Construction Management Exam 1
Lively quality control software - ANS-procedure that anticipates and forestalls nice manipulate
problems in preference to just responding to and correcting deficiencies
additive alternates - ANS-alternates which add to the base bid if selected through the owner
agency construction management transport technique - ANS-a delivery method wherein the
owner has three contracts: one with the architect, one with the overall contractor, and one with
the development manager. The creation manager acts as the owner's agent but has no
contractual authority over the architect or the general contractor
settlement - ANS-a report that sets forth the provisions, duties, and duties of events to a
contract. Standard sorts of agreement are to be had from expert agencies
amendments or addenda - ANS-additions to or modifications in bid files issued previous to bid
and settlement award
American Institute of Architects (AIA) - ANS-a countrywide association that promotes the
exercise of architecture and publishes many popular agreement paperwork used within the
construction enterprise
arbitration - ANS-technique of dispute decision in which an arbitrator or a panel of arbitrators
evaluates the arguments of the respective parties and renders a deision
arrow-diagramming method - ANS-scheduling technique that makes use of arrows to depict
activities and nodes to depict occasions or dates
as-construct drawings - ANS-contractor-corrected construction drawings depicting real
dimensions, elevations, and conditions of in-vicinity built paintings
as-built time table - ANS-marked-up, designated schedule depicting actual start and completion
dates, periods, deliveries, and restraint activities
Associated General Contractors of America (AGC) - ANS-a country wide trade association
basically made up of construction companies and creation industry experts. It publishes many
standard agreement forms used within the creation industry
automobile coverage - ANS-protects the contractor in opposition to claims from another birthday
party for physical injury or assets damage because of contractor-owned, -leaded, or -rented
cars and system operated over the toll road
, again fee - ANS-preferred contractor fee in opposition to a subcontractor for paintings the
overall contractor achieved on behalf of the subcontractor
bar chart agenda - ANS-time-established time table system without nodes which could or won't
encompass restraint traces
bid bond - ANS-a surety instrument that guarantees that the contractor, if awarded the
agreement, will enter into a binding settlement for the fee bid and offer all required bonds. A
usually used shape is AIA report A310
bid security - ANS-cash placed in escrow, a cashier's check, or bid bond offered as guarantee to
an proprietor that the bid is valid and that the bidder will input right into a contract for that rate
bid purchasing - ANS-unethical preferred contractor activity of sharing subcontractor bid values
with the subcontractor's competition in order to drive down prices
bridging delivery approach - ANS-a hybrid of the traditional and the design-build delivery
strategies. The proprietor contracts with a layout corporation for the education of partial design
files, then selects a design-build company to complete the design and construct the venture
construct-perform-transfer - ANS-a delivery method in which a unmarried contractor is
responsible for financing the design and creation of a project and is paid an annual charge to
operate the completed task for a period of time, consisting of thirty years
builder's threat coverage - ANS-protects the contractor within the occasion that the challenge is
broken or destroyed even as under construction
buyout - ANS-the process of awarding subcontracts and issuing buy orders for materials and
equipment
buyout log - ANS-a challenge management report this is used for making plans and monitoring
the buyout technique
cash go with the flow curve - ANS-a plot of the anticipated price of labor to be finished each
month for the duration of the development of a undertaking
cash-loaded agenda - ANS-a time table wherein the value of each pastime is distributed across
the activity, and month-to-month fees are summed to provide a cash flow curve
certificate of insurance - ANS-a report issued by means of a licensed consultant of an insurance
employer stating the sorts, amounts, and effective dates of coverage for a designated insured
exchange order proposal log - ANS-a log listing all exchange order proposals indicating dates of
initiation, approval, and incorporation as final exchange orders
Lively quality control software - ANS-procedure that anticipates and forestalls nice manipulate
problems in preference to just responding to and correcting deficiencies
additive alternates - ANS-alternates which add to the base bid if selected through the owner
agency construction management transport technique - ANS-a delivery method wherein the
owner has three contracts: one with the architect, one with the overall contractor, and one with
the development manager. The creation manager acts as the owner's agent but has no
contractual authority over the architect or the general contractor
settlement - ANS-a report that sets forth the provisions, duties, and duties of events to a
contract. Standard sorts of agreement are to be had from expert agencies
amendments or addenda - ANS-additions to or modifications in bid files issued previous to bid
and settlement award
American Institute of Architects (AIA) - ANS-a countrywide association that promotes the
exercise of architecture and publishes many popular agreement paperwork used within the
construction enterprise
arbitration - ANS-technique of dispute decision in which an arbitrator or a panel of arbitrators
evaluates the arguments of the respective parties and renders a deision
arrow-diagramming method - ANS-scheduling technique that makes use of arrows to depict
activities and nodes to depict occasions or dates
as-construct drawings - ANS-contractor-corrected construction drawings depicting real
dimensions, elevations, and conditions of in-vicinity built paintings
as-built time table - ANS-marked-up, designated schedule depicting actual start and completion
dates, periods, deliveries, and restraint activities
Associated General Contractors of America (AGC) - ANS-a country wide trade association
basically made up of construction companies and creation industry experts. It publishes many
standard agreement forms used within the creation industry
automobile coverage - ANS-protects the contractor in opposition to claims from another birthday
party for physical injury or assets damage because of contractor-owned, -leaded, or -rented
cars and system operated over the toll road
, again fee - ANS-preferred contractor fee in opposition to a subcontractor for paintings the
overall contractor achieved on behalf of the subcontractor
bar chart agenda - ANS-time-established time table system without nodes which could or won't
encompass restraint traces
bid bond - ANS-a surety instrument that guarantees that the contractor, if awarded the
agreement, will enter into a binding settlement for the fee bid and offer all required bonds. A
usually used shape is AIA report A310
bid security - ANS-cash placed in escrow, a cashier's check, or bid bond offered as guarantee to
an proprietor that the bid is valid and that the bidder will input right into a contract for that rate
bid purchasing - ANS-unethical preferred contractor activity of sharing subcontractor bid values
with the subcontractor's competition in order to drive down prices
bridging delivery approach - ANS-a hybrid of the traditional and the design-build delivery
strategies. The proprietor contracts with a layout corporation for the education of partial design
files, then selects a design-build company to complete the design and construct the venture
construct-perform-transfer - ANS-a delivery method in which a unmarried contractor is
responsible for financing the design and creation of a project and is paid an annual charge to
operate the completed task for a period of time, consisting of thirty years
builder's threat coverage - ANS-protects the contractor within the occasion that the challenge is
broken or destroyed even as under construction
buyout - ANS-the process of awarding subcontracts and issuing buy orders for materials and
equipment
buyout log - ANS-a challenge management report this is used for making plans and monitoring
the buyout technique
cash go with the flow curve - ANS-a plot of the anticipated price of labor to be finished each
month for the duration of the development of a undertaking
cash-loaded agenda - ANS-a time table wherein the value of each pastime is distributed across
the activity, and month-to-month fees are summed to provide a cash flow curve
certificate of insurance - ANS-a report issued by means of a licensed consultant of an insurance
employer stating the sorts, amounts, and effective dates of coverage for a designated insured
exchange order proposal log - ANS-a log listing all exchange order proposals indicating dates of
initiation, approval, and incorporation as final exchange orders
