Project Management Flashcards

1
Q

Retainage at substantial completion is often equal to what?

A

Contractor’s profit (5-20%, commonly 10%)

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2
Q

Components of the Contract Documents

A

Contracts, Gen Conditions, Supplemental Conditions, Drawings, Specs, Addenda and Modifications to the contract (Change order, CCD, ASI). Anything to do with bidding is NOT included.

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3
Q

Procedures for submitting shop drawings are included in what spec section?

A

Division 01 Gen Requirements

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4
Q

Supplemental Conditions

A

A503, prepared by owner. Includes legal rights and responsibilities that may vary from one project to another including insurance, indemnification, liquidated damages, legal requirements of the jurisdiction, fiduciary obligations.

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5
Q

What items does the IBC require in the drawings?

A

Fire Protection shop drawings (submitted after permit)
Structural live loads
Site Plan
Exterior Wall envelope

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6
Q

What items does the IECC require in the drawings?

A

Mechanical system design criteria

Insulation materials and their R-values

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7
Q

Easiest type of spec to write

A

Proprietary or Base bid w/ alternates /Closed, followed by base bid with alternates

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8
Q

Hardest type of spec to write

A

Descriptive or Reference /Open (requires knowing all the attributes)

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9
Q

Types of closed specs

A

aka Prescriptive
Proprietary
Base bid with alternates
Base bid or approved equal

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10
Q

Types of open specs

A

aka Performance
Descriptive specification
Reference standard specification

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11
Q

Which types of projects use open specs?

A

Public projects to encourage competitive bidding
Project with tight budget that needs to find the lowest cost for each spec
Design-build project that allows for contractor choice to fit in budget

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12
Q

Spec section for Communications

A

27

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13
Q

Spec section for Fire Protection

A

21

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14
Q

Spec section for integrated automation

A

24

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15
Q

Spec section for plumbing

A

22

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16
Q

Spec section for Electrical

A

26

17
Q

Spec section for HVAC

A

23

18
Q

Spec section for vertical transportation

A

14

19
Q

Spec section for special construction and what is it

A
13
Structures made from unconventional materials
Special purpose rooms
Towers
Geodesic domes
Pre-engineered structures
Swimming pools
Kennels
X-ray rooms
Control of sound/vibration
Seismic control
20
Q

Spec section for furniture

A

12

21
Q

Spec section for earthwork

A

31

22
Q

Spec section for electronic safety/security

A

28

23
Q

Spec section for exterior improvements and what is it

A
32
Fences/gates
Paving/surfacing
Retaining walls
Site furnishings
Screens
Irrigation
Planting
24
Q

Spec section for utilities

A

33

25
Q

Spec section for specialties and what is it

A
10
Non-standard construction, small, installed in multiples
Visual display boards
Lockers
Corner guards
26
Q

Spec section for equipment and what is it

A

11
Indispensible items for the function of a building, larger, more expensive than division 10 and requires coordination with other disciplines
Library carrels, checkout desk, book depository
Bank vault, teller stations and safety deposit boxes
Bowling alley lanes

27
Q

What does the project manual include?

A

Bidding requirements and forms
Contract information, including the owner-contractor agreement, bonds, etc.
General and supplementary conditions of the contract
Specifications
NOT: addenda or drawings

28
Q

Calculating current cost based on Inflation

A

Pn=P(1+i)^n
Example: The 2005 estimated cost of a project is $100,000. Calculate the expected cost of the project in 2010. Assume a 3% inflation rate.
Pn = $100,000(1+0.03)^5 = $115,927

29
Q

Calculating inflation rate

A

((Current index - previous index) / previous index) x 100

30
Q

Location Adjustment Using the City Cost Indexes

A

(Index for City A ÷ Index for City B) x Cost in City B = Cost in City A

31
Q

Time Adjustment for the National Average Using the Historical Cost Index:

A

(Index for Year A ÷ Index for Year B) x Cost in City B = Cost in City A

32
Q

Adjustment from the National Average:

A

(Index for City A ÷ 100) x National Average Cost= Cost in City A

33
Q

What is included in project manual?

A

Anything in “book form”. Project manual is comprised of four major parts:
• bidding requirements (Prequalification forms, subcontractor list, bid security form)
• contract information, including the owner-contractor agreement, bonds, etc. (Sample performance bond)
• general and supplementary conditions of the contract (Sample general conditions of the contract)
• specifications