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Construction Management exam prep- Questions and 100% Correct Answers

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Construction Management exam prep- Questions and 100% Correct Answers

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Construction Management exam prep-
Questions and 100% Correct Answers
Public-private partnership - ✔✔A business venture approach whereby a public sector
authority and a private enterprise join forces and combine resources to deliver
government projects aimed at serving the public good.



Request for proposals - ✔✔RFP) A solicitation document, written by the owner
requesting pricing and a technical solution for design and/or construction services



Request for qualifications - ✔✔A document issued by the owner prior to an RFP to
solicit contractor or design-builder qualifications. The RFQ may be used by the owner to
shortlist potential proposers, or it may be used by itself as the final competitive
submittal employed in qualifications-based selection.



Responsive bid (or proposal) - ✔✔A bid or proposal package that meets all of the
requirements of the solicitation instrument.



Shortlisting - ✔✔Narrowing the field of offers through the selection of the most
qualified proposers on the basis of qualifications



Technical proposal - ✔✔The part of the design-build proposal that contains the
conceptual design for the project. It may also include information regarding schedule,
team makeup, or overall management plan for the project.



Weighted Criteria - ✔✔An evaluation method used in best-value selection in which
maximum point values are assessed for qualitative and price components of a proposal.
Contract award is based upon the highest total points earned.

,Why is open bidding required on public projects? - ✔✔Public projects use public
funds which require that certain regulations be followed.


Name a tool used to reduce the number of bidders on a public project and increase the
quality of the contractor pool. - ✔✔Prequalification uses financial, management and
other qualitative data to determine whether a contractor is qualified for a job.



What is the purpose of a labor and materials payment bond? - ✔✔A labor and
materials payment bond is a guarantee, backed by a surety, that the labor and materials
used in completing a project will be made.


Identify the notice document that informs the public of upcoming construction projects
funded with taxpayer dollars. - ✔✔An advertisement for bids is an announcement,
usually posted electronically through a construction leads service, that informs the
public of upcoming projects.


Name the three selection methods used to buy construction services, and identify the
solicitation instrument used for each one. - ✔✔• Low-Bid Selection is commonly
associated with tradition design-bid-build project delivery and utilizes the invitation for
bids.
• Best-Value Selection commonly utilizes a Request for Proposals.
• Qualifications-based selection utilizes a Request for Qualifications.


Which procurement method is the most commonly used today, and what the selection
criteria used to determine the winner? - ✔✔Design-bid-build is the most common
used procurement method used and utilized the low-bid selection criteria.


What is the name of the official document that the owner uses to notify the contractor
to start construction? - ✔✔The notice to proceed informs the contractor of when to
start construction.

, Name the two primary selection criteria categories considered when using the best-
value method. - ✔✔The two primary selection categories are price (quantitative) and
technical aspects (qualitative).



Describe how the weighted criteria evaluation process works. - ✔✔Weighted criteria
is a form of best-value selection in which maximum point values are pre-established for
qualitative and price components and award is based upon high total points earned by
the proposers for both components.


List at least three factors that are commonly considered before deciding to bid on a
construction job. - ✔✔Who the owner is, who the architect is, location of the project,
type of project, size of project



Agency CM - ✔✔A fee based service provided by a construction management
company in which the construction manager is responsible exclusively to the owner and
acts in the owner's best interest at all stages of the project. The construction manager
offer advice and project management to the owner but is not financially responsible for
the construction.



Architectural Programming - ✔✔The research and decision-making process, initiated
by the owner, usually with the help of an architect or other programming specialist, that
identifies the basic needs of the client and the parameters of the project to be designed
and ultimately built by a construction professional



At-risk CM - ✔✔A project delivery method where the construction manager acts as a
consultant to the owner in the development and design phases but as the equivalent of
a general contractor during the construction phase
o GMP (Guaranteed Maximum Price)

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