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Construction Management
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Subjects
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industries
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construction
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business-skills
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. 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.
Estimated Final Cost
Progress Payment
Chart of Accounts
Performance Bond
2. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Conditions of the Contract
Preconstruction Phase
Final Completion
apparent Low Bidder
3. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Direct Material Costs
Life-Cycle Cost
Progress Meeting
Performance Bond
4. 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.
Progress Payment
Pre-design Phase
General Contractor
Schedule of Values
5. 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.
Change Order
Commissioning
Checks and Balances
Clerk-of-the-Work
6. 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
Life-Cycle Cost
Contract Documents
Occupancy Phase
Project Manual
7. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Lien
Preconstruction Phase
Contingencies
Occupancy Phase
8. 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.
Lump Sum Fee
Construction Documents
Construction Manager
Warranty
9. 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
Approved Bidders List
Construction Management
CM Services
Construction Budget
10. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Technical Specifications
Final Design Phase
General Conditions (of the Contract for Construction)
Design-Build (D-B) Contracting
11. 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.
Construction Schedule
Commissioning
Direct Labor Costs
Value Engineering
12. 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.
Budget Estimate
Project Manual
Claim
Claim
13. 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
Critical Path(s)
Labor and Material Bond
Construction Manager
Conditions of the Contract
14. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Schedule of Values
Occupancy Phase
Field Construction Manager
Special Conditions
15. The time between the purchase date and delivery date of long-lead items.
Occupancy Phase
Schematic Design Phase
As-Built Drawings
Long-Lead Time
16. 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
Change Order
Labor and Material Bond
Construction Budget
Reimbursable Expense
17. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Reimbursable Expense
CM Services
Bid
Occupancy Phase
18. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Final Design Phase
Change Order
Direct Material Costs
Bid
19. 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.
Contract Document Phase
Design-Build (D-B) Contracting
Claim
Record Drawings
20. 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.
Performance Bond
Direct Labor Costs
Final Completion
Sub-subcontractor
21. 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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22. 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.
Value Engineering
Clerk-of-the-Work
Fast-Track(ing)
Start-Up
23. 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
CM Services
Milestone
Contingencies
24. All required phases prior to the start of construction.
Contract Administration
As-Built Drawings
Preconstruction Phase
Direct Labor Costs
25. 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.
Lump Sum Fee
Completion Schedule
apparent Low Bidder
Reimbursable Expense
26. 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.
Estimated Final Cost
Bid Depository
Professional Liability Insurance
Sub-subcontractor
27. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Progress Meeting
Record Drawings
General Contractor
Escrow Account
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.
Shop Drawings
Warranty
Final Completion
Owner's Representative
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.
Final Design Phase
Guaranteed Maximum Price CM (GMPCM)
Critical Path(s)
Notice to Proceed
30. 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
Record Drawings
Guaranteed Maximum Price CM (GMPCM)
Professional Liability Insurance
31. 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.
Reimbursable Expense
Construction Budget
Estimated Final Cost
Changed Conditions
32. Also: Feasibility Phase The phase prior to the start of design.
Construction Manager
Construction Documents
Pre-design Phase
Sub-subcontractor
33. 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
Changed Conditions
Project Meeting
34. A contractor who has a contract with a prime contractor.
Clerk-of-the-Work
Design-Build (D-B) Contractor
Subcontractor
Estimated Cost to Complete
35. 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
Long-Lead Items
Professional Liability Insurance
Performance Bond
Start-Up
36. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Superintendent
Changed Conditions
Escrow Account
Checks and Balances
37. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Value Engineering
Field Construction Manager
Professional Liability Insurance
Commissioning
38. A contractor who has a contract with a subcontractor.
Guarantee
Completion Schedule
Sub-subcontractor
Record Drawings
39. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Value Engineering
Clerk-of-the-Work
Schematic Design Phase
Contract Document Phase
40. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Performance Bond
apparent Low Bidder
Start-Up
Direct Material Costs
41. 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.
Long-Lead Time
Escrow Account
Project Meeting
Estimated Final Cost
42. 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
Occupancy Phase
Guarantee
Guaranteed Maximum Price CM (GMPCM)
43. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Construction Budget
Project Team
Clerk-of-the-Work
Conditions of the Contract
44. 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 Costs
Project Budget
Progress Meeting
CM Services
45. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
RFP (Request For Proposal)
Start-Up
Pre-design Phase
Reimbursable Expense
46. A fixed dollar amount which includes all costs of services including overhead and profit.
Labor and Material Bond
Design Development Phase
CM Services
Lump Sum Fee
47. 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
Estimated Final Cost
Completion Schedule
Project Manual
Construction Budget
48. 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.
Schedule of Values
Direct Labor Costs
Superintendent
Construction Management
49. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Occupancy Phase
apparent Low Bidder
Chart of Accounts
50. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Milestone Schedule
Progress Meeting
Bid Bond
Construction Budget
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