Project Management Flashcards
7 cards from real General Contractor License practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Management flashcards as text
Which contract delivery method requires the contractor to design the project AND construct it, providing a single point of responsibility to the owner?
Answer: Design-Build (DB)
Design-Build consolidates design and construction responsibility under one entity, eliminating the traditional separation between designer and builder.
What is 'retainage' in a construction contract, and when is it typically released?
Answer: A percentage of each progress payment withheld until substantial completion or final acceptance
Retainage is a holdback (typically 5–10%) from each payment application, released to the contractor after substantial or final completion to ensure defects are corrected.
A project's Earned Value Analysis shows a Schedule Performance Index (SPI) of 0.75. What does this indicate?
Answer: The project is only accomplishing 75 cents of scheduled work for every dollar of work planned
An SPI below 1.0 means the project is behind schedule — only $0.75 of planned work is being accomplished for every $1.00 of work scheduled.
What is the primary legal purpose of a contractor maintaining a comprehensive daily construction log?
Answer: To provide contemporaneous documentation of events that supports delay and extra work claims
Daily logs are critical contemporaneous records that substantiate claims for delays, changed conditions, or extra work when disputes arise months or years later.
Under Davis-Bacon Act requirements on federally funded projects, what wage rates must contractors and subcontractors pay their workers?
Answer: Prevailing wage rates determined by the U.S. Department of Labor for the project locality
The Davis-Bacon Act requires that workers on federal construction contracts be paid locally prevailing wages and fringe benefits as determined by the DOL.
A submittal schedule lists shop drawings, product data, and samples that must be approved before installation. Why is timely submittal management critical to the project schedule?
Answer: Delayed submittals can create procurement delays that push back material delivery and installation activities
Long-lead material orders depend on approved submittals; delays in the review cycle can cascade into procurement delays that directly impact the construction schedule.
What distinguishes 'substantial completion' from 'final completion' on a construction project?
Answer: Substantial completion is when the facility is usable for its intended purpose; final completion is when all punch list items and closeout documents are complete
Substantial completion (per AIA and most contracts) means the owner can occupy and use the facility; final completion requires resolution of all remaining items and closeout submittals.