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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 contract held by an owner.
Value Engineering
General Contractor
Prime Contract
Approved Changes
2. 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)
Direct Costs
Construction Schedule
Lump Sum Fee
3. Selected strategic events of signal importance to progress used in the milestone schedule.
Direct Costs
Claim
Milestone
Performance Bond
4. 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.
Performance Bond
Professional Liability Insurance
Project Meeting
Lump Sum Fee
5. An agreement by which a party accepts responsibility for fulfilling an obligation.
Drawings
Lien
Escrow Account
Guarantee
6. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Contract Administration
Performance Bond
Contract Document Phase
Owner's Representative
7. 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.
General Conditions (of the Contract for Construction)
As-Built Drawings
RFP (Request For Proposal)
Construction Manager
8. An agreement by which a party accepts responsibility for fulfilling an obligation.
Contract Document Phase
Guarantee
Schematic Design Phase
Final Completion
9. 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.
Notice to Proceed
Milestone Schedule
Professional Liability Insurance
Long-Lead Items
10. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Warranty
Guarantee
Construction Documents
Professional Liability Insurance
11. 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 Manual
Project Budget
Chart of Accounts
Reimbursable Expense
12. 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.
Labor and Material Bond
Field Construction Manager
Progress Meeting
Completion Schedule
13. 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
Sub-subcontractor
Prime Contract
Direct Costs
Bid Bond
14. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Prime Contract
Project Meeting
Design-Build (D-B) Contracting
Contract Administration
15. 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.
Critical Path(s)
Claim
CM Services
Final Completion
16. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Approved Bidders List
Critical Path(s)
Specifications
Critical Path(s)
17. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Drawings
Sub-subcontractor
Long-Lead Time
Project Budget
18. 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.
Life-Cycle Cost
Shop Drawings
Construction Schedule
Contingencies
19. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Technical Specifications
Schematic Design Phase
Construction Budget
Owner's Representative
20. 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
Reimbursable Expense
Substantial Completion
Long-Lead Time
21. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Chart of Accounts
Professional Liability Insurance
RFP (Request For Proposal)
CM Services
22. 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.
Labor and Material Bond
Shop Drawings
Estimated Cost to Complete
Checks and Balances
23. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Performance Bond
Specifications
Direct Material Costs
Milestone Schedule
24. 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.
Letter of Intent
Claim
Chart of Accounts
Project Manual
25. 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.
Pre-design Phase
Occupancy Phase
Schematic Design Phase
Bid Depository
26. 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.
Approved Changes
Schematic Design Phase
Record Drawings
Warranty
27. 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.
Design Development Phase
Record Drawings
Design Development Phase
Milestone
28. 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.
Notice of Award
Special Conditions
Project Team
Pre-design Phase
29. 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
Value Engineering
Guaranteed Maximum Price CM (GMPCM)
Bid
30. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Start-Up
Final Completion
General Contractor
Sub-subcontractor
31. The list of contractors that have survived prequalification tests.
Substantial Completion
Labor and Material Bond
Preconstruction Phase
Approved Bidders List
32. 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
Completion Schedule
Long-Lead Items
Sub-subcontractor
33. 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.
Schedule of Values
Estimated Final Cost
Schematic Design Phase
Lien
34. The time between the purchase date and delivery date of long-lead items.
Final Design Phase
Warranty
Performance Bond
Lump Sum Fee
35. 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.
Final Design Phase
Schematic Design Phase
Project Team
Final Completion
36. The list of contractors that have survived prequalification tests.
Fast-Track(ing)
Approved Bidders List
Labor and Material Bond
Shop Drawings
37. 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
Professional Liability Insurance
Budget Estimate
Design Development Phase
38. 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 Documents
Chart of Accounts
Clerk-of-the-Work
Milestone Schedule
39. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Preliminary Design Phase
Prime Contract
Milestone Schedule
Performance Bond
40. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Schedule of Values
Project Meeting
Contract Document Phase
Occupancy Phase
41. 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
Critical Path(s)
Construction Schedule
Progress Payment
Approved Bidders List
42. 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.
Construction Manager
Notice of Award
Preliminary Design Phase
Approved Bidders List
43. 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.
Contingencies
General Contractor
Substantial Completion
Progress Meeting
44. 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
Occupancy Phase
Bid Bond
Changed Conditions
Construction Manager
45. A contractor who has a contract with a prime contractor.
Subcontractor
Design Development Phase
Lien
Construction Documents
46. All required phases prior to the start of construction.
Preconstruction Phase
Bid
Schedule of Values
Final Completion
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
Project Team
Critical Path(s)
48. A fixed dollar amount which includes all costs of services including overhead and profit.
Superintendent
Lump Sum Fee
Construction Documents
Fast-Track(ing)
49. 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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50. 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
Project Team
Contract Administration
Construction Budget
Changed Conditions