4. Project Initiation Flashcards
Who selects the process for design and construction?
the project owner
What are the 4 contractual arrangements?
- design-bid-build
- design-build
- construction management
- owner-agent
What is the most common contract form?
design-bid-build
What are the contracts involved in the design-bid-build arrangement?
- designer
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?
- design/build firm
What are 2 advantages of the design-build arrangement?
- shorten time required to complete a project
2. may provide flexibility during construction
What is 1 disadvantage of the design-build arrangement?
- can lead to coordination problems
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?
- construction manager
- designer
- contractor
* with the owner
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:
- project objectives/needs
- required quality
- maximum budget
- completion date
What are the 2 main components of project initiation?
- create the project charter
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?
- objectives
- scope
- constraints
- assumptions
- schedule and cost tolerance
- roles and responsibilities
- stakeholders
- interface with other projects
- delivery approach
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
- identify the organizational structure
- decide which work can be done in-house
- allocate risk and responsibilities of each party
What does the selection of design firms and contractors depend on?
- type of project
- size
- complexity
- experience
- timeline
Partnering
a long-term agreement in which companies agree to share resources
Fast Tracking
overlapping of the project design and construction
