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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. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Lien
Substantial Completion
Warranty
Lump Sum Fee
2. 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.
Life-Cycle Cost
Labor and Material Bond
Bid Depository
Project Manual
3. 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.
Professional Liability Insurance
Reimbursable Expense
Sub-subcontractor
Drawings
4. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.
Chart of Accounts
RFP (Request For Proposal)
Direct Material Costs
Contingencies
5. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.
Design Development Phase
Lump Sum Fee
Preliminary Design Phase
Lump Sum Fee
6. A binding offer - usually expressed in dollars to provide specific services within clearly stated requirements.
Bid
Progress Payment
Labor and Material Bond
Reimbursable Expense
7. Also: Product Data; Samples Detailed information provided by material and equipment suppliers demonstrating that the item provided meets the requirements of the contract documents.
Shop Drawings
Direct Material Costs
Construction Management
Critical Path(s)
8. A fixed dollar amount which includes all costs of services including overhead and profit.
Preconstruction Phase
Lump Sum Fee
Subcontractor
Long-Lead Time
9. Also: Site Coordination Meeting - Coordination meeting A meeting dedicated essentially to contractor progress during the construction phase.
Progress Payment
Milestone Schedule
Preliminary Design Phase
Progress Meeting
10. The designation used by engineers for the last portion of the design process prior to bidding.
Project Team
Final Design Phase
Guaranteed Maximum Price CM (GMPCM)
Bid
11. 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.
Lump Sum Fee
Clerk-of-the-Work
Sub-subcontractor
Guaranteed Maximum Price CM (GMPCM)
12. An agreement by which a party accepts responsibility for fulfilling an obligation.
Lien
Critical Path(s)
Schedule of Values
Guarantee
13. The final phase of design on an architectural project when construction documents are completed and bidding documents formulated.
Contract Administration
Contract Document Phase
Direct Material Costs
Milestone
14. 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.
Project Meeting
Design-Build (D-B) Contractor
Direct Labor Costs
Lump Sum Fee
15. Check: Commissioning; Beneficial Occupancy The period prior to owner occupancy when mechanical - electrical - and other systems are activated and the owner's operating and maintenance staff are instructed in their use.
Start-Up
Lump Sum Fee
apparent Low Bidder
Design-Build (D-B) Contracting
16. 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.
Preconstruction Phase
Direct Costs
Special Conditions
Notice to Proceed
17. Also: Feasibility Phase The phase prior to the start of design.
Bid
Pre-design Phase
Schedule of Values
Special Conditions
18. Written criteria that augment the drawings pertaining to the technical construction of the project that cannot be conveniently included on the plans.
Technical Specifications
Long-Lead Time
Conditions of the Contract
Start-Up
19. The list of contractors that have survived prequalification tests.
Approved Bidders List
Project Meeting
Clerk-of-the-Work
Drawings
20. A contract held by an owner.
Reimbursable Expense
Preconstruction Phase
Prime Contract
Budget Estimate
21. A contract structure where both design and construction responsibility are vested in a single contractor.
Estimated Final Cost
Design-Build (D-B) Contracting
Shop Drawings
Checks and Balances
22. Also: Feasibility Phase The phase prior to the start of design.
Pre-design Phase
Project Team
Bid Depository
Estimated Final Cost
23. 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.
Project Meeting
CM Services
Substantial Completion
Prime Contract
24. 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
Direct Material Costs
General Conditions (of the Contract for Construction)
Completion Schedule
25. 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.
Letter of Intent
Field Construction Manager
Project Team
Lien
26. Also: Mechanic's Lien The right to take - hold - or sell the property of a debtor as security or payment for a debt.
Drawings
Letter of Intent
Lien
Bid Bond
27. A contractor who has a contract with a prime contractor.
Subcontractor
Change Order
Schematic Design Phase
Progress Payment
28. 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.
Technical Specifications
Sub-subcontractor
Reimbursable Expense
Specifications
29. 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.
Notice to Proceed
Superintendent
Field Construction Manager
Lien
30. Detailed statements covering procedures - and quantitative and qualitative and qualitative information pertaining to material - products - and equipment to be incorporated into a project.
Letter of Intent
Substantial Completion
Direct Material Costs
Specifications
31. 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.
Changed Conditions
Conditions of the Contract
Project Budget
Schedule of Values
32. A contractor that provides design and construction services under a single responsibility contract to an owner .
Fast-Track(ing)
Design-Build (D-B) Contractor
Critical Path(s)
Occupancy Phase
33. A contractor who has a contract with a subcontractor.
Letter of Intent
Shop Drawings
Sub-subcontractor
Completion Schedule
34. 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.
Construction Management
Conditions of the Contract
Special Conditions
Clerk-of-the-Work
35. 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
Commissioning
As-Built Drawings
Pre-design Phase
36. Graphic representations showing location - geometry - and dimensions of a project or its elements in sufficient detail to facilitate construction.
Construction Budget
Drawings
Professional Liability Insurance
apparent Low Bidder
37. 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.
Professional Liability Insurance
Guarantee
Letter of Intent
Long-Lead Items
38. A contractor that provides design and construction services under a single responsibility contract to an owner .
Clerk-of-the-Work
Reimbursable Expense
Design-Build (D-B) Contractor
Chart of Accounts
39. 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.
Field Construction Manager
Chart of Accounts
Project Manual
Professional Liability Insurance
40. 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
Checks and Balances
Project Budget
Lien
Bid Depository
41. 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.
Preconstruction Phase
General Conditions (of the Contract for Construction)
Construction Management
Start-Up
42. 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.
Claim
Contract Document Phase
Design Development Phase
Commissioning
43. 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
Lien
CM Services
Lump Sum Fee
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
Drawings
CM Services
Performance Bond
Preliminary Design Phase
45. The target cost figure covering the construction phase of a project. It includes the cost of contracts with trade contractors - construction support items other purchased labor - material and equipment - and the construction manager's cost but not th
Construction Documents
Construction Manager
Letter of Intent
Construction Budget
46. The list of contractors that have survived prequalification tests.
Estimated Cost to Complete
Guarantee
Schematic Design Phase
Approved Bidders List
47. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
apparent Low Bidder
Performance Bond
Special Conditions
Chart of Accounts
48. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).
Changed Conditions
Contract Administration
Field Construction Manager
Performance Bond
49. 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 Costs
Design-Build (D-B) Contracting
Substantial Completion
Direct Labor Costs
50. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.
Claim
Budget Estimate
Special Conditions
Prime Contract