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ARE 5.0 - PCM Exam > AHPP Chapter 10 - Design Project Management > Flashcards

AHPP Chapter 10 - Design Project Management Flashcards

1
Q

What are the major groups of a project manager’s activities?

A
  • Organizing the project
  • Facilitating the work
  • Effect of client expectations on the project
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2
Q

What are the two sides to project management?

A
  • The Objective: services defined in the contracts

- The Subjective: motivating team members, leading conflict resolution, being a good listener, etc. (intangibles)

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3
Q

What is a major difference between a Pyramid firm structure and a Matrix firm structure, with regards to project management?

A

In a pyramid system, the principal is the only project manager (along with many other duties) the matrix system allows for other employees to be PMs and for the principal to be free for other duties.

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4
Q

What are some components of a project work plan?

A
  1. Project description and client requirements
  2. Statement of deliverables
  3. Team organization
  4. Responsibility matrix
  5. Preliminary project schedule
  6. Preliminary staffing needs
  7. Project directory
  8. Internal project budget and profit plan
  9. Code information (optional)
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5
Q

What is a Memoranda?

A
  • used to provide an understanding of the detail of an assignment that has been accepted by a team member.
  • Can be done with e-mail
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6
Q

What is Net service revenue (NSR)?

A

Net fee determined by subtracting consultant fees from the gross fee for the project

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7
Q

What is Planned Cost?

A

Labor hours and dollar amounts planned at project initiation

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8
Q

What is Job-to-date (JTD)?

A

Labor hours and dollar amounts spent as of the current date

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9
Q

What is Estimate-to-complete (ETC)?

A

Labor hours and dollar amounts estimated from current

date to project completion

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10
Q

What is Estimate-at-completion (AEC)?

A

JTD plus ETC labor hours and dollar amounts estimated at project completion

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11
Q

What is Planned Estimate at Completion?

A

Over/under calculation indicating labor hours and

dollar amounts at project completion relative to planned estimates

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12
Q

What is Percent Complete?

A

Current work in place for the project, phase, or task, expressed as a subjective percent complete and not based on the percentage of labor hours or dollar
amounts spent

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13
Q

What is the formula for Break-even multiplier?

A

(direct labor + overhead)/direct labor

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14
Q

What is the formula for Overhead multiplier?

A

Overhead/direct labor

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15
Q

What is the Effective Multiplier formula ?

A

Current, subjective percent complete/direct labor

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16
Q

What is the Target multiplier formula ?

A

Firm-wide standard target multiplier, including profit target

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17
Q

What is the Planned Mulitplier formula ?

A

Net service revenue/planned cost

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18
Q

What is the Estimate-at-completion multiplier formula?

A

Total NSR/EAC labor costs

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19
Q

What are billed/invoiced amounts?

A

Amounts billed to clients based on contract compensation amounts and percent complete

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20
Q

What are Earned Revenue Amounts?

A

Revenue recognized in the accrual accounting system based on subjective percent complete times net service revenue

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21
Q

What are Billed-not-earned (BNE) amounts?

A

Amounts billed to the client but not recognized as earned revenue in the accrual accounting system

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22
Q

What are Earned-not-billed (ENB) amounts?

A

Amounts recognized as earned revenue in the accrual

accounting system but not billed to the client

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23
Q

What is planned labor?

A

Raw labor costs determined from bottom-up project work plan

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24
Q

What is Job-to-date (JTD) labor?

A

Raw labor costs expended on the project from the start date to the current date

25
Q

What is Estimate-to-complete (ETC) labor?

A

Raw labor costs estimated to be expended on the

project from the current date to the project completion date.

26
Q

What is Estimate-at-Completion (EAC) labor?

A

The sum of JTD labor and ETC labor

27
Q

What is planned-EAC labor?

A

The planned labor costs minus the EAC labor costs. A positive amount projects less labor will be used at the end of the project than planned, resulting in a multiplier and profit above the target. Likewise, a negative number projects a multiplier and profit below the target.

28
Q

What are the stages of effective work plan development and utilization?

A

PDCA!

  • Plan
  • Do
  • Check
  • Adjust
29
Q

What is Net Service Revenue, and how is it calculated?

A

Net fee determined by subtracting consultant fees from the gross fee for the project.

Planned Raw Labor Costs X Targer Multiplier = compensation (NSR)

30
Q

What is Planned Cost?

A

Labor hours and dollar amounts planned a project initiation.

31
Q

What are some common deliverables during SD?

A
  • Site Plan
  • Floor Plan
  • Elevations
  • Key Sections
  • Written narrative
  • Tabulation of building area
  • Preliminary construction cost estimate
32
Q

What are some examples of Additional Services?

A
  • Programming
  • Space planning
  • Landscape design
  • Signage
  • Furniture Selection
33
Q

What is an addendum?

A

a modifi cation to the procurement documents issued for bid or negotiation. Addenda can be issued any time before the owner-contractor agreement is executed, but are typically issued until some predetermined time before the bid opening.

34
Q

What is an allowance?

A

is an amount of money or quantity of materials identified by bidders for work that is not completely defined in the procurement documents.

35
Q

What is a bid alternate?

A

is a portion of the work defined in the procurement documents for which separate pricing is to be identified in bidders’ proposals.

36
Q

What is a base bid?

A

is the construction cost proposed by a contractor for the full scope of the work, without any bid alternate pricing.

37
Q

What is a Payment Bond?

A

also known as a labor and materials payment bond, is an amount of money guaranteeing that the contractor will pay subcontractors, vendors, and suppliers for their work. This protects owners against potential mechanic’s liens and
construction delays.

38
Q

What is a Performance Bond?

A

is a guarantee by an entity which ensures that, should the contractor default during construction, there are sufficient funds to complete the project.

39
Q

What is a Privately Funded Project?

A

is one for which none of the funding is provided by a public agency.

40
Q

What is a Publicly Funded Project?

A

has a portion of the funding provided by a public entity, such as federal, state, or local government.

41
Q

What is a qualifications-based selection (QBS)?

A

the owner selects a contractor solely on the

basis of the contractor’s qualifications.

42
Q

What is a responsible bidder?

A

is one who can demonstrate financial capacity to perform the contracted work.

43
Q

What is a responsive bid?

A

one in which all bidding requirements, including all the elements of the bid form, have been satisfactorily completed.

44
Q

What is value-based selection (VBS)?

A

the owner selects a contractor based on the
weighted values of multiple criteria, including construction cost or fee and proposed schedule, as well as qualifications-based criteria such as past experience on similar projects and proposed personnel.

45
Q

What is the standard contract between an Owner and a CM-Adviser?

A

C132

46
Q

What is the standard contract used for Design-bid-build (DBB)?

A

A101

47
Q

What is the standard contract used for Multiple-Prime (MP)?

A

A101 (One per contractor)

48
Q

What are the four categories of prices common to all bidding approaches?

A
  • Construction Costs
  • Contingencies
  • Contractor’s Overhead
  • Profit
49
Q

What is a stipulated sum?

A

(Lump sum or fixed sum bid)

  • Offered as a single number
  • Includes construction cost, contingencies, contractor overhead, profit, bonds, and similar costs
50
Q

What is a Guaranteed Maximum Price (GMP)?

A
  • Highest cost of construction guaranteed by the contractor
  • Developed before the completion of CDs
  • Some contingency must be planned for
  • USED: for accelerated schedules
51
Q

What is a cost plus bid?

A

(Time and material or T&M pricing)

  • Based on the actual cost of the work
  • Labor is reimbursed
  • USED: small-scale projects, projects where existing conditions are unkown, scope is difficult to define, or for change orders in stipulated or GMP
52
Q

What is Unit Pricing?

A
  • USED: when project scope is unkown.

- Contractor compensated based on number of units based on unit price

53
Q

What is Target pricing?

A
  • The greatest project scope that can be built for a target price. Instead of the lowest price for a given scope like every other bidding style.
54
Q

When is a building considered “Substantially Complete”?

A
  • When a building (or designated portion of it) is sufficiently complete for the owner to occupy or use it for its intended purpose.
55
Q

What is a punch list?

A
  • A list of items remaining for completion or correction at the time of substantial completion.
56
Q

What is the AIA document number for the Substantial Completion Certification?

A

AIA G704

can be modified for sub-consultants

57
Q

What are some examples of post-construction work that an architect can do for the owner?

A
  • Interior design
  • Post-occupancy evaluation
  • Commissioning
  • LEED Certification
  • Facility Support Services
58
Q

What is the AIA document D200?

A

Project Checklist! Includes:

  • Maintenance and operations
  • Start-up assistance
  • Record drawing
  • Warranty review
  • Post-contract evaluation
59
Q

What is commissioning?

A

Essentially a quality assurance test once the building is complete.

ARE 5.0 - PCM Exam (14 decks)

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