CST Contract & Procurement Scheduling Flashcards

What is the 'as-built schedule' and why is it critical for contract close-out?

Answer: A record of actual start and finish dates for all project activities, used to document actual project performance and support claims or lessons learned

The as-built schedule documents the actual dates activities started and finished throughout the project, serving as the definitive record of project performance and supporting any delay claims or post-project analysis.

In procurement scheduling, what is a 'required on site' (ROS) date?

Answer: The date by which a material or piece of equipment must be physically delivered to the job site to support the planned installation activity

The ROS date is the latest date that a material or equipment item must arrive at the job site, calculated by working backward from the installation start date in the project schedule.

What is a 'no-damage-for-delay' clause in a construction contract and how does it affect schedule claims?

Answer: A clause that bars the contractor from recovering delay damages even when the owner causes delays, though the contractor may still be entitled to a time extension

A no-damage-for-delay clause limits the contractor's remedy for owner-caused delays to a time extension only, preventing recovery of delay-related costs such as extended general conditions and escalation.

What are 'liquidated damages' (LD) in the context of project scheduling?

Answer: A predetermined daily amount the contractor must pay the owner for each day the project extends beyond the contract completion date

Liquidated damages are a fixed daily monetary penalty specified in the contract that the contractor owes the owner for each calendar day of delay beyond the contract completion date.

What is an 'early completion' schedule and why might it create contractual risk for a contractor?

Answer: A baseline schedule showing completion before the contract completion date, which can expose the contractor to owner interference claims if the owner delays activities on that compressed path

An early completion schedule showing a finish date before the contract deadline can create risk because it implies the owner must not cause any delay on that compressed path, potentially strengthening delay claims against the owner.

Under the AACE International Total Cost Management (TCM) framework, what is the primary schedule deliverable at the close of a procurement package?

Answer: An updated project schedule reflecting actual delivery dates and any impacts to downstream installation activities

When a procurement package closes, the scheduler updates the project schedule with actual delivery dates and assesses any downstream impacts on installation activities, maintaining schedule integrity throughout the project lifecycle.