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Construction Management

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 list of contractors that have survived prequalification tests.






2. 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.






3. The time between the purchase date and delivery date of long-lead items.






4. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.






5. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .






6. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.






7. A contractor who has a contract with a prime contractor.






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






9. The term used to describe the use of the overlapping expertise of each team member during team decision making.






10. 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






11. 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






12. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.






13. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.






14. A technical review process; the close matching of engineering design to the value an owner derives from the design.






15. 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.






16. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.






17. 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.






18. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.






19. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.






20. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.






21. 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.






22. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.






23. 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.






24. 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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25. A contract held by an owner.






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.






27. A fixed dollar amount which includes all costs of services including overhead and profit.






28. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.






29. 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.






30. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.






31. The time between the purchase date and delivery date of long-lead items.






32. 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.






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






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.






35. 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






36. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.






37. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.






38. 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






39. 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.






40. A contract structure where both design and construction responsibility are vested in a single contractor.






41. 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.






42. 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.






43. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.






44. 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.






45. 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.






46. 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.






47. The list of contractors that have survived prequalification tests.






48. Selected strategic events of signal importance to progress used in the milestone schedule.






49. 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






50. 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