Introduction Flashcards
The number of constructions from
approved building permits in the first
quarter of 2022 was posted at ______.
37,270
In the first quarter of 2022, the total
value of constructions was ________.
PhP 86.78 billion
___________ buildings reported the highest number of constructions of __________percent of the total number of constructions during the quarter.
Residentials
26,546 or 71.2
___________continued to register the highest number of constructions with
9,725 constructions or 26.1 percent share to the total during the quarter.
CALABARZON
The revenue of the________________________ is expected to grow steadily over the next years. In 2030, it is projected to be more than twice as big as it was in 2020. The size of the construction market amounted to 6.4 trillion U.S. dollars in 2020, and it is expected to reach 14.4 trillion in
2030.
global construction industry
The construction industry
__________ as a discipline, is a combination of art and science.
Construction
True or False
It is essential that construction professionals have knowledge of the business and management
aspects of the profession.
True
True pr false
The decreasing rate of technological development and growing international competition in the
industry are serving to accelerate the development of new construction methods, equipment,
materials, and management techniques.
False (increasing)
The companies or individuals engaged in the business of construction
Construction contractors
They Engage in wide range of construction activities and
execute most major construction projects.
General contractor
they enter into a contract
with an owner to provide complete construction services
Primary contractors
Limit their activities to one or more construction specialties. Often employed by a general contractor to accomplish some specific phase of a construction
project.
Specialty contractors
They are also known as subcontractors
Specialty contractors
It is also called as “vertical construction”
Building construction
Also known as “horizontal construction”
Heavy construction
Construction Process
Project Life Cycle (phases)
- initiation phase
- Planning phase
- Implementation (Execution) Phase
- closing phase
initiation phase includes:
• Identification of Project Objective or Need
• Feasibility Study
Planning phase includes:
• Scope of Works
• Delivery Method
• Identifying Resources
• Scheduling
• Estimating of Costs
• Risk Management
• Quality Assurance and Control Measures
Implementation phase includes:
• Progress Monitoring
• Progress Report
• Project Cost Control
• Project Quality Control
Closing phase includes:
• Releasing final deliverables to the client
• Handing over project documentation
• Terminating supplier contracts
How construction is accomplished?
The principal methods by which facilities are constructed
includes:
1.Construction employing an owner construction force
2.Owner management of construction
3.Construction by a general contractor
4.Construction using a design/build (turnkey) contract
5.Construction utilizing a construction management contract
Construction process
(Bidding process)
Bid invitation
Bid solicitation
Bid preparation
Bid submission
Contract Award
Contract administration
Process of advertising the tender and inviting the interested contractors to participate in a construction bid for executing a project.
Bid invitation
Process in which the owner or client provides documents and other packages of material related to the project to the interested contractors.
Bid solicitation
The contractors or bidders submit their
tenders before the due date along with
all the required documents and
participate in the construction bid.
Bid submission
The owners or the clients note the details of all bidders on a bid sheet, view all the bids thoroughly, and award the tender to the deserving bidder.
Contract award
All the legal documentations are
completed and the terms of the
construction projects are finalized before
procurement of the contract to the
contractor.
Contract administration
It is the competitive bidding.
Bidding process
1.They Prepare complete drawings, specifications, and contract documents,
Owner & Architect / Engineer
2.prepare a detailed estimate for the project, proposal submittal to the architect-engineer on the designated day at the designated time and place.
Contractor
3.Receive all of proposals and evaluate the submittals. Awarding of contract and notify the winning bidder
Architect/ Engineer
Contract signing
contractor
they issue the Issuance of notice to proceed
Owner & Architect / Engineer
They Commence construction operations
Contractor
FACTORS INFLUENCING PROJECT SELECTION
- Client-related factors
- Type of work
- value of the project
- contractor’s current workload
- estimating workload
- likely profitability of the contract
- location of the project
- form of contract
- physical resources to do the job
- identity of consultants
- time available to bid
