PPP Flashcards
PASS THE TEST
WHAT AER THE TYPES OF AIA CONTRACTS (A,B,C,D,G) BY SERIES?
- A Series: Owner + GC Agreement
- B Series: Owner + Architect Agreement
- C Series: Architect + Consultant Agreement (joint venture)
- D Series: Industry Standards Docs
- G Series: Contract & Office Admin Forms

SCHEDULING VARIES WITH EACH PROJECT, BUT GENERALLY SPEAKING, WHAT TIMELINE APPLIES TO THE FOLLOWING PHASES:
- SD
- DD
- CD
- Bid/Negotiation
- CA
- Contingencies
- SD: 1-2 months
- DD: 2-6 months
- CD: 3-7 months
- Bid/Neg: 3-6 weeks (contractors: 2 weeks to bid)
- CA: Varies
- Contingencies: 25-50% of length of project
WHAT ARE THE CHARACTERISTICS OF A FAST TRACK SCHEDULE?
- Construction documents are issued in phases and construction begins while design in still being finished.
- Req’s coordination between architects, contractors, and construction managers
- Req’s staged bidding which can result in multiple contractors
- Can reduce projec time by 10-30%
WHAT IS THE CRITICAL PATH METHOD?
All events expected to occur, and operations to be performed and completed, in a given process are rendered in a form according to place in project schedule, and expected duration.
The resultant CPM defines which events determine whether or not the entire project stays on schedule
- The diagram is called a Network Diagram
- Circles are start and finishes, arrows are tasks, numbers show the time for each task to occur
- Critical Path: the path with the longest req’d time from start to finish is the basis for the schedule. Activities on this path are called Critical Activities.
- Float: range of time during which non critical actiities can start/end without affecting the overall schedule
- Total Float: individual float times added together. Does not influence the CP time

WHAT IS A GANTT/BAR CHART?
A chart that illustrates start to finish dates of a project broken out by activity.
- Focus primarily on schedule mgmt rather than the size of the project or the relative size of the work elements/activities
- Can’t show the relationship between activities

WHAT ARE (4) RISKS OF SHORTENING PROJECT SCHEDULE?
- Requires people to work overtime (costly/inefficient)
- Requireds the need to hire more people (learning curve to project and office standards)
- If rushed, drawings can turn out poor, uncoordinated, etc.
- Generally causes higher costs for design and construction for a lower quality project
EXTENDING THE SCHEDULE BRINGS ON TWO MAJOR RISKS…
- Material cost inflation
- Personnel change (learning curve)
Also cost of money to be considered.
WHAT ARE FOUR THINGS THAT INFLUENCE PROJECT SCHEDULES?
- Size
- Complexity
- Number of workers
- Client action/reaction time (and to an extent, municipal review time)
WHAT ARE THE BREAKDOWN % FOR THE FOLLOWING ARCHITECTURAL PHASES?
- SD
- DD
- CD
- Bid/Negotiation
- Construction Admin
- SD: 15%
- DD: 15%
- CD: 35%
- Bid/Negotiation: 5%
- CA: 30%
Note* Project Closeout is sometimes broken out to approx 2-5%
DESCRIBE PROJECT CALENDAR DAYS…
number of working days, x5 or x7
THE APPROPRIATE TYPE OF COST ESTIMATING FOR A BUILDING DEPENDS ON THE PHASE OF THE PROJECT IT’S DEVELOPED TO. WHAT ARE THE FOLLOWING ESTIMATES BASED ON?
- Pre-planning/Proposal
- Programming
- SD
- DD
- CD
- Pre-planning/Proposal: based on unit costs (cost per person, cost per bed, cost per sq. ft., etc)
- Programming: based on unit costs system (cost/sq ft) based on similar building typeds and/or functions of space
- SD: based on the major elements of each building system (mechanical, electrical, plumbing, structure)
- DD: based on detailed components (curtain walls, storefronts, lay-in ceilings, etc.)
- CD: based on unit rates for construction, assemblies, and systems. this estimate is waht pre-bid checks and cost breakdowns are based on
TRUE/FALSE
AN ARCHITECT’S ESTIMATES SHOULD ACCOUNT FOR INFLATION, MARKET CONDITIONS, AND CONTRACTOR MEANS AND METHODS…
FALSE
FACT: Cost Projection Goals
- Complete the project within the financial limits set by owner
Provide an appropriate use of resources/value for the money within the budget
Optimize longer-term life cyclee costs by examining alternatives that offer the best balance between upfront costs and maintenance costs
Provide the owner with relative implications to the budget based on owner decisions throughout the project duration
COST PROJECTIONS FOR A PROJECT ARE BASED ON WHAT FOUR FACTORS?
- Cost Factors: what influences the project
- Project Scope: what’s included in the building
- Quality: How nice the building will be (construction, technologies, finishes)
- Budget: how much the owner can spend
FACT: It is normal practice to anticipate construction cost escalation on the basis of an annual increase projected to the midpoint of construction.
WHAT ARE THE COMPONENTS OF A PROJECT BUDGET (8)?
- Site Acquisition
- Off site construction/Utility
- On site construction
- Building construction
- Professional services
- Inspection and Testing
- Financing
FACT: Construction Cost is the total amount of $$ to build a project. 85% of that is the Construction Budget, 15%-40% is for contractor overhead and profit, and and additinal 15% is added for surveys, soil testing, fees, and FF&E.
WHAT ARE THE TRADITIONAL CONTRACTOR FEE PERCENTAGES FOR:
- GENERAL OVERHEAD
- PROJECT OVERHEAD
- PROFIT
Contractor Fees:
- General Overhead: 8-10% of firm value
- Project Overhead: 4-10% of construction cost
- Profit: 15-20% small jobs, 10-15% large jobs, 5-10% very large jobs
WHAT ARE THE TRADITIONAL DESIGN FEE PERCENTAGES FOR THE FOLLOWING PROFESSIONS:
- ARCHITECTURE
- MECHANICAL
- ELECTRICAL
- CIVIL
- STRUCTURAL
- Architecture: 10% of construction cost
- Mechanical: 15%
- Electrical: 12.5%
- Civil: 10.5%
- Structural: 9.5%
WHAT PERCENT CONTINGENCY SHOULD BE ADDED TO COMPLEX OR REMODEL JOBS?
5-10% contingency should be added for unforseeables
DESCRIBE A UNIT PRICE CONTRACT…
a contract based on the acceptance and incorporation of unit price quotes for the various portions of the project
DESCRIBE THE HOURLY BILLING RATE FEE STRUCTURE…
project is biled at standard rates for every hour worked. Often this is to a “not to exceed” value
DESCRIBE THE PROFESSIONAL FEE PLUS EXPENSES FEE STRUCTURE…
Professional services are separated from the identified costs (reimbursables, consultants, etc.)
















