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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. 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.
Contract Document Phase
Approved Changes
Change Order
Labor and Material Bond
2. 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.
CM Services
Sub-subcontractor
Project Budget
Schedule of Values
3. 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.
Subcontractor
General Conditions (of the Contract for Construction)
Performance Bond
Commissioning
4. 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.
Estimated Cost to Complete
Budget Estimate
Change Order
Design-Build (D-B) Contracting
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
Substantial Completion
Long-Lead Items
Lump Sum Fee
6. Selected strategic events of signal importance to progress used in the milestone schedule.
Lien
Direct Labor Costs
Commissioning
Milestone
7. The time between the purchase date and delivery date of long-lead items.
Field Construction Manager
Final Design Phase
Progress Meeting
Lump Sum Fee
8. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
Notice of Award
Approved Changes
Contingencies
Fast-Track(ing)
9. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Completion Schedule
Design-Build (D-B) Contracting
Approved Bidders List
Design Development Phase
10. 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.
Design-Build (D-B) Contracting
Fast-Track(ing)
Claim
Direct Costs
11. A contractor who has a contract with a prime contractor.
Conditions of the Contract
Bid
Labor and Material Bond
Subcontractor
12. 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.
Construction Schedule
Project Team
General Conditions (of the Contract for Construction)
Notice of Award
13. The designation used by engineers for the last portion of the design process prior to bidding.
Final Design Phase
Estimated Cost to Complete
General Conditions (of the Contract for Construction)
Labor and Material Bond
14. 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.
Prime Contract
Approved Changes
Direct Costs
RFP (Request For Proposal)
15. A contract held by an owner.
Guaranteed Maximum Price CM (GMPCM)
Changed Conditions
Prime Contract
Occupancy Phase
16. 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
Milestone
Progress Payment
Design-Build (D-B) Contracting
Performance Bond
17. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Substantial Completion
Estimated Cost to Complete
Bid
Drawings
18. Also: Contract Modification The document that alters the contract amount - contract time - or contract requirements of the original contract entered into by the owner and a contractor.
Project Team
Changed Conditions
Change Order
Bid Bond
19. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Direct Costs
Final Design Phase
Record Drawings
Conditions of the Contract
20. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Construction Manager
Owner's Representative
Milestone
RFP (Request For Proposal)
21. 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.
Notice to Proceed
Professional Liability Insurance
Reimbursable Expense
Project Meeting
22. A contractor who has a contract with a prime contractor.
Preconstruction Phase
Estimated Cost to Complete
Lien
Subcontractor
23. All required phases prior to the start of construction.
Performance Bond
Progress Payment
Milestone Schedule
Preconstruction Phase
24. 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.
Start-Up
Guaranteed Maximum Price CM (GMPCM)
Direct Labor Costs
Schedule of Values
25. 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
Reimbursable Expense
Claim
Start-Up
Bid Bond
26. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.
Direct Labor Costs
Construction Documents
Special Conditions
Milestone Schedule
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
Construction Budget
Construction Management
Project Budget
Long-Lead Items
28. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
General Contractor
Lump Sum Fee
Contract Administration
Approved Changes
29. 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.
Long-Lead Time
Contract Administration
Start-Up
Contract Document Phase
30. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
apparent Low Bidder
Progress Payment
Subcontractor
Bid Depository
31. A contractor who has a contract with a subcontractor.
Lien
Direct Costs
Sub-subcontractor
Estimated Final Cost
32. 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
Field Construction Manager
Reimbursable Expense
As-Built Drawings
Notice of Award
33. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.
Direct Costs
Warranty
Technical Specifications
Owner's Representative
34. The designation used by engineers for the last portion of the design process prior to bidding.
Special Conditions
Commissioning
Final Design Phase
Guaranteed Maximum Price CM (GMPCM)
35. 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.
Performance Bond
Final Design Phase
Commissioning
Milestone Schedule
36. 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.
Approved Bidders List
Long-Lead Items
Changed Conditions
Notice of Award
37. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Preconstruction Phase
Technical Specifications
Approved Bidders List
Conditions of the Contract
38. 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.
Completion Schedule
Lien
Schedule of Values
Project Budget
39. 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.
Budget Estimate
Milestone Schedule
Construction Schedule
Chart of Accounts
40. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Life-Cycle Cost
Conditions of the Contract
Shop Drawings
As-Built Drawings
41. 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.
Notice to Proceed
Schedule of Values
Letter of Intent
Construction Manager
42. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Special Conditions
Specifications
Owner's Representative
Record Drawings
43. Also: Feasibility Phase The phase prior to the start of design.
Project Team
Value Engineering
Guaranteed Maximum Price CM (GMPCM)
Pre-design Phase
44. A contract held by an owner.
Notice of Award
Field Construction Manager
Prime Contract
Construction Schedule
45. 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.
Subcontractor
Life-Cycle Cost
Labor and Material Bond
Direct Labor Costs
46. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Clerk-of-the-Work
Pre-design Phase
Specifications
As-Built Drawings
47. 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
Design-Build (D-B) Contracting
Direct Costs
Milestone Schedule
48. 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.
Record Drawings
Budget Estimate
Contract Documents
Conditions of the Contract
49. 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 Documents
Design-Build (D-B) Contracting
Claim
Notice of Award
50. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.
Conditions of the Contract
Changed Conditions
Approved Changes
Occupancy Phase