Tute 5 (Melany) Flashcards

1
Q

List the common procurement types. (8)

A
  • Traditional Fixed Price Lump Sum
  • Design and Construct
  • Design and Construct (novated)
  • Early Contractor Involvement
  • Project Alliancing
  • Cost Plus
  • Construction Management
  • Fast Track
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2
Q

What 3 elements constitute the formation of a contract? (3)

A
  • An offer
  • Acceptance of the offer
  • Consideration (payment or other such agreement)
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3
Q

What are the 3 ‘Risks’ that should be considered when advising on a procurement strategy? (3)

A
  • Time
  • Cost
  • Quality/scope
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4
Q

Which of the 3 ‘Risks’ can be varied under the Traditional Fixed Price Lump Sum contract? (3)

A

All.

TIme, cost and Quality can all vary.

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5
Q

What are Melany’s favourite 3 foods? (3)

A
  • Hot cross buns
  • Koko black chocolate :)
  • Peanut butter
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6
Q

What types of projects suit Design & Construct (pure D&C, not novated)

A
  • Simple projects, where design (and architectural input) are not a key consideration of the client’s brief.
  • Eg, a shed.
  • Quick & cheap, with limited design.
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7
Q

Which procurement method would it be illegal to use for a residential client where the budget is for less than $1 million?

A

Cost Plus.

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8
Q

What are the advantages of using a Design & Construct (novation) contract?

A
  • Owner dealing with one entity from inception to delivery.
  • Integration of design & building expertise
  • Possible shorter duration
  • Fixed cost and time
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9
Q

What are the disadvantages of using a Design & Construct (novation) contract?

A
  • Lack of independent or impartial professional advice by an architect or consultant having no commercial interest in the outcome of that advice.
  • Potential reduction in quality of finish.
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10
Q

What are the advantages of using a Project/Construction Management procurement model? (2)

A
  • projects can be fast tracked.
  • potential cost saving because the client assumes all risks of the subcontractors (the head contractor would normally absorb this).
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11
Q

Describe how Project/Construction Management differs from TFPLS.

A
  • The owner engages the subcontractors directly, cutting out the Head Contractor.
  • The owner engages a Project/Construction Manager to manage and coordinate the trades.
  • The Project/Construction Manager has no direct financial interest in the selection and performance of trades.
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12
Q

What is the key benefit/s of Early Contractor Involvement?

A
  • There is an overlap of the architect and head contractor, so that the client can benefit from construction advice & knowledge during the early design phases.
  • The (independent) architect can continue to be engaged throughout the course of the project.
  • There can be various contract arrangements within this model.
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