub-subcontractor
General Conditions (of the Contract for Construction)
Occupancy Phase
Long-Lead Time