CERTIFIED CONSTRUCTION MANAGER EXAM
REFERENCE QUESTION AND CORRECT ANSWERS
UPDATED 2026
As-Built Drawings -CORRECT ANSWERS- It is also called as record drawings.
Shop Drawings -CORRECT ANSWERS- Drawings typically prepared by the contractor, based upon the
contract documents and provided in sufficient detail that indicate to the designer that the contractor
intends to construct the referenced work in a manner that is consistent with the design intent and the
contract documents.
Guarantee -CORRECT ANSWERS- A legally enforceable assurance by the contractor and/or a third party
of satisfactory performance of products or workmanship during a specific period of time stated and
included in the contract.
Warranty -CORRECT ANSWERS- Assurance by a party that it will assume stipulated responsibility for its
own work.
Bid Bond -CORRECT ANSWERS- A pledge from a surety to pay the bond amount to the owner in the
event the bidder defaults on its commitment to enter into a contract to perform the work described in
the bid documents for the bid price.
Bond -CORRECT ANSWERS- A pledge from a surety guaranteeing the performance of the obligation
defined in the bond, including the completion of work or payment of the bond amount to the obligee
(owner or contractor) in the event of a default, or non-payment by a principal (contractor or
subcontractor), as with bid, performance and labor and material bonds.
Performance Bond -CORRECT ANSWERS- A pledge from a surety guaranteeing the performance of the
work or payment of the bond amount to the obligee (owner or contractor) in the event of a default in
performance of contractual obligations.
Lien -CORRECT ANSWERS- A claim, encumbrance, or charge against or an interest in property to secure
payment of a debt or performance of an obligation.
, Progress Payment -CORRECT ANSWERS- Partial payment of the contract amount periodically paid by the
owner, upon approval by the CM, verifying that portions of the work have been accomplished.
Claim -CORRECT ANSWERS- A formal demand for compensation, filed by a contractor or the owner with
the other party, in accordance with provisions of the contract documents.
Penalty -CORRECT ANSWERS- A punitive measure, usually associated with failure to fulfil a contractual
obligation.
Liquidated Damages -CORRECT ANSWERS- An amount of money usually set on a per day basis, which the
contractor agrees to pay the owner for delay in completing the work in accordance with the contract
documents.
Change Order -CORRECT ANSWERS- A written agreement or directive between contracted parties which
represents an addition, deletion, or revision to the contract documents, identifies the change in price
and time and describes the nature (scope) of the work involved. Also known as a contract modification.
Field Order -CORRECT ANSWERS- An order issued at the site by the owner or CM to clarify and/or
require the contractor(s) to perform work not included in the contract documents. A field order
normally represents a minor change not involving a change in contract price or time and may or may not
be the basis of a change order.
Force Account -CORRECT ANSWERS- Directed work accomplished by the contractor outside of the
contract agreement usually paid for on a time and material basis.
Construction Management -CORRECT ANSWERS- A professional management practice applied to
construction projects from project inception to completion for the purpose of controlling time, cost,
scope and quality.
Owner Construction Management -CORRECT ANSWERS- A form of Construction Management that does
not use an independent Construction Management organization as a team member. The owner
performs all required Construction Management services with in-house staff.
REFERENCE QUESTION AND CORRECT ANSWERS
UPDATED 2026
As-Built Drawings -CORRECT ANSWERS- It is also called as record drawings.
Shop Drawings -CORRECT ANSWERS- Drawings typically prepared by the contractor, based upon the
contract documents and provided in sufficient detail that indicate to the designer that the contractor
intends to construct the referenced work in a manner that is consistent with the design intent and the
contract documents.
Guarantee -CORRECT ANSWERS- A legally enforceable assurance by the contractor and/or a third party
of satisfactory performance of products or workmanship during a specific period of time stated and
included in the contract.
Warranty -CORRECT ANSWERS- Assurance by a party that it will assume stipulated responsibility for its
own work.
Bid Bond -CORRECT ANSWERS- A pledge from a surety to pay the bond amount to the owner in the
event the bidder defaults on its commitment to enter into a contract to perform the work described in
the bid documents for the bid price.
Bond -CORRECT ANSWERS- A pledge from a surety guaranteeing the performance of the obligation
defined in the bond, including the completion of work or payment of the bond amount to the obligee
(owner or contractor) in the event of a default, or non-payment by a principal (contractor or
subcontractor), as with bid, performance and labor and material bonds.
Performance Bond -CORRECT ANSWERS- A pledge from a surety guaranteeing the performance of the
work or payment of the bond amount to the obligee (owner or contractor) in the event of a default in
performance of contractual obligations.
Lien -CORRECT ANSWERS- A claim, encumbrance, or charge against or an interest in property to secure
payment of a debt or performance of an obligation.
, Progress Payment -CORRECT ANSWERS- Partial payment of the contract amount periodically paid by the
owner, upon approval by the CM, verifying that portions of the work have been accomplished.
Claim -CORRECT ANSWERS- A formal demand for compensation, filed by a contractor or the owner with
the other party, in accordance with provisions of the contract documents.
Penalty -CORRECT ANSWERS- A punitive measure, usually associated with failure to fulfil a contractual
obligation.
Liquidated Damages -CORRECT ANSWERS- An amount of money usually set on a per day basis, which the
contractor agrees to pay the owner for delay in completing the work in accordance with the contract
documents.
Change Order -CORRECT ANSWERS- A written agreement or directive between contracted parties which
represents an addition, deletion, or revision to the contract documents, identifies the change in price
and time and describes the nature (scope) of the work involved. Also known as a contract modification.
Field Order -CORRECT ANSWERS- An order issued at the site by the owner or CM to clarify and/or
require the contractor(s) to perform work not included in the contract documents. A field order
normally represents a minor change not involving a change in contract price or time and may or may not
be the basis of a change order.
Force Account -CORRECT ANSWERS- Directed work accomplished by the contractor outside of the
contract agreement usually paid for on a time and material basis.
Construction Management -CORRECT ANSWERS- A professional management practice applied to
construction projects from project inception to completion for the purpose of controlling time, cost,
scope and quality.
Owner Construction Management -CORRECT ANSWERS- A form of Construction Management that does
not use an independent Construction Management organization as a team member. The owner
performs all required Construction Management services with in-house staff.
