M2 CONCEPTS Flashcards
an endeavor that is undertaken to produce the results that xare expected by the requesting party
Project
Components of a project
- Scope
- Budget
- Schedule
Types of Construction Projects
- Horizontal (Heavy Civil) Construction Projects
- Vertical Construction Projects
Major Types of Construction Projects
- Residential Housing
Construction - Institutional and Commercial Building Construction
- Specialized Industrial Construction
- Infrastructure and Heavy Construction
Refers to built-up space that is
intended for habitation. Includes houses and high-rise apartments.
Residential Housing Construction
Covers a wide variety of project types and sizes, e.g., schools, hospitals, shopping
center, warehouses, skyscrapers, etc.
▪ Higher cost and complexity (compared to residential construction)
Institutional and Commercial Building Construction
Involves very large and complex
projects, e.g., chemical processing
plants, oil refineries, power plants,
etc.
Specialized Industrial Construction
Usually big-ticket public projects e.g., highways, bridges, sewage treatment plants, etc. Usually financed through bonds or taxes
Infrastructure and Heavy Construction
Types/Forms of Construction Contracts
▪ Construction Industry Authority of the Philippines (CIAP) Document 102 for Private Construction
▪ Philippine Bidding Documents (PBD) for Government Construction Projects
▪ International Federation of Consulting Engineers (FIDIC) Forms of Contract for Foreign-funded Construction Projects
- Owns and finances the project
- Engages architects, engineering firms, and contractors
- Responsible to define project objectives
Owner (The Client)
- Assist in developing a project’s scope, budget, and schedule
- Prepares construction documents
Design Professionals (Architect & Engineers)
- Responsible for constructing a project
Construction Professionals
charged with overall coordination of a
construction program
Project Manager
administers the on-site construction
activities and the consulting services
Construction Manager
Traditional (Design - Bid - Build)
Owner - Designer & General Contractor - Subcontractor & Own work force
Design - Build
Owner - Engineer Contractor - Designer & General Contractor - Subcontractor & Own Work Force
Professional Management Contracting
Owner - Designer & General Contractor acting as Construction Manager - Subcontractor
Professional Construction Management
Owner - Designer & Construction Manager - Independent contractors
Design - Manage
Owner - Engineer Construction Manager - Designer & Construction Manager - Independent Contractors
Owner - Builder
Owner - Design department & Construction department - Contractors/ Subcontractors & Optional Own Work Force
can be broadly defined as a contractual agreement between the Government and a private firm targeted towards financing, designing, implementing and operating infrastructure facilities and services that were traditionally provided by the public sector.
Public-Private Partnership (PPP)
Elements of PPP
▪ Strategic mode of procurement
▪ Shared resources and risks
▪ Contractual agreement between the public sector and the private
sector
▪ Value for Money (VfM)
▪ Acceleration of infrastructure provision and faster implementation
▪ Outcome orientation
Advantages of PPP
▪ Encourages the injection of private sector capital
▪ Makes projects affordable
▪ Delivers VfM
▪ Each risk is allocated to the party who can best manage or absorb it
▪ Forces the public sector to focus on outputs and benefits from the start
▪ Quality of service has to be maintained for the entire duration of the
cooperation period
▪ Encourages innovation
FIDIC Forms: Conditions of Contract for
Construction for Building & Engineering
Works Designed by the Employer
Red book
FIDIC Forms: for Plant and Design-Build
Yellow book
FIDIC Forms: for Design-Build and Turnkey
Orange book
FIDIC Forms: for EPC/Turnkey
Silver book
FIDIC Forms: Short Form of Contract
Green book