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Construction Management

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. A job title usually reserved for the administrative level person who supervises the work of an on-site contractor .






2. 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






3. 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.






4. 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.






5. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.






6. The designation used by engineers for the last portion of the design process prior to bidding.






7. The second request for uniform detailed information from prospective CM practitioners being screened for a project.






8. 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






9. 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






10. 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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11. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.






12. A fixed dollar amount which includes all costs of services including overhead and profit.






13. The list of contractors that have survived prequalification tests.






14. The cost of purchasing - installing - owning - operating - and maintaining a construction element over the life of the facility.






15. 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.






16. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.






17. 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.






18. Changes of any nature in contract requirements which have been agreed upon through a change approval process and approved by the owner.






19. The time between the purchase date and delivery date of long-lead items.






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.






21. 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






22. A business entity that provides independent contractor services to owners through the use of subcontractors when using the general contracting system.






23. 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.






24. Applies to engineering projects; the initial design effort following signing of the owner; engineer agreement. It is followed by the Final Design Phase.






25. 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.






26. Selected strategic events of signal importance to progress used in the milestone schedule.






27. A contract structure where both design and construction responsibility are vested in a single contractor.






28. 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.






29. 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.






30. 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.






31. 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.






32. 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.






33. Drawings - technical specification - and addenda; the contract documents that refer to the physical construction requirements established by the A/E.






34. The term used to describe the use of the overlapping expertise of each team member during team decision making.






35. 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.






36. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.






37. An agreement by which a party accepts responsibility for fulfilling an obligation.






38. 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.






39. 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.






40. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.






41. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.






42. Also: Feasibility Phase The phase prior to the start of design.






43. A professional service that applies effective management techniques to the planning - design - and construction of a project form inception to completion for the purpose of controlling time - cost and quality. (As approved by CMAA) OR A project deliv






44. 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






45. 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.






46. 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.






47. Term that refers to the General Conditions and the Supplementary and Special Conditions of the contract for construction.






48. Line-item amounts in the project budget - dedicated to specific cost areas where oversight is an inherent problem in project delivery.






49. A contract held by an owner.






50. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.