Certified Construction Manager Practice Test 2026 - Free Practice Questions and Study Guide

A punch list is a crucial tool in the construction process, typically created towards the end of a project to identify tasks that need to be completed or corrected before the finalization of the project. It generally includes items such as tasks that must be completed, any corrections needed to meet project specifications, and working items that must be addressed prior to project closeout.

Financial assessments, however, do not pertain to the physical or operational tasks necessary for completing a project. Instead, they focus on the financial aspects of the work, such as budgeting, costs incurred, and overall project finances. Therefore, it is accurate to say that a financial assessment does not belong on a punch list, as this document solely addresses completion items and quality assurance rather than financial evaluations or considerations.