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Test your basic knowledge |
Construction Management
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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. 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
Approved Changes
Guaranteed Maximum Price CM (GMPCM)
Project Meeting
Field Construction Manager
2. 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.
Design Development Phase
Letter of Intent
Performance Bond
Clerk-of-the-Work
3. A fixed dollar amount which includes all costs of services including overhead and profit.
Changed Conditions
Schedule of Values
Lump Sum Fee
Chart of Accounts
4. 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.
Critical Path(s)
Long-Lead Items
Project Team
Subcontractor
5. 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
Start-Up
Budget Estimate
General Conditions (of the Contract for Construction)
6. 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
Chart of Accounts
Schedule of Values
Shop Drawings
7. The time between the purchase date and delivery date of long-lead items.
Contract Document Phase
Performance Bond
Lump Sum Fee
Budget Estimate
8. 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.
Life-Cycle Cost
Milestone Schedule
Project Manual
Guaranteed Maximum Price CM (GMPCM)
9. 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.
Checks and Balances
Project Manual
Contract Documents
Approved Bidders List
10. 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.
Special Conditions
Pre-design Phase
Claim
Schedule of Values
11. 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.
Project Budget
Record Drawings
Value Engineering
Chart of Accounts
12. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Bid
Performance Bond
Value Engineering
Design Development Phase
13. 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.
Guarantee
Escrow Account
Substantial Completion
Construction Documents
14. 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.
Record Drawings
Approved Bidders List
Estimated Cost to Complete
Value Engineering
15. 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.
Contract Administration
Schedule of Values
Letter of Intent
Warranty
16. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Escrow Account
Drawings
Changed Conditions
Contingencies
17. 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.
Value Engineering
General Contractor
Record Drawings
Construction Manager
18. 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
Guaranteed Maximum Price CM (GMPCM)
Shop Drawings
Direct Material Costs
19. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .
Budget Estimate
Guarantee
Change Order
Superintendent
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.
Change Order
Record Drawings
Subcontractor
Notice to Proceed
21. 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.
Preliminary Design Phase
Project Team
Escrow Account
Contingencies
22. Partial payments on a contractor's contract amount - periodically paid by the owner for work accomplished by the contractor to date.
Notice of Award
Progress Meeting
Progress Payment
Prime Contract
23. A contractor who has a contract with a prime contractor.
Letter of Intent
Subcontractor
Guarantee
Start-Up
24. 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)
Direct Material Costs
Milestone Schedule
25. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Drawings
RFP (Request For Proposal)
Technical Specifications
Conditions of the Contract
26. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Direct Material Costs
Contingencies
Progress Meeting
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.
Reimbursable Expense
Specifications
Direct Labor Costs
Clerk-of-the-Work
28. 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.
As-Built Drawings
Contingencies
Value Engineering
Change Order
29. 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
Occupancy Phase
Bid Bond
Prime Contract
Claim
30. All required phases prior to the start of construction.
Completion Schedule
Bid Bond
Commissioning
Preconstruction Phase
31. A contract structure where both design and construction responsibility are vested in a single contractor.
Professional Liability Insurance
Design-Build (D-B) Contracting
Escrow Account
As-Built Drawings
32. 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
Changed Conditions
Checks and Balances
Progress Meeting
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
Approved Bidders List
Direct Material Costs
Specifications
34. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.
Progress Meeting
Direct Costs
Chart of Accounts
Approved Changes
35. 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.
Claim
Life-Cycle Cost
Owner's Representative
Letter of Intent
36. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Letter of Intent
Special Conditions
Professional Liability Insurance
Warranty
37. The term used to describe the use of the overlapping expertise of each team member during team decision making.
Checks and Balances
Occupancy Phase
Labor and Material Bond
Field Construction Manager
38. 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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39. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.
Bid Depository
Warranty
Lump Sum Fee
Preliminary Design Phase
40. 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.
Contingencies
Fast-Track(ing)
CM Services
Project Budget
41. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Performance Bond
Conditions of the Contract
Prime Contract
Value Engineering
42. A technical review process; the close matching of engineering design to the value an owner derives from the design.
Value Engineering
Technical Specifications
Professional Liability Insurance
Superintendent
43. The initial Design Phase on an architectural project when the A/E delineates the owner's needs in a general way.
Schematic Design Phase
Milestone
Subcontractor
Letter of Intent
44. The point at which both parties to a contract declare the other has satisfactorily completed its responsibilities under the contract.
Reimbursable Expense
Claim
Conditions of the Contract
Final Completion
45. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Critical Path(s)
Guaranteed Maximum Price CM (GMPCM)
Contract Document Phase
Progress Meeting
46. 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
Subcontractor
Sub-subcontractor
Progress Meeting
47. All required phases prior to the start of construction.
Preconstruction Phase
Estimated Cost to Complete
As-Built Drawings
Sub-subcontractor
48. 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
Preliminary Design Phase
Project Budget
Estimated Cost to Complete
49. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
General Conditions (of the Contract for Construction)
Schedule of Values
Lien
Change Order
50. The second request for uniform detailed information from prospective CM practitioners being screened for a project.
Design Development Phase
General Contractor
RFP (Request For Proposal)
Preconstruction Phase