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Construction Project Management Flashcards

7 cards from real Florida General Contractor practice questions. Tap to flip, then mark Knew It or Still Learning โ€” missed cards come back until you master them.

Read the first 7 Construction Project Management flashcards as text
  1. A liquidated damages clause in a construction contract is intended to:

    Answer: Set a predetermined daily amount owed by the contractor for late completion

    Liquidated damages fix a daily sum the contractor pays if the project finishes late.

  2. The primary function of a project's contingency budget is to:

    Answer: Cover unforeseen costs and unexpected conditions during construction

    Contingency funds absorb unanticipated costs such as hidden conditions or errors.

  3. Which delivery method places design and construction under a single contract with the owner?

    Answer: Design-build

    Design-build gives the owner one entity responsible for both design and construction.

  4. A resource-leveled schedule is created primarily to:

    Answer: Reduce peaks and valleys in resource demand over the project duration

    Resource leveling smooths labor and equipment demand to avoid overloads and idle time.

  5. In earned value management, a Cost Performance Index (CPI) less than 1.0 indicates:

    Answer: The project is over budget for the work performed

    A CPI below 1.0 means actual costs exceed the earned value, signaling a cost overrun.

  6. A pre-construction meeting is typically held to:

    Answer: Review responsibilities, schedule, safety, and procedures before work begins

    The pre-construction meeting aligns the team on procedures, schedule, and safety before mobilization.

  7. The purpose of a lookahead schedule (e.g., three-week lookahead) is to:

    Answer: Coordinate near-term activities and identify upcoming constraints

    A lookahead schedule focuses the team on short-term work and removes upcoming roadblocks.