Podcast
Questions and Answers
True or false: Contract administration and contract management are interchangeable terms.
True or false: Contract administration and contract management are interchangeable terms.
False
What is the difference between contract administration and contract management?
What is the difference between contract administration and contract management?
True or false: Contract administration and contract management are two interchangeable terms.
True or false: Contract administration and contract management are two interchangeable terms.
False
What are the phases of construction contract management?
What are the phases of construction contract management?
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True or false: Contract administration only involves handling a contract until it is signed.
True or false: Contract administration only involves handling a contract until it is signed.
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True or false: Contract administration involves handling a contract only until it is signed.
True or false: Contract administration involves handling a contract only until it is signed.
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Why is effective contract management important?
Why is effective contract management important?
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True or false: Construction contract management includes only two phases: pre-contract and closeout.
True or false: Construction contract management includes only two phases: pre-contract and closeout.
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True or false: Construction contract management involves five distinct phases.
True or false: Construction contract management involves five distinct phases.
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True or false: Effective contract management is not important for project completion.
True or false: Effective contract management is not important for project completion.
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True or false: Effective contract management is not important for successful project completion.
True or false: Effective contract management is not important for successful project completion.
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Which of the following is NOT an important aspect of contract administration?
Which of the following is NOT an important aspect of contract administration?
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True or false: Correspondence is not an important aspect of contract administration.
True or false: Correspondence is not an important aspect of contract administration.
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True or false: Correspondence is not an important aspect of contract administration.
True or false: Correspondence is not an important aspect of contract administration.
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What is the purpose of daily logs?
What is the purpose of daily logs?
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True or false: Daily logs are not necessary for documenting the progress of a construction project.
True or false: Daily logs are not necessary for documenting the progress of a construction project.
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True or false: Daily logs document the future plans for a construction site.
True or false: Daily logs document the future plans for a construction site.
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What do inspection reports document?
What do inspection reports document?
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True or false: Inspection reports are not necessary for recording the results of inspections conducted during the contract.
True or false: Inspection reports are not necessary for recording the results of inspections conducted during the contract.
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True or false: Inspection reports document the progress of a construction project.
True or false: Inspection reports document the progress of a construction project.
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What do change orders and payment requests document?
What do change orders and payment requests document?
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True or false: Construction drawings are not necessary for contract administration.
True or false: Construction drawings are not necessary for contract administration.
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True or false: Construction drawings are only useful during the pre-contract phase.
True or false: Construction drawings are only useful during the pre-contract phase.
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What are construction drawings?
What are construction drawings?
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Study Notes
- Contract administration and contract management are different phases of the contract lifecycle.
- Contract administration involves commercial handling of a contract until termination.
- Construction contract management involves several phases: pre-contract, bid evaluation, contract development, administration, and closeout.
- Effective contract management is crucial for successful project completion.
- Daily logs, inspection reports, change orders, payment requests, construction drawings, and correspondence are important aspects of contract administration.
- Daily logs document activities and progress on a construction site.
- Inspection reports document results of inspections conducted during the contract.
- Change orders and payment requests document modifications to the contract and payment for completed work.
- Construction drawings are records of the final design of a project.
- Correspondence documents discussions or agreements during the contract.
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Description
Test your knowledge on contract administration and management with this informative quiz! Learn about the different phases of the contract lifecycle, important documentation needed for successful project completion, and the difference between contract administration and management. Brush up on your understanding of pre-contract evaluation, bid evaluation, contract development, and closeout procedures. This quiz will provide you with essential keywords and insights for effective contract management in the construction industry.
