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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. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Long-Lead Items
Milestone
Construction Documents
Substantial Completion
2. 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
Letter of Intent
Owner's Representative
Performance Bond
Drawings
3. 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
Lien
Schedule of Values
Clerk-of-the-Work
Bid Bond
4. A contract structure where both design and construction responsibility are vested in a single contractor.
Design-Build (D-B) Contracting
Pre-design Phase
Critical Path(s)
Preliminary Design Phase
5. Check: Commissioning; Beneficial Occupancy The period prior to owner occupancy when mechanical - electrical - and other systems are activated and the owner's operating and maintenance staff are instructed in their use.
Start-Up
Direct Labor Costs
As-Built Drawings
Milestone Schedule
6. 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.
Guaranteed Maximum Price CM (GMPCM)
Design Development Phase
Labor and Material Bond
Performance Bond
7. 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.
Special Conditions
Fast-Track(ing)
Project Budget
Value Engineering
8. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Conditions of the Contract
Final Completion
Project Budget
Milestone Schedule
9. The time between the purchase date and delivery date of long-lead items.
As-Built Drawings
Lump Sum Fee
Bid
Estimated Final Cost
10. Check: Commissioning; Beneficial Occupancy The period prior to owner occupancy when mechanical - electrical - and other systems are activated and the owner's operating and maintenance staff are instructed in their use.
Approved Changes
Life-Cycle Cost
Start-Up
Progress Payment
11. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Bid
As-Built Drawings
Lump Sum Fee
apparent Low Bidder
12. 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.
Milestone Schedule
Checks and Balances
Long-Lead Items
Design-Build (D-B) Contractor
13. 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.
Long-Lead Items
CM Services
Completion Schedule
Chart of Accounts
14. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Bid Depository
Contingencies
Construction Manager
Long-Lead Items
15. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Construction Management
Clerk-of-the-Work
Bid Depository
Direct Material Costs
16. 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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17. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Reimbursable Expense
Life-Cycle Cost
Final Completion
Construction Documents
18. A fixed dollar amount which includes all costs of services including overhead and profit.
Schematic Design Phase
Lump Sum Fee
Pre-design Phase
Performance Bond
19. 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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20. 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
Owner's Representative
Field Construction Manager
Performance Bond
Sub-subcontractor
21. 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.
Professional Liability Insurance
Budget Estimate
Estimated Final Cost
Approved Changes
22. 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.
Estimated Final Cost
Lump Sum Fee
Reimbursable Expense
Contract Document Phase
23. 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.
Chart of Accounts
Substantial Completion
Project Team
Bid Depository
24. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Bid Depository
Contract Administration
Project Meeting
Preliminary Design Phase
25. A professional service that applies effective management techniques to the planning - design - and construction of a project form inception to completion for the purpose of controlling time - cost and quality. (As approved by CMAA) OR A project deliv
Construction Management
Design-Build (D-B) Contractor
Estimated Final Cost
Direct Costs
26. All required phases prior to the start of construction.
Estimated Final Cost
Lump Sum Fee
Critical Path(s)
Preconstruction Phase
27. 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.
Direct Material Costs
Superintendent
Milestone Schedule
Reimbursable Expense
28. 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.
Record Drawings
Guarantee
Budget Estimate
Record Drawings
29. 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.
Long-Lead Time
Notice to Proceed
Contract Administration
Project Meeting
30. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Contract Documents
Contract Document Phase
Schematic Design Phase
Completion Schedule
31. 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.
Preconstruction Phase
Start-Up
Direct Labor Costs
Bid Bond
32. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
Project Budget
Lien
Professional Liability Insurance
Approved Changes
33. 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.
Reimbursable Expense
Notice of Award
Escrow Account
Budget Estimate
34. 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
Substantial Completion
Reimbursable Expense
Project Budget
Preliminary Design Phase
35. 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
Life-Cycle Cost
Special Conditions
Contract Documents
36. 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.
Changed Conditions
Milestone Schedule
General Conditions (of the Contract for Construction)
Subcontractor
37. 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.
Contract Document Phase
Project Team
Record Drawings
apparent Low Bidder
38. A contract structure where both design and construction responsibility are vested in a single contractor.
Construction Manager
Special Conditions
Lump Sum Fee
Design-Build (D-B) Contracting
39. 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.
Contingencies
Occupancy Phase
Commissioning
Value Engineering
40. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Design Development Phase
Owner's Representative
Shop Drawings
Chart of Accounts
41. 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.
Final Design Phase
Specifications
Special Conditions
Schedule of Values
42. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Performance Bond
Preliminary Design Phase
Construction Schedule
Progress Payment
43. 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.
Contract Administration
Project Team
CM Services
Completion Schedule
44. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Bid
As-Built Drawings
Lien
Project Meeting
45. 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.
Estimated Final Cost
Contract Documents
General Conditions (of the Contract for Construction)
Schedule of Values
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.
Lump Sum Fee
Drawings
Shop Drawings
Guarantee
47. 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.
Changed Conditions
Project Manual
Change Order
Direct Costs
48. 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.
Progress Meeting
Chart of Accounts
Construction Schedule
Completion Schedule
49. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Preliminary Design Phase
Specifications
Professional Liability Insurance
apparent Low Bidder
50. The time between the purchase date and delivery date of long-lead items.
Lump Sum Fee
Budget Estimate
Long-Lead Time
CM Services