ANSWERS | RATED A+
1. Building Information Modeling (BIM) - CORRECT ANSWER -"Enables project
participants to access various digital models throughout the design process
without having to wait for paper drawings to be produced and delivered."
2. Lump Sum Fee - CORRECT ANSWER -"Is a fixed-price agreement, broken
down into phases: preliminary, design development, construction documents,
and construction administration. This is generally calculated from an
estimate by the designer for the amount of work (hours) necessary by task."
3. Fixed Percentage of Cost Fee - CORRECT ANSWER -"Used on larger projects of
known
scope and budget. It is also often used as a comparator between different
consultants."
4. Time and Materials Fee - CORRECT ANSWER -"Used for projects of unknown
scope. The fees are directly charged based on the hourly rates and the number
of hours required to perform a task."
5. Letter of Intent (LOI) - CORRECT ANSWER -"Defines the general terms and
conditions of a transaction and provides the basis for the drafting of a
subsequent agreement."
6. Ground Lease - CORRECT ANSWER -"A lease of extended duration that is
frequently structured to allow the construction of improvements by the lessee
on an institution's land."
7. Easement - CORRECT ANSWER -"Also known as deeded rights-of-way,
involving the long- term or permanent conveyance between parties of certain
rights, privileges, and
interests in property."
,8. Repair - CORRECT ANSWER -"Reconstruction or renewal of any part of
an existing building for the purpose of maintaining it."
9. Alteration - CORRECT ANSWER -"Construction or renovation to an existing
structure rather than repair or addition."
10. Restoration - CORRECT ANSWER -"The process of accurately reconstructing or
repairing the forms and details of a building or structure or portion thereof as
it appeared at a particular period or periods of time by means of removal of
later work and/or the
replacement of missing original work."
11. Preservation - CORRECT ANSWER -"The act or process of applying measures
necessary to sustain the existing form, integrity, and materials of a historic
property."
12. Rehabilitation - CORRECT ANSWER -"The act or process of making possible a
compatible use for a property through repair, alterations, and additions while
preserving those
portions or features that convey its historical, cultural, or architectural values."
13. Adaptive Re-use - CORRECT ANSWER -"A change of use where an existing
building that has served a particular use is altered to accommodate a new
use. For instance, a
classroom building may be renovated for use as a residence hall."
14. Renovation - CORRECT ANSWER -"Something more than simple repair or
routine maintenance. For example, different types of renovation include major
repair, alteration, and restoration."
15. Existing Conditions Survey - CORRECT ANSWER -"Identifies and documents the
condition of existing finishes, structural systems, and other building systems.
The survey should include a thorough evaluation of the building's exterior
envelope, including the roof, windows, and wall construction."
, 16. Feasibility Study - CORRECT ANSWER -"An assessment or conceptual plan,
based on information about existing conditions, to determine whether a
building could be renovated to accommodate a proposed program."
17. Historic Structure Report - CORRECT ANSWER -"The guiding document
for the renovation of a historic building. This report incorporates the
existing conditions information with a description of the building's history
and its character-defining features that are unique and make the
building historically significant."
18. Value Management - CORRECT ANSWER -"A concept that embraces the
design of facilities while balancing appropriate but sometimes competing
program, quality,
performance, and cost requirements. A creative, function-oriented, organized
approach to optimizing the total cost and performance of a facility or service."
19. Value Engineering (VE) - CORRECT ANSWER -"A systematic process relying on
the use of concepts and techniques that identify and analyze the function of the
project
components and systems. A process aimed at reducing construction costs
without sacrificing project function, quality, or reliability."
20. 90/10 Rule - CORRECT ANSWER -"Decisions made during the first 10 percent of a
project's effort determine 90 percent of a project's outcome, particularly as it
relates to cost and schedule."
21. Life Cycle Costing - CORRECT ANSWER -"Estimating procedure used to
determine the cost of a facility system or component renewal based on the
average useful life of an individual component. Typically based on visual
observations, using a facilities condition assessment/audit, to determine the
remaining useful life of a system."
22. Leadership in Energy and Environmental Design (LEED) - CORRECT ANSWER -
"A green building certification system developed by the U.S. Green Building
Council, that provides third-party verification that a building or community was
designed and built using