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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 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.
Design-Build (D-B) Contractor
Completion Schedule
Schedule of Values
Sub-subcontractor
2. A contractor who has a contract with a subcontractor.
Budget Estimate
Schedule of Values
Technical Specifications
Sub-subcontractor
3. 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.
Guaranteed Maximum Price CM (GMPCM)
Estimated Cost to Complete
Milestone Schedule
Estimated Cost to Complete
4. A contractor who has a contract with a subcontractor.
Sub-subcontractor
Guarantee
Fast-Track(ing)
Direct Labor Costs
5. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Specifications
Technical Specifications
Labor and Material Bond
Direct Labor Costs
6. 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
RFP (Request For Proposal)
Budget Estimate
Professional Liability Insurance
Critical Path(s)
7. 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.
Claim
Escrow Account
Schedule of Values
Construction Manager
8. 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.
Value Engineering
Preconstruction Phase
Fast-Track(ing)
Notice of Award
9. A fixed dollar amount which includes all costs of services including overhead and profit.
Sub-subcontractor
Lump Sum Fee
Critical Path(s)
Milestone Schedule
10. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Bid Bond
Direct Material Costs
Schematic Design Phase
Approved Bidders List
11. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Milestone Schedule
General Contractor
Milestone Schedule
Design-Build (D-B) Contractor
12. 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
General Contractor
Project Budget
Design Development Phase
Project Meeting
13. 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.
Lien
Performance Bond
Lump Sum Fee
Bid Depository
14. 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.
Special Conditions
Budget Estimate
Construction Manager
Labor and Material Bond
15. All required phases prior to the start of construction.
Project Meeting
Guaranteed Maximum Price CM (GMPCM)
Preconstruction Phase
Guaranteed Maximum Price CM (GMPCM)
16. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Specifications
Direct Material Costs
Escrow Account
Direct Costs
17. A contractor that provides design and construction services under a single responsibility contract to an owner .
Notice to Proceed
Construction Manager
Design-Build (D-B) Contractor
Bid
18. 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.
Estimated Final Cost
Performance Bond
Guaranteed Maximum Price CM (GMPCM)
Approved Changes
19. An agreement by which a party accepts responsibility for fulfilling an obligation.
Design Development Phase
Guarantee
Start-Up
Project Team
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.
Direct Costs
As-Built Drawings
Fast-Track(ing)
Conditions of the Contract
21. A fixed dollar amount which includes all costs of services including overhead and profit.
Completion Schedule
Lump Sum Fee
Project Budget
Approved Changes
22. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Specifications
Contingencies
Lump Sum Fee
Construction Documents
23. 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.
Specifications
Budget Estimate
Project Team
Shop Drawings
24. 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.
Bid Bond
Lien
Estimated Final Cost
CM Services
25. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Life-Cycle Cost
Estimated Final Cost
Start-Up
Long-Lead Time
26. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Notice to Proceed
Prime Contract
Design-Build (D-B) Contracting
Progress Meeting
27. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Contract Documents
RFP (Request For Proposal)
Field Construction Manager
Preconstruction Phase
28. 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.
Construction Manager
Project Meeting
Estimated Final Cost
General Contractor
29. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Performance Bond
Bid Bond
Project Team
Specifications
30. 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.
Contract Documents
Guaranteed Maximum Price CM (GMPCM)
Reimbursable Expense
Guaranteed Maximum Price CM (GMPCM)
31. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Prime Contract
General Conditions (of the Contract for Construction)
Prime Contract
Special Conditions
32. The time between the purchase date and delivery date of long-lead items.
Preliminary Design Phase
Special Conditions
Lump Sum Fee
Guarantee
33. 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.
Estimated Final Cost
Approved Bidders List
Commissioning
Notice to Proceed
34. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Occupancy Phase
Construction Management
Technical Specifications
Progress Meeting
35. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Checks and Balances
Change Order
Conditions of the Contract
Field Construction Manager
36. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Superintendent
CM Services
Professional Liability Insurance
Special Conditions
37. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
Warranty
CM Services
Construction Documents
Estimated Final Cost
38. 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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39. The designation used by engineers for the last portion of the design process prior to bidding.
Long-Lead Time
Pre-design Phase
Final Design Phase
Lump Sum Fee
40. 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
Technical Specifications
Long-Lead Time
Sub-subcontractor
41. 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.
Estimated Final Cost
Reimbursable Expense
Professional Liability Insurance
Preliminary Design Phase
42. 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.
General Contractor
Long-Lead Items
Performance Bond
Substantial Completion
43. 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.
Completion Schedule
Clerk-of-the-Work
Progress Payment
Warranty
44. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Owner's Representative
apparent Low Bidder
Professional Liability Insurance
Changed Conditions
45. The list of contractors that have survived prequalification tests.
Technical Specifications
Contract Administration
Approved Bidders List
Commissioning
46. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Contingencies
Shop Drawings
Preliminary Design Phase
General Contractor
47. 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
apparent Low Bidder
Chart of Accounts
Professional Liability Insurance
48. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Pre-design Phase
Direct Material Costs
Progress Payment
Construction Documents
49. A contractor that provides design and construction services under a single responsibility contract to an owner .
Design-Build (D-B) Contractor
Start-Up
Technical Specifications
Direct Costs
50. 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.
Critical Path(s)
Clerk-of-the-Work
Changed Conditions
Technical Specifications