Who selects the process for design and construction?
the project owner
What are the 4 contractual arrangements?
What is the most common contract form?
design-bid-build
What are the contracts involved in the design-bid-build arrangement?
2. constractor
True or False: the design must be fully complete before bids can be accepted in the design-bid-build arrangement
True
What are the contracts involved in the design-build arrangement?
What are 2 advantages of the design-build arrangement?
2. may provide flexibility during construction
What is 1 disadvantage of the design-build arrangement?
What is the basic concept of construction management contracts?
the owner assigns a contract to a firm that is knowledgeable and capable of coordinating all aspects of the project
What are the contracts involved in the construction management arrangement?
What is a owner-agent contractual agreement?
the owner may do some of the design, but the rest of the project is contracted out
Public Private Partnership
a contract between a public sector and private party in which the private party provides the service and assumes the project risk
What is the purpose of the owner’s study?
to determine:
What are the 2 main components of project initiation?
2. identify the stakeholders
Project Charter
a documents that formally authorizes a project and states the initial requirements to satisfy the stakeholder’s needs and expectations
What is included in the project charter?
Project Scope
a checklist of requirements that define the work to be performed
Project Strategy
framework for handling the project; includes roles and responsibilities of the team, scheduling, procurement, construction
Project Contracting Strategy
What does the selection of design firms and contractors depend on?
Partnering
a long-term agreement in which companies agree to share resources
Fast Tracking
overlapping of the project design and construction