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business
construction project management

Questions and Answers of Construction Project Management

What purposes does insurance serve?
What do the "means, methods, and techniques" refer to?
Why does the contractor adjust the job budget following award?
What does "buying out the job" mean?
What is the most common source of published cost data?
What is the value to an owner of a rough estimate?
When are square foot estimates completed?
Why are labor costs more difficult to calculate than material costs?
A contractor who is putting an estimate together is inexperienced with doing foundation work and therefore has no in-house cost data. What other two ways might she use to get cost figures for this
Explain how project complexity can impact a cost estimate.
Why does an estimate have to be complete and accurate?
Why would a superintendent be categorized as an indirect project cost and not a direct cost?
What is a take-off and when is it used?
Name three examples of direct costs.
Name three examples of indirect project costs.
What is a cost estimate?
Why are estimates done at different phases of a project?
Why might a contractor not bid on a job that is located far from his or her office?
Why might a contractor bid on a job that has no potential for profit?
Why does it matter to a contractor who the owner and architect are on a job?
What might be the consequences to a contractor of failing to complete a job on time?
How does experiential information impact a contractor's ability to get work?
In what way do bonds impact a contractor's qualification for a job?
In what way does design information impact a contractor's bid amount?
Why is it important for contractors to network in their communities?
How does a local Builders Exchange assist contractors in finding work?
What is the pre-bid conference and why might it be important?
Why might the type of project affect a contractor's ability to get a job?
Why is it important that a contractor visit the site before submitting a bid?
When a contractor prepares a bid submittal, the first step is planning. What are the other two steps?
Why might it be helpful to an owner to pre-qualify contractors?
What happens if a contractor fails to submit his/her bid on time?
What types of costs are included in the contractor's bid estimate?
What is the difference between a bid and a bid submittal?
Who is responsible for completing or coordinating the documents that the contractor uses to price a job?
What are the two ways that contractors are hired? How do they differ?
At which design phase will the architect and owner come to agreement regarding floor plans?
What is the difference between a floor plan and an elevation?
What drawings does the contractor use to estimate the costs of a job?
What does it mean when a project goes out to bid?
What are specifications?
Who is responsible for coordinating the development of the construction documents?
How did Americans adjust their thinking regarding resources and energy after the 1973 Arab oil embargo?
What has been the impact of LEED?
What has been the major contribution of the US Green Building Council'
What are the different certification levels for LEED buildings?
How has the definition of green building expanded?
Why is it useful for LEED to incorporate regionalization?
Why are many projects in the indust1ial sector designed by engineers?
What does the term green building mean?
Why is the green building movement good for contractors?
Why might it be that some projects in the commercial sector lend themselves to specialized designers and contractors?
What sort of educational background do today's project managers often have?
How is globalization of the construction industry affecting smaller U.S. construction companies?
How are demographics changing the construction industry?
Identify two ways that computer technology has impacted the construction industry.
What is the impact of development in China on construction in the nited States?
What is meant by a green building?
You have a smalJ construction company and do simple, low-tech buildings. In which of the four sectors of the industry is it likely that you work?

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