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






2. 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.






3. 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






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






5. Also: Supplementary Conditions Amendments to the General Conditions that change standard requirements to unique requirements - appropriate for a specific project.






6. 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.






7. 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.






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






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






10. 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.






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






12. Also: Guarantee Assurance by a providing party that the work - material - and equipment under warranty will perform as promised or as required by contract.






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






14. 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.






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






16. 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.






17. 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






18. 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.






19. 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






20. 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.






21. 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.






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






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






24. 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






25. 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.






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






27. The term used on architectural projects to describe the transitional phase from the Schematic Phase to the Contract Document during design.






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






29. A contractor who has a contract with a subcontractor.






30. Check: Surety; Performance Bond A guarantee provided by a surety to pay claims against the owner from contractors and suppliers who have not been paid for labor - material - and equipment incorporated into the project.






31. A schedule of milestones spanning from the start of construction to occupancy - used as the main measure of progress to keep the project on schedule.






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






33. 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.






34. 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.






35. 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.






36. All required phases prior to the start of construction.






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.






38. 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.






39. 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.






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






41. Costs accruing from expended labor excluding the bonus portion of overtime - insurances - and payroll taxes.






42. 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






43. Servicing the interactive provisions in the contracts for construction between the owner and the contractor(s).






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






45. 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.






46. A contractor that provides design and construction services under a single responsibility contract to an owner .






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






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






49. Also: Detailed Construction Schedule A graphic - tabular or narrative representation or depiction of the construction portion of the project- delivery process - showing activities and durations or activities in sequential order.






50. 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.