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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. 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.
Schedule of Values
Substantial Completion
Milestone
Preliminary Design Phase
2. An agreement by which a party accepts responsibility for fulfilling an obligation.
Long-Lead Time
Value Engineering
Guarantee
Lump Sum Fee
3. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Chart of Accounts
Design Development Phase
Labor and Material Bond
Construction Schedule
4. Also: Feasibility Phase The phase prior to the start of design.
General Conditions (of the Contract for Construction)
Bid
Pre-design Phase
Final Design Phase
5. The bidder who has submitted the lowest competitive proposal as determined by a cursory examination of the bids submitted.
Budget Estimate
apparent Low Bidder
Letter of Intent
Notice of Award
6. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Schematic Design Phase
Technical Specifications
Construction Budget
As-Built Drawings
7. All required phases prior to the start of construction.
Preconstruction Phase
Completion Schedule
Professional Liability Insurance
CM Services
8. 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
Long-Lead Time
Project Meeting
General Contractor
9. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Substantial Completion
Special Conditions
Progress Payment
Final Completion
10. 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.
Notice of Award
Design-Build (D-B) Contractor
Milestone
Design-Build (D-B) Contractor
11. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Commissioning
Guarantee
Bid
Pre-design Phase
12. 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
Progress Meeting
Project Budget
Contract Document Phase
13. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Estimated Cost to Complete
Substantial Completion
Checks and Balances
Changed Conditions
14. An individual employed by an owner to represent him on a project at the site of the work. The clerk-of- the-work's abilities - credentials - and responsibilities vary at the discretion of the owner.
Critical Path(s)
Construction Budget
Clerk-of-the-Work
Specifications
15. A person assigned to a project to represent the owner on the project team at one to the three management levels.
16. The time between the purchase date and delivery date of long-lead items.
Contract Document Phase
Long-Lead Time
Lump Sum Fee
Design-Build (D-B) Contracting
17. 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.
Milestone Schedule
Letter of Intent
Progress Payment
Direct Material Costs
18. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Long-Lead Time
Lien
Pre-design Phase
Schematic Design Phase
19. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Contract Documents
Contract Administration
Claim
20. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.
Long-Lead Time
Life-Cycle Cost
Escrow Account
Notice of Award
21. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Letter of Intent
Notice to Proceed
Special Conditions
Project Meeting
22. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
RFP (Request For Proposal)
Schedule of Values
Chart of Accounts
Bid Depository
23. 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.
Direct Material Costs
Substantial Completion
General Contractor
General Conditions (of the Contract for Construction)
24. 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.
Technical Specifications
Substantial Completion
Claim
Value Engineering
25. 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.
Special Conditions
Progress Meeting
Escrow Account
Performance Bond
26. 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.
Direct Material Costs
Project Team
Shop Drawings
Prime Contract
27. 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.
Completion Schedule
Project Meeting
Preconstruction Phase
Schedule of Values
28. A contract structure where both design and construction responsibility are vested in a single contractor.
Design-Build (D-B) Contracting
Design Development Phase
Notice to Proceed
Record Drawings
29. 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.
Chart of Accounts
Critical Path(s)
Guaranteed Maximum Price CM (GMPCM)
Commissioning
30. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Claim
Construction Management
Progress Payment
Chart of Accounts
31. A contract structure where both design and construction responsibility are vested in a single contractor.
Professional Liability Insurance
Lump Sum Fee
Design-Build (D-B) Contracting
Conditions of the Contract
32. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Field Construction Manager
Long-Lead Items
Special Conditions
Shop Drawings
33. 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
Life-Cycle Cost
Clerk-of-the-Work
Professional Liability Insurance
34. 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.
Occupancy Phase
Schematic Design Phase
Lump Sum Fee
General Conditions (of the Contract for Construction)
35. An individual employed by an owner to represent him on a project at the site of the work. The clerk-of- the-work's abilities - credentials - and responsibilities vary at the discretion of the owner.
Final Design Phase
Clerk-of-the-Work
Conditions of the Contract
Drawings
36. 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.
Estimated Cost to Complete
Bid Bond
Chart of Accounts
Start-Up
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.
Fast-Track(ing)
Record Drawings
Long-Lead Time
Letter of Intent
38. 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
Value Engineering
Field Construction Manager
Schedule of Values
General Conditions (of the Contract for Construction)
39. Also: Feasibility Phase The phase prior to the start of design.
General Conditions (of the Contract for Construction)
Technical Specifications
Pre-design Phase
Schedule of Values
40. A person assigned to a project to represent the owner on the project team at one to the three management levels.
41. 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
Change Order
Commissioning
Bid Bond
Occupancy Phase
42. 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.
As-Built Drawings
Design Development Phase
Design-Build (D-B) Contractor
Value Engineering
43. 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
Direct Material Costs
Claim
Special Conditions
44. 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.
Warranty
Budget Estimate
Conditions of the Contract
Construction Management
45. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Progress Meeting
Shop Drawings
Preliminary Design Phase
Direct Material Costs
46. 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.
Estimated Cost to Complete
Conditions of the Contract
Record Drawings
Reimbursable Expense
47. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Construction Budget
Preliminary Design Phase
Critical Path(s)
Design-Build (D-B) Contracting
48. 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.
Conditions of the Contract
Checks and Balances
Bid Depository
Final Design Phase
49. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Contract Document Phase
Pre-design Phase
General Conditions (of the Contract for Construction)
Final Completion
50. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Final Design Phase
Drawings
Field Construction Manager
Professional Liability Insurance