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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.
Warranty
Lump Sum Fee
Construction Documents
Value Engineering
2. 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.
Drawings
Direct Labor Costs
Contract Documents
Clerk-of-the-Work
3. 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.
Contract Administration
Sub-subcontractor
apparent Low Bidder
Chart of Accounts
4. 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 Schedule
Life-Cycle Cost
Milestone Schedule
Guaranteed Maximum Price CM (GMPCM)
5. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Changed Conditions
Final Design Phase
Letter of Intent
Technical Specifications
6. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Bid
Changed Conditions
apparent Low Bidder
Commissioning
7. 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.
Chart of Accounts
General Conditions (of the Contract for Construction)
Approved Changes
Long-Lead Items
8. 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.
General Contractor
Technical Specifications
Completion Schedule
Warranty
9. 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.
Contract Documents
Construction Budget
Estimated Cost to Complete
Budget Estimate
10. 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
Conditions of the Contract
Schedule of Values
Project Budget
Claim
11. 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
Project Budget
Bid Bond
Long-Lead Items
Approved Changes
12. Selected strategic events of signal importance to progress used in the milestone schedule.
Notice to Proceed
Final Design Phase
Milestone
Preconstruction Phase
13. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Progress Meeting
Progress Payment
Preliminary Design Phase
Commissioning
14. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Life-Cycle Cost
Construction Schedule
Shop Drawings
apparent Low Bidder
15. 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
Technical Specifications
Bid Depository
Subcontractor
16. 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
Final Completion
Field Construction Manager
Start-Up
Contract Documents
17. 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
Performance Bond
Specifications
Contract Documents
Long-Lead Time
18. 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.
Construction Manager
Milestone Schedule
Life-Cycle Cost
Schedule of Values
19. 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.
Record Drawings
Project Team
Guarantee
Owner's Representative
20. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Long-Lead Items
Notice to Proceed
Drawings
Escrow Account
21. 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.
Value Engineering
Bid Bond
Schematic Design Phase
Letter of Intent
22. 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
Escrow Account
Contingencies
Completion Schedule
23. The time between the purchase date and delivery date of long-lead items.
Contract Documents
Technical Specifications
Occupancy Phase
Lump Sum Fee
24. A fixed dollar amount which includes all costs of services including overhead and profit.
Design-Build (D-B) Contracting
Project Meeting
Estimated Cost to Complete
Lump Sum Fee
25. 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)
Changed Conditions
Notice of Award
Prime Contract
26. 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.
Direct Labor Costs
Schedule of Values
Preconstruction Phase
Notice of Award
27. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Milestone
Construction Budget
Design-Build (D-B) Contracting
Progress Payment
28. 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.
Schedule of Values
Value Engineering
Substantial Completion
Milestone
29. Also: Feasibility Phase The phase prior to the start of design.
Construction Manager
CM Services
Chart of Accounts
Pre-design Phase
30. 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.
Progress Meeting
Construction Manager
Estimated Final Cost
CM Services
31. 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
Pre-design Phase
Project Manual
Critical Path(s)
Change Order
32. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Estimated Cost to Complete
Preliminary Design Phase
Direct Labor Costs
Contract Administration
33. 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.
Completion Schedule
Progress Meeting
Long-Lead Items
Budget Estimate
34. 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.
Warranty
Estimated Cost to Complete
Bid Depository
Direct Labor Costs
35. 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.
Budget Estimate
Notice of Award
Escrow Account
Long-Lead Time
36. The time between the purchase date and delivery date of long-lead items.
Notice of Award
Long-Lead Time
Value Engineering
Design Development Phase
37. 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.
Project Meeting
Shop Drawings
Construction Documents
Lump Sum Fee
38. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Conditions of the Contract
Final Completion
Drawings
Value Engineering
39. 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.
Budget Estimate
Specifications
Notice of Award
Completion Schedule
40. The list of contractors that have survived prequalification tests.
Record Drawings
Schedule of Values
Approved Bidders List
Reimbursable Expense
41. 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.
Guarantee
Guaranteed Maximum Price CM (GMPCM)
Direct Material Costs
As-Built Drawings
42. 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)
Progress Meeting
Schematic Design Phase
Contingencies
43. 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.
Commissioning
General Contractor
Construction Manager
Escrow Account
44. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
RFP (Request For Proposal)
Pre-design Phase
Superintendent
Direct Labor Costs
45. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Long-Lead Time
Progress Payment
Pre-design Phase
Life-Cycle Cost
46. 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
Superintendent
Performance Bond
Estimated Cost to Complete
Progress Meeting
47. 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.
General Conditions (of the Contract for Construction)
Special Conditions
Construction Budget
Fast-Track(ing)
48. 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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49. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
Approved Changes
Notice of Award
Progress Payment
Change Order
50. 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
Conditions of the Contract
Bid Bond
Occupancy Phase
apparent Low Bidder