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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. 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
Construction Schedule
Preconstruction Phase
Long-Lead Items
2. 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
Lien
Field Construction Manager
Reimbursable Expense
Escrow Account
3. 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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4. 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.
Contingencies
Lien
Construction Manager
Preconstruction Phase
5. 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.
Design-Build (D-B) Contractor
Schedule of Values
Approved Changes
Milestone Schedule
6. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Superintendent
Progress Meeting
Direct Material Costs
Completion Schedule
7. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.
Contract Document Phase
Occupancy Phase
Construction Budget
General Contractor
8. 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.
Prime Contract
Project Team
Claim
Construction Schedule
9. 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.
Reimbursable Expense
Progress Payment
Contract Documents
Direct Costs
10. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Final Completion
Approved Bidders List
Special Conditions
Schematic Design Phase
11. An agreement by which a party accepts responsibility for fulfilling an obligation.
Construction Manager
Letter of Intent
Occupancy Phase
Guarantee
12. 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
As-Built Drawings
Occupancy Phase
Milestone Schedule
Construction Budget
13. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
As-Built Drawings
Owner's Representative
Construction Schedule
Contract Document Phase
14. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Lump Sum Fee
Owner's Representative
Approved Bidders List
Bid
15. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.
Design Development Phase
Preconstruction Phase
Contingencies
Record Drawings
16. 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.
Professional Liability Insurance
Project Team
Guaranteed Maximum Price CM (GMPCM)
Direct Costs
17. 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)
Shop Drawings
Fast-Track(ing)
Labor and Material Bond
18. 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
Escrow Account
Long-Lead Time
Project Manual
19. 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.
Construction Management
Construction Schedule
Completion Schedule
Project Meeting
20. 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.
Contract Administration
Completion Schedule
Schedule of Values
Notice to Proceed
21. A contractor who has a contract with a subcontractor.
Checks and Balances
Sub-subcontractor
Milestone
Construction Manager
22. 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.
Escrow Account
Progress Payment
Claim
Escrow Account
23. A contractor that provides design and construction services under a single responsibility contract to an owner .
Schematic Design Phase
Schedule of Values
Design-Build (D-B) Contractor
Contingencies
24. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Fast-Track(ing)
Warranty
Occupancy Phase
Drawings
25. 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.
Change Order
Warranty
Warranty
Contract Documents
26. The list of contractors that have survived prequalification tests.
Approved Bidders List
Design-Build (D-B) Contractor
Guaranteed Maximum Price CM (GMPCM)
Final Design Phase
27. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Life-Cycle Cost
Design-Build (D-B) Contractor
Final Completion
Direct Labor Costs
28. 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
Critical Path(s)
Design-Build (D-B) Contractor
Conditions of the Contract
Project Manual
29. 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
Milestone
Special Conditions
Project Manual
Contract Documents
30. 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.
Chart of Accounts
Notice of Award
Conditions of the Contract
Budget Estimate
31. 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
Special Conditions
Approved Changes
Construction Manager
Project Budget
32. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Final Completion
Guarantee
Lump Sum Fee
Guaranteed Maximum Price CM (GMPCM)
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.
Shop Drawings
Long-Lead Time
Performance Bond
Escrow Account
34. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
apparent Low Bidder
Lien
Construction Management
Specifications
35. 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.
Lump Sum Fee
Drawings
Construction Manager
Professional Liability Insurance
36. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Start-Up
Value Engineering
RFP (Request For Proposal)
Bid Bond
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.
Design-Build (D-B) Contracting
Schematic Design Phase
Record Drawings
Guaranteed Maximum Price CM (GMPCM)
38. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Completion Schedule
Project Manual
Long-Lead Time
Design Development Phase
39. A contract held by an owner.
Drawings
Direct Costs
Prime Contract
Escrow Account
40. 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.
Occupancy Phase
Project Budget
Design-Build (D-B) Contracting
Letter of Intent
41. 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.
Shop Drawings
Milestone Schedule
Progress Payment
Letter of Intent
42. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Value Engineering
Technical Specifications
Milestone
Milestone
43. 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.
Estimated Cost to Complete
Contingencies
Chart of Accounts
Commissioning
44. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Direct Material Costs
Budget Estimate
RFP (Request For Proposal)
Construction Manager
45. 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.
Claim
Project Meeting
Final Design Phase
Schematic Design Phase
46. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Milestone Schedule
Record Drawings
Progress Payment
Subcontractor
47. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Progress Payment
Construction Budget
Drawings
Fast-Track(ing)
48. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Design Development Phase
Contract Documents
Life-Cycle Cost
As-Built Drawings
49. 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.
Project Team
Contract Document Phase
Long-Lead Time
Claim
50. All required phases prior to the start of construction.
Milestone Schedule
Preconstruction Phase
Occupancy Phase
Progress Meeting