TCM 121 Exam 1 Basic terms and
knowledge QUESTIONS AND ANSWERS
Design Team - ANS>>Architects, engineers, other consultants
ll ll ll ll ll ll
Construction team - ANS>>general contractor, subcontractors, suppliers
ll ll ll ll ll ll
Owner group - ANS>>developer/owner, financers, user groups
ll ll ll ll ll ll
Design/Bid/Build - ANS>>-The owner hires separate design and construction teams ll ll ll ll ll ll ll ll ll
-Separate entities provide checks and balances
ll ll ll ll ll
-Difficult to integrate construction expertise into the design
ll ll ll ll ll ll ll
-less risk ll
-1. owner 2. G. contractor or architect 3. Subcontractor
ll ll ll ll ll ll ll ll
-
Design/Build - ANS>>-owner hires single design and construction entity
ll ll ll ll ll ll ll ll
1. owner 2. architect (design) - contractor
ll ll ll ll ll ll
Fixed fee (lump sum) - ANS>>Owner pays an agreed, fixed amount for work to be performed,
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
GC assumes most risk or potential reward for unplanned construction costs or savings
ll ll ll ll ll ll ll ll ll ll ll ll ll
Cost Plus a Fee - ANS>>Owner pays GC's direct costs plus an added fee, owner assumes more
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
cost risk/ savings reward potential.
ll ll ll ll ll
, Incentive provisions - ANS>>financially reward the contractor for the timely completion of cost
ll ll ll ll ll ll ll ll ll ll ll ll
savings
ll
Surety Bonds - ANS>>purchased by the owner, protect against contractor default
ll ll ll ll ll ll ll ll ll ll
Construction Scheduling - ANS>>understanding the interdependencies in time and space
ll ll ll ll ll ll ll ll ll
between parts of the building is essential to planning the construction project
ll ll ll ll ll ll ll ll ll ll ll ll
*Sequential Construction - ANS>>- Each major phase begins only after the preceding phase is
ll ll ll ll ll ll ll ll ll ll ll ll ll
complete
ll
-Design is completed before construction begins
ll ll ll ll ll
Phased Construction - ANS>>-Design and Construction phases overlap
ll ll ll ll ll ll ll
-The aim is to reduce the total project duration
ll ll ll ll ll ll ll ll
Gantt Chart - ANS>>-Represents project tasks or phases on a horizontal timeline
ll ll ll ll ll ll ll ll ll ll ll
-Provide an easy-to-understand picture of a project schedule and relationships between phases.
ll ll ll ll ll ll ll ll ll ll ll
Critical Path Method (CPM) - ANS>>-the sequence of tasks that determines the least amount of
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
time in which a project can be completed
ll ll ll ll ll ll ll ll
-Analyzes task dependencies ll ll
Longest path ll
General Contractor - ANS>>-Oversees construction
ll ll ll ll
-controls the project site ll ll ll
-manages trades and suppliers ll ll ll
knowledge QUESTIONS AND ANSWERS
Design Team - ANS>>Architects, engineers, other consultants
ll ll ll ll ll ll
Construction team - ANS>>general contractor, subcontractors, suppliers
ll ll ll ll ll ll
Owner group - ANS>>developer/owner, financers, user groups
ll ll ll ll ll ll
Design/Bid/Build - ANS>>-The owner hires separate design and construction teams ll ll ll ll ll ll ll ll ll
-Separate entities provide checks and balances
ll ll ll ll ll
-Difficult to integrate construction expertise into the design
ll ll ll ll ll ll ll
-less risk ll
-1. owner 2. G. contractor or architect 3. Subcontractor
ll ll ll ll ll ll ll ll
-
Design/Build - ANS>>-owner hires single design and construction entity
ll ll ll ll ll ll ll ll
1. owner 2. architect (design) - contractor
ll ll ll ll ll ll
Fixed fee (lump sum) - ANS>>Owner pays an agreed, fixed amount for work to be performed,
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
GC assumes most risk or potential reward for unplanned construction costs or savings
ll ll ll ll ll ll ll ll ll ll ll ll ll
Cost Plus a Fee - ANS>>Owner pays GC's direct costs plus an added fee, owner assumes more
ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll ll
cost risk/ savings reward potential.
ll ll ll ll ll
, Incentive provisions - ANS>>financially reward the contractor for the timely completion of cost
ll ll ll ll ll ll ll ll ll ll ll ll
savings
ll
Surety Bonds - ANS>>purchased by the owner, protect against contractor default
ll ll ll ll ll ll ll ll ll ll
Construction Scheduling - ANS>>understanding the interdependencies in time and space
ll ll ll ll ll ll ll ll ll
between parts of the building is essential to planning the construction project
ll ll ll ll ll ll ll ll ll ll ll ll
*Sequential Construction - ANS>>- Each major phase begins only after the preceding phase is
ll ll ll ll ll ll ll ll ll ll ll ll ll
complete
ll
-Design is completed before construction begins
ll ll ll ll ll
Phased Construction - ANS>>-Design and Construction phases overlap
ll ll ll ll ll ll ll
-The aim is to reduce the total project duration
ll ll ll ll ll ll ll ll
Gantt Chart - ANS>>-Represents project tasks or phases on a horizontal timeline
ll ll ll ll ll ll ll ll ll ll ll
-Provide an easy-to-understand picture of a project schedule and relationships between phases.
ll ll ll ll ll ll ll ll ll ll ll
Critical Path Method (CPM) - ANS>>-the sequence of tasks that determines the least amount of
ll ll ll ll ll ll ll ll ll ll ll ll ll ll
time in which a project can be completed
ll ll ll ll ll ll ll ll
-Analyzes task dependencies ll ll
Longest path ll
General Contractor - ANS>>-Oversees construction
ll ll ll ll
-controls the project site ll ll ll
-manages trades and suppliers ll ll ll
