and Answers
What is risk management? - correct answer-✅Cost, time, safety, quality, legal
How is risk identified? - correct answer-✅Design, Location, Owner, Schedule, Cost, Team
Performance Bond - correct answer-✅also known as a contract bond, is a surety bond issued by an
insurance company or a bank to guarantee satisfactory completion of a project by a contractor.
Contract Indemnification - correct answer-✅A clause generally included in most contracts to provide
financial compensation for one party as a result of the potential act or omission of another party in the
contract
contingency - correct answer-✅Is a percentage of a contract value set aside for unpredictable changes
in the scope of the work - typically 5-10%
Joint Venture - correct answer-✅a business entity created by two or more parties, generally
characterized by shared ownership, shared returns and risks, and shared governance.
retention provides - correct answer-✅assurance to an individual that a job will be completed.
latent design defect - correct answer-✅it is the nature of construction projects that faults and defects
caused by failures in design, workmanship for materials, may not become apparent or readily detectable
until many years after completion of the project, long after the end of the defect liability period
Project Closeout - correct answer-✅Final phase of a construction project and a vital part of construction
management services. This phase occurs after physical construction has been completed, but before the
project is actually turned over to the owner.
Gnatt Chart - correct answer-✅show the dependency relationships between activities and current
schedule status.
Baseline Schedule - correct answer-✅One of the main project management documents that should be
created before the project starts. It sets out the project execution strategy, key project deliverables,
activity planned dates and milestones
Critical Path - correct answer-✅sequence or order of schedule activities that will make up the entire
duration of a project. It represents the longest path through the entirety of the project. Shown in RED
Float - correct answer-✅amount of time a particular activity can be delayed without that activity
delaying the project's completion date.
Short Interval Production (SIP) Schedule - correct answer-✅reevaluates the progress of a project
regularly and adjusts the schedule to ensure the project happens as efficiently as possible. It ties in with
other strategies, like lean, agile, and work breakdown structure to build a comprehensive strategy
Last Planner System - correct answer-✅a realistic way to collaboratively manage project-based
production. It enables issues to be identified and resolved and increases the chances that workflows and
projects are completed on time.
construction sequence - correct answer-✅layout, excavation, superstructure, envelope, finishes,
hardscape/landscape and testing.
site logistics plan - correct answer-✅A layout plan identifying the placement of all temporary facilities
needed during the construction stage of the project, such as the office trailer, crane, storage, security
fencing, dumpsters, and portable toilets.
Lay Down Area - correct answer-✅also known as the staging area and includes the location for:
storage and material, deliveries, assembly or certain work, part of site logistics plan
SWPPP (Stormwater pollution prevention plan) - correct answer-✅a site-specific document or collection
of documents that identifies the potential sources of stormwater pollution, describes stormwater control
measures, such as BMPs, to reduce or eliminate the identified pollutant.
, Concrete and Tire Wash Station - correct answer-✅Area where the concrete trucks may unload the
excess concrete when washing the truck and/or pump
Material/Equipment Delivery Tracking Log - correct answer-✅Shows at least submittal dates, approval
date, fabrication time (lead time), release dates, date needed on site, date available, actual delivery and
contact information for supplier
Superintendent Meeting - correct answer-✅Daily or weekly, field foreman and superintendent, review
their individual project progress, goals, results, schedule, activities, manpower, workload, equipment
requirements, material needs
each foreman or supervisor reports individually on his or her trade
Superintendent Daily logs - correct answer-✅Tracks the Weather, Manpower counts by trade, Number
of trades, Area of work by trade, Daily Progress, Deliveries, Equipment on site, Safety, etc
Field Engineering - correct answer-✅Involves Surveying work such as layout, elevations, slab edges, etc.
Project Administration - correct answer-✅Competing (bidding), Planning, Communicating,
documenting, and keeping a permanent record of all actions undertaken during the building
construction process.
Notice to Proceed - correct answer-✅The first formal communication under the construction contract. It
contains two basic provisions: - It accepts the bid submitted by the contractor
-It establishes a start date and completion date
Meeting Minutes - correct answer-✅There are several types of meetings held by the contractor on the
project site. Minutes should be kept for all meetings, especially ones involving job progress.
Request for Information (RFI) - correct answer-✅seeks the clarification of plans, drawings,
specifications, and agreements.
Submittals - correct answer-✅Data, samples, details, colors, and product literature required by the
terms of the contract to be presented to the architect by the contractor for approval prior to ordering
and installing them.
Shop Drawings - correct answer-✅Translate the intent of the design documents (plans/specs) into a
buildable system. They are detailed and precise so review can be time consuming
Construction transmittal - correct answer-✅is the cover sheet used to transmit a submittal for review. It
includes the name of the submitter, the reviewer, the date and a unique numbering label for that
particular submittal. This number includes the specification number in addition to other sequencing
numbers
Daily Reports - correct answer-✅A record of the day-to-day activities and conditions on the job site.
Progress Photographs - correct answer-✅Taken periodically or when specific events warrant. The date
and location of photos should be noted. Also useful for RFIs and punch list items. A picture is worth a
thousand words!
Monthly Reports - correct answer-✅Serve as an executive document intended for the owner or owner's
reps.
Change Orders - correct answer-✅A change on the project (money and/or time) after the contract is
signed. When approved by the owner, a change order becomes part of the contract
Pre-Construction - correct answer-✅Includes: Estimating Design and Planning assist through: 3D
imagining, 4D scheduling, virtual mockups, etc
Quantity Surveyor - correct answer-✅A construction industry professional with expert knowledge on
construction costs and contracts.
Take Off - correct answer-✅Entails the calculation of all materials, equipment and man-hours needed to
complete the work
Direct Cost - correct answer-✅The cost of work that goes into the building: Materials, Labor, Equipment