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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. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Bid
Project Team
Long-Lead Items
Notice to Proceed
2. 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.
Professional Liability Insurance
Commissioning
Contract Documents
Estimated Cost to Complete
3. 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
Project Meeting
Guarantee
Life-Cycle Cost
Project Manual
4. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Critical Path(s)
Life-Cycle Cost
Contract Administration
Design-Build (D-B) Contracting
5. 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.
Schematic Design Phase
Commissioning
Professional Liability Insurance
Checks and Balances
6. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Direct Material Costs
Schedule of Values
Reimbursable Expense
Schematic Design Phase
7. 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
Project Manual
Chart of Accounts
As-Built Drawings
Lump Sum Fee
8. 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.
Changed Conditions
Schematic Design Phase
Estimated Cost to Complete
Start-Up
9. 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.
Long-Lead Time
Special Conditions
Labor and Material Bond
Changed Conditions
10. The time between the purchase date and delivery date of long-lead items.
Checks and Balances
Sub-subcontractor
Progress Payment
Long-Lead Time
11. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
Estimated Cost to Complete
Performance Bond
CM Services
12. 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
Final Completion
Direct Labor Costs
Design-Build (D-B) Contracting
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.
Bid Depository
Preconstruction Phase
Contract Administration
Pre-design Phase
14. 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
Approved Changes
Preliminary Design Phase
Notice of Award
15. 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.
Guaranteed Maximum Price CM (GMPCM)
Substantial Completion
Lien
Contract Documents
16. 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.
Schematic Design Phase
Construction Manager
Notice to Proceed
Labor and Material Bond
17. 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.
Critical Path(s)
Schematic Design Phase
Notice to Proceed
Field Construction Manager
18. 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.
RFP (Request For Proposal)
Labor and Material Bond
Life-Cycle Cost
apparent Low Bidder
19. 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.
Letter of Intent
Direct Labor Costs
Notice of Award
Schedule of Values
20. Also: Feasibility Phase The phase prior to the start of design.
Field Construction Manager
Changed Conditions
Pre-design Phase
Superintendent
21. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Notice of Award
Specifications
Contract Document Phase
Record Drawings
22. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
As-Built Drawings
Approved Changes
Value Engineering
Field Construction Manager
23. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Notice of Award
Fast-Track(ing)
Value Engineering
Shop Drawings
24. 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.
Project Manual
Owner's Representative
Field Construction Manager
Chart of Accounts
25. 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 Manager
Chart of Accounts
Construction Budget
Budget Estimate
26. 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.
Design-Build (D-B) Contractor
Reimbursable Expense
Long-Lead Time
Superintendent
27. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Occupancy Phase
apparent Low Bidder
Superintendent
Schematic Design Phase
28. 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.
CM Services
Construction Documents
Escrow Account
Commissioning
29. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
RFP (Request For Proposal)
Construction Documents
Construction Budget
Direct Material Costs
30. 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.
Fast-Track(ing)
Value Engineering
Change Order
Warranty
31. 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.
Construction Documents
Guaranteed Maximum Price CM (GMPCM)
Lump Sum Fee
Escrow Account
32. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
Special Conditions
Construction Documents
Checks and Balances
33. 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
Budget Estimate
Field Construction Manager
Professional Liability Insurance
Letter of Intent
34. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Completion Schedule
Design Development Phase
Project Meeting
Milestone Schedule
35. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Conditions of the Contract
Estimated Cost to Complete
Preconstruction Phase
Direct Costs
36. 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
Milestone Schedule
Change Order
Lump Sum Fee
37. 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
Guaranteed Maximum Price CM (GMPCM)
Occupancy Phase
Technical Specifications
Contract Administration
38. A contractor that provides design and construction services under a single responsibility contract to an owner .
Final Completion
Chart of Accounts
Design-Build (D-B) Contractor
Project Manual
39. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Sub-subcontractor
Contingencies
Contract Document Phase
Progress Meeting
40. 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.
Milestone
Drawings
Contingencies
General Conditions (of the Contract for Construction)
41. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Guarantee
Bid Bond
Design Development Phase
Drawings
42. A contractor who has a contract with a prime contractor.
Specifications
Critical Path(s)
Subcontractor
CM Services
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.
Direct Costs
Construction Management
Occupancy Phase
Completion Schedule
44. 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.
Prime Contract
Specifications
Construction Schedule
Construction Manager
45. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Professional Liability Insurance
Performance Bond
Special Conditions
RFP (Request For Proposal)
46. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Chart of Accounts
Schedule of Values
Budget Estimate
Specifications
47. 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
CM Services
Construction Budget
General Conditions (of the Contract for Construction)
Bid Bond
48. 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.
As-Built Drawings
Start-Up
Lump Sum Fee
Preliminary Design Phase
49. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
Long-Lead Time
Superintendent
Warranty
As-Built Drawings
50. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Performance Bond
Preliminary Design Phase
Final Design Phase
Life-Cycle Cost