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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. Check: Letter of Intent; Notice to Proceed A letter from an owner to a contractor stating that a contract has been awarded to the contractor and a contract will be forthcoming.
Guaranteed Maximum Price CM (GMPCM)
Checks and Balances
Notice of Award
Construction Management
2. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Construction Documents
Notice of Award
Commissioning
Progress Payment
3. Check: Letter of Intent; Notice to Proceed A letter from an owner to a contractor stating that a contract has been awarded to the contractor and a contract will be forthcoming.
Fast-Track(ing)
Construction Schedule
Notice of Award
apparent Low Bidder
4. 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.
Performance Bond
Substantial Completion
Schematic Design Phase
Change Order
5. 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.
Contract Documents
Design-Build (D-B) Contracting
Occupancy Phase
Start-Up
6. 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.
Clerk-of-the-Work
Chart of Accounts
Performance Bond
Estimated Cost to Complete
7. A fixed dollar amount which includes all costs of services including overhead and profit.
Lump Sum Fee
Project Meeting
Specifications
Substantial Completion
8. 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)
Special Conditions
Clerk-of-the-Work
Completion Schedule
9. 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.
As-Built Drawings
Fast-Track(ing)
Construction Management
Record Drawings
10. 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.
Conditions of the Contract
RFP (Request For Proposal)
Lien
Start-Up
11. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
Approved Changes
Contract Document Phase
Schedule of Values
Design-Build (D-B) Contracting
12. A contractor that provides design and construction services under a single responsibility contract to an owner .
Milestone Schedule
Design-Build (D-B) Contractor
Preliminary Design Phase
Long-Lead Items
13. 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)
Contract Administration
Direct Material Costs
Approved Changes
14. The documents which collectively form the contract between the contractor and the owner. They consist of the bidding documents less bidding information plus pre-award addenda and post-award Change Orders.
Lump Sum Fee
Contract Documents
Sub-subcontractor
Preliminary Design Phase
15. 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.
Contingencies
Design Development Phase
Professional Liability Insurance
Guaranteed Maximum Price CM (GMPCM)
16. 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
Construction Budget
Performance Bond
Drawings
Shop Drawings
17. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
Subcontractor
RFP (Request For Proposal)
Approved Changes
Progress Payment
18. 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.
Notice of Award
Sub-subcontractor
Direct Costs
Schedule of Values
19. 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.
Guaranteed Maximum Price CM (GMPCM)
As-Built Drawings
Commissioning
Subcontractor
20. 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.
Prime Contract
Project Team
Milestone Schedule
General Contractor
21. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Final Completion
Preliminary Design Phase
Bid Depository
Special Conditions
22. 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
Lump Sum Fee
Owner's Representative
Schematic Design Phase
Bid Bond
23. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Start-Up
Contract Administration
Pre-design Phase
Budget Estimate
24. 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.
Letter of Intent
Design-Build (D-B) Contractor
Long-Lead Items
Escrow Account
25. 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 Management
apparent Low Bidder
Fast-Track(ing)
Project Team
26. 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.
Approved Changes
Changed Conditions
Superintendent
Substantial Completion
27. 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.
Shop Drawings
Conditions of the Contract
Estimated Cost to Complete
Value Engineering
28. 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
apparent Low Bidder
Reimbursable Expense
Preconstruction Phase
29. 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.
Construction Manager
Clerk-of-the-Work
As-Built Drawings
Preliminary Design Phase
30. The time between the purchase date and delivery date of long-lead items.
Sub-subcontractor
Long-Lead Items
Warranty
Long-Lead Time
31. A contract structure where both design and construction responsibility are vested in a single contractor.
Design-Build (D-B) Contracting
As-Built Drawings
Lump Sum Fee
Construction Schedule
32. A contract held by an owner.
Performance Bond
General Conditions (of the Contract for Construction)
Fast-Track(ing)
Prime Contract
33. 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.
Milestone Schedule
Design-Build (D-B) Contracting
Checks and Balances
Occupancy Phase
34. A contractor who has a contract with a subcontractor.
Guaranteed Maximum Price CM (GMPCM)
Sub-subcontractor
Direct Costs
Changed Conditions
35. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Superintendent
Direct Material Costs
Prime Contract
36. 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.
Milestone
Design-Build (D-B) Contractor
As-Built Drawings
Fast-Track(ing)
37. 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.
Life-Cycle Cost
Guaranteed Maximum Price CM (GMPCM)
Schematic Design Phase
Drawings
38. 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.
Schedule of Values
As-Built Drawings
Contract Administration
Prime Contract
39. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Sub-subcontractor
Final Completion
Estimated Cost to Complete
Contingencies
40. 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
Warranty
Specifications
Project Budget
41. Also: Feasibility Phase The phase prior to the start of design.
Project Meeting
Bid Bond
General Conditions (of the Contract for Construction)
Pre-design Phase
42. 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.
Owner's Representative
As-Built Drawings
Preliminary Design Phase
Project Team
43. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Contract Document Phase
Progress Meeting
Occupancy Phase
Technical Specifications
44. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Construction Documents
Prime Contract
Long-Lead Time
Bid Bond
45. Selected strategic events of signal importance to progress used in the milestone schedule.
Checks and Balances
Budget Estimate
Direct Material Costs
Milestone
46. 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.
Long-Lead Items
Professional Liability Insurance
Construction Schedule
Commissioning
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
Checks and Balances
Project Manual
Progress Payment
Escrow Account
48. A contract structure where both design and construction responsibility are vested in a single contractor.
Design-Build (D-B) Contracting
Guarantee
Final Completion
As-Built Drawings
49. An agreement by which a party accepts responsibility for fulfilling an obligation.
Guarantee
Warranty
Lien
Occupancy Phase
50. 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.
Budget Estimate
Schedule of Values
Direct Labor Costs
Record Drawings