___ is the set of financial assets needed to complete a construction project.

The planning of a project begins by developing a(n) ___ and identifying the activities that are required to complete the project.

A(n) ___ schedule is a schedule in which the resources for a project are assigned to activities so that the activities can be closely monitored.

The ___ process involves ensuring that resources have the expertise required by checking bonding information, past projects, and references.

A ___ constraint is a limitation in which one activity cannot occur until another activity is completed or, in some cases, near completion.

An example of resolving a technical constraint is dividing the floor and the corresponding walls of a building into quadrants based on ___.

An example of a(n) ___ constraint is an 8′ × 15′ residential bathroom.

___ in economics refers to how there are finite resources available for the factors of production.

If doubling the effort placed on an activity, from a strictly linear perspective, will cut the duration in half, it is a(n) ___ resource.

If an activity does not have a resource allocated to it, then there is no ___ the activity.

The availability of resources being provided by a supplier can depend on the ___ of the product or material.

Resource ___ is a situation in which more resources than available are assigned to an activity.

Resource ___ is the process of adjusting a schedule and resources to reduce or eliminate resource overallocation.

Resources should be allocated in such a way that priority is given to ___ activities.

___ activities are given highest priority for resource allocation.

If laborers were 200% allocated to a one-day task, then ___.

Some construction companies refer to their major subcontractors and suppliers as ___, to emphasize the team spirit that is required for the successful completion of construction projects.

A negative trend in productivity can be caused by a(n) ___.

The benefit of clearly articulated expectations is that ___.

A(n) ___ is a type of graph that displays the relationship between labor hours and time.

S-curves for typical construction projects include ___ phase(s).

During the ___ phase, shoring and excavation begins, with resources being added as required.

The ___ occurs when there is a fixed completion date and the project begins to fall behind schedule, resulting in activities being shifted and overlapping each other to meet the deadline.

The ___ is the moment when it becomes impossible to complete a project on time regardless of the changes made to the schedule, unless the finish date is moved.

A(n) ___ schedule is a partial schedule derived from the master project schedule.

Typical time periods for look-ahead schedules are between ___.

The planning of a look-ahead schedule involves holding ___ meetings with all project participants.

___ is when a field superintendent monitors a project by inspecting the work and consulting with the subcontractors to ensure that the work was implemented correctly and on schedule.

During a weekly project-coordination meeting, the ___ is responsible for articulating exactly where the project is as of that date and holding accountable any underperforming parties.

A(n) ___ can be developed and used to help identify unknown conditions.

The 80/20 rule, also known as the Pareto principle, is a business management concept that states 80% of the ___.

According to the 80/20 rule, 80% of the success of a project is attributed to ___.

The WBS for a simple four-piece bathroom remodel would separate the rough-in portion of the work from the finish portion of work on Level ___.

Tasks on a ___ typically include any odds and ends along with any deficiencies as well as a final cleanup.

A draw schedule is typically proposed by the ___.

___ costs, also known as soft costs, include financing costs, the extra cost of utilities, and property taxes.

A(n) ___ is an increase in efficiency that results from an increase in the volume of production.

The "e" in "eday" stands for ___ and applies to Microsoft Project ® scheduling software.

___ framing is the process of installing framing that could not be installed in earlier framing stages.

Typically, once ___ are in place, work on the exterior finishes can begin.

In most jurisdictions, framing inspection cannot be performed until the ___ have been inspected.

___ refers to the closing activities required to complete a project.

Commercial projects tend to be ___ than residential projects.

For an expansion or renovation project, an investigation of the existing electrical service and potential wiring issues should take place with the ___.

For an expansion or renovation project, a thorough ___ of the existing building should be performed in order to verify the condition of the building.

A ___ is a contract between the owner and GC of a construction project.

Construction ___ is exposure to possible loss during project construction.

Before a lump sum contract is awarded, GC/CMs bid on a project based on the information in the ___.

A disadvantage of a project with a ___ contract is that all design work must be completed before construction can begin.

With a ___ arrangement, the GC charges the owner for all the costs associated with materials and subcontractors in addition to a management fee.

An advantage of a guaranteed maximum price (GMP) contract is that ___.

A ___ is responsible for constructing a project based on the completed drawings and specifications prepared by the owner's architect in a construction management arrangement.

A ___ contract is generally used for subcontractors but can also be used between the owner and subcontractor or between the GC and subcontractor.

A good example of an alternative contract is a ___ contract.

In many ways, a ___ project has a just-in-time format in which the drawings are being developed just ahead of the construction work.

The role of a(n) ___ is to manage the construction project.

A ___ is a contractual requirement that specifies the period of time a subcontractor has to notify the contractor of a delay that can affect the completion of work.

The legal term and clause "___" is used to stress that time is critical to the contract.

The time-is-of-the-essence clause can be more clearly defined by the addition of ___ that clarify the importance of the schedule.

Liquidated damages are usually stated in an amount per ___.

A notice to proceed is a letter from a(n) ___ giving authorization to begin work on a project on a specific day and is subject to the conditions of the contract documents.

___ is a legal term used to describe the condition in which a project is mostly complete and ready for its intended purpose.

The date of ___ is important because it usually determines the date at which liquidated damages end if the project has run past the completion date.

The number of adverse weather days is broken down by ___.

The use of a ___ provision in a contract ensures that the schedule reflects the typical delays that may be encountered while allowing for adjustment should there be unusually adverse weather during the construction period.

A(n) ___ schedule is a high-level schedule that is provided when submitting the bid for a project.

A preliminary schedule includes ___ and may be tied to any project phasing requirements that the owner may include in the RFP documentation.

During the bid proposal process, a site investigation is performed by the ___ and requires a full understanding of the existing site conditions and logistical issues involved with the project.

The ___ schedule is the beginning project schedule that is used as a basis for project progression.

___ activities include work before construction starts and activities that are not part of the physical construction process.

The date of a(n) ___ is a good date to begin a baseline schedule as it demonstrates when the project is to start based on the client's instructions.

By reviewing a ___, the architect or engineer confirms that the item conforms to the design intent for the project.

A ___ is a situation in which one construction component physically interferes with another component.

he ordering, manufacturing, and delivery of specialty and longlead items should be represented as ___ in the baseline schedule.

When reviewing a baseline schedule, it should be ensured that the time required for building commissioning and ___ is properly reflected and accounted for.