Overall Flashcards

1
Q

Are two of the most important tasks of the field management team.

A

Control of time and cost

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2
Q

Are normally separate tasks on the jobsite.

A

Control of cost and control of time.

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3
Q

the superintendent’s method for constructing the project.

A

The project plan

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4
Q

The _______ is the communications tool of the project plan.

A

schedules

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5
Q

Compares the estimated and actual cost.

Should match activities done in the field.

A

Cost control

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6
Q

was the first application adopted

A

Computerized accounting

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7
Q

The use of computers in the ________ process has been slower in coming

A

estimating

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8
Q

Other major areas of computer adoption

A

Communications and networking
Contract and document management
Photographic documentation

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9
Q

Require careful processing by the contractor

A

Changes to the contract

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10
Q

Specific procedures are continued in each contract relating to the process flow of change requests, change orders, and claims.
A variety of forms and correspondence is necessary in the change order process.
Some provide a complete set of forms
Proper use provides a uniform and systematic way of dealing with change

A

Changes and claims

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11
Q
  1. The subcontractors’ proposals
  2. Changes to subcontract amounts
  3. Changes to the contract with the owner
A

The contractor must manage:

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12
Q

Changes can be managed without producing claims

A

Pursuit of claims can be expensive

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13
Q

Are an important part of contract administration for the contractor.

A

Progress payments

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14
Q

The contractor prepares a _________ at the start of a project.

A

schedule of values and a cash flow projection

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15
Q

a list of the amounts for work activities

A

Schedule of values

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16
Q

an estimate of progress payments throughout the project.

A

Cash flow projection

17
Q

Most contracts use a standard format for

A

progress payments

18
Q
  1. Inspection and testing
  2. Operation and maintenance testing
  3. Record drawings must be completed
  4. And more!
A

Project closeout

19
Q

must be made for all subcontractors and contracts prior to final payment.

A

Financial Resolution

20
Q

the contractor must store the necessary documents for reference

A

during concluding

21
Q

Efficient procedures allows for the contract to proceed to other work.

A

Efficient procedures