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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. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Bid Depository
Guaranteed Maximum Price CM (GMPCM)
Contingencies
Contract Administration
2. 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.
Design-Build (D-B) Contracting
Milestone Schedule
Estimated Cost to Complete
CM Services
3. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Performance Bond
Life-Cycle Cost
Contract Administration
4. 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
Budget Estimate
Performance Bond
apparent Low Bidder
Labor and Material Bond
5. 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
Bid Bond
Bid Depository
Warranty
6. The scope of services provided by a construction manager and available to owners in whole or in part. CM services are not consistent in scope or performance from one CM firm to another.
Special Conditions
CM Services
Estimated Cost to Complete
Construction Budget
7. 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.
Schedule of Values
Reimbursable Expense
Letter of Intent
RFP (Request For Proposal)
8. 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)
Special Conditions
Long-Lead Items
Design Development Phase
9. 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.
Preliminary Design Phase
Sub-subcontractor
As-Built Drawings
Guaranteed Maximum Price CM (GMPCM)
10. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
Change Order
Life-Cycle Cost
Performance Bond
11. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Schematic Design Phase
General Contractor
Claim
Notice of Award
12. 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.
Warranty
Clerk-of-the-Work
Reimbursable Expense
Direct Labor Costs
13. A contract held by an owner.
Prime Contract
Technical Specifications
Construction Manager
Final Design Phase
14. 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) Contracting
Completion Schedule
Direct Labor Costs
15. 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.
Construction Management
Commissioning
Design-Build (D-B) Contractor
Chart of Accounts
16. 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.
Substantial Completion
Record Drawings
Chart of Accounts
Final Design Phase
17. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Bid
Lump Sum Fee
Letter of Intent
Direct Costs
18. The list of contractors that have survived prequalification tests.
Progress Meeting
apparent Low Bidder
Approved Bidders List
Direct Material Costs
19. The scope of services provided by a construction manager and available to owners in whole or in part. CM services are not consistent in scope or performance from one CM firm to another.
Project Manual
Notice to Proceed
CM Services
Escrow Account
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.
Milestone Schedule
Project Manual
Design Development Phase
Value Engineering
21. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Checks and Balances
Milestone
General Conditions (of the Contract for Construction)
Direct Material Costs
22. 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.
General Conditions (of the Contract for Construction)
Owner's Representative
Clerk-of-the-Work
Notice to Proceed
23. The time between the purchase date and delivery date of long-lead items.
Completion Schedule
Value Engineering
Completion Schedule
Lump Sum Fee
24. The time between the purchase date and delivery date of long-lead items.
Contract Document Phase
Progress Payment
Substantial Completion
Lump Sum Fee
25. 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.
Guaranteed Maximum Price CM (GMPCM)
Final Design Phase
Professional Liability Insurance
Clerk-of-the-Work
26. 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.
Start-Up
Construction Documents
Critical Path(s)
Commissioning
27. 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
Project Budget
Letter of Intent
Project Team
Bid Depository
28. 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 Management
Checks and Balances
Contract Document Phase
Construction Manager
29. 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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30. A contract held by an owner.
Warranty
Life-Cycle Cost
Prime Contract
Lump Sum Fee
31. A contract structure where both design and construction responsibility are vested in a single contractor.
Specifications
Design-Build (D-B) Contracting
Approved Changes
Warranty
32. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Specifications
Estimated Final Cost
Commissioning
Fast-Track(ing)
33. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Budget Estimate
Preliminary Design Phase
Progress Payment
Milestone Schedule
34. 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.
Construction Schedule
Clerk-of-the-Work
Shop Drawings
Approved Changes
35. 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.
Specifications
Progress Payment
Guaranteed Maximum Price CM (GMPCM)
Project Manual
36. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Construction Documents
RFP (Request For Proposal)
Progress Payment
Special Conditions
37. 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
Subcontractor
Conditions of the Contract
Contract Administration
38. 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
Contract Document Phase
Change Order
Changed Conditions
39. 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
Life-Cycle Cost
Notice of Award
Construction Budget
Field Construction Manager
40. A contractor who has a contract with a prime contractor.
Long-Lead Time
Subcontractor
Construction Management
Superintendent
41. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Contract Document Phase
apparent Low Bidder
Superintendent
Prime Contract
42. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Milestone
Clerk-of-the-Work
Design Development Phase
Project Budget
43. Selected strategic events of signal importance to progress used in the milestone schedule.
Progress Meeting
Escrow Account
Milestone
Completion Schedule
44. 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
Approved Bidders List
Notice of Award
Project Budget
45. 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.
Project Team
Special Conditions
Critical Path(s)
Approved Bidders List
46. A contractor who has a contract with a prime contractor.
Subcontractor
CM Services
Estimated Cost to Complete
Estimated Final Cost
47. 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.
Progress Meeting
Letter of Intent
Lump Sum Fee
As-Built Drawings
48. 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
CM Services
Professional Liability Insurance
Project Manual
Estimated Final Cost
49. Also: Feasibility Phase The phase prior to the start of design.
Pre-design Phase
Construction Documents
Field Construction Manager
Project Meeting
50. 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.
Bid Bond
Letter of Intent
Labor and Material Bond
Bid Depository