List 4 examples of procurement methods. - ANSWER ✔ - QBS
- Best Value
- Low Price
- Sole source
List 5 examples of contracting approach. - ANSWER ✔ - fixed price
- GMP
- Cost reimbursement
- Target price
- unit price
In developing acquisition strategies, what are 4 factors to consider?
- Owner's _____.
- Unique project _____.
- Owner ____ & ____.
- _____ considerations. - ANSWER ✔ - Owner's objectives
- unique project considerations
- owner profile and personality
- marketplace considerations
What are the 5 Owner's objectives? - ANSWER ✔ - Control
- relationships
,- project budget
- project schedule
- risks
IMPLEMENTING TECHNIQUE No. 1(G): Owners should understand
all _____ constraints imposed or _____ afforded by their legislative,
regulatory, or internal requirements. - ANSWER ✔ - procurement
- flexibilities
IMPLEMENTING TECHNIQUE No. 1(G): Owners should understand
all procurement constraints imposed or flexibilities afforded by their
_____, _____, or _____ requirements. - ANSWER ✔ - legislative
- regulatory
- internal
IMPLEMENTING TECHNIQUE No. 1(C): Owners should _____ and
_____ key project _____ at the early stages of project planning. -
ANSWER ✔ - identify
- involve
- stakeholders
When should owners identify and involve key project stakeholders in
the stages of project planning? - ANSWER ✔ Early on
Owners should carefully research and assess current market conditions
as they plan their DB programs, as this will identify potential risks and
opportunities. Among the issues to be researched and assessed include:
_____ actions that could limit or expand competition; projected labor,
material, and equipment _____; _____ learned from similar projects;
and _____ of budget and schedule estimate. - ANSWER ✔ -
procurement
- availability
,- lessons
- realism
IMPLEMENTING TECHNIQUE No. 1(A): Owners should understand
the potential _____, _____, and _____ of DB and make an informed
decision as to whether the use of DB will _____ their project. -
ANSWER ✔ - benefits
- limitations
- attributes
- benefit
What are 3 fundamental concepts that influence the move to
integration? - ANSWER ✔ - Cost-Influence curve
- benefits of fast tracking
- spearin doctrine
What are the 4 phases of the Cost-Influence Curve? - ANSWER ✔ -
Planning
- Design
- Construction
- Operations
In which project delivery method is the construction team brought on
AFTER design, with open bidding? - ANSWER ✔ - DBB
In the planning phase, Influence has a _____ impact on the project. -
ANSWER ✔ high
In which project delivery method is the construction team brought on
EARLY, facilitating fast-tracking? - ANSWER ✔ DB
, Spearin Doctrine: Owner hiring designers provides contractors two
specific implied warranties: Plans and specs are _____; Plans and specs
are suitable for _____ _____. - ANSWER ✔ - accurate
- intended purpose
What are the 5 types of project delivery systems? - ANSWER ✔ - DB
- DBB
- CMAR
- IPD
- Multiple prime contracting
_____ is a linear sequential process. - ANSWER ✔ DBB
In DBB, the A/E is typically selected on _____ and the GC is typically
selected on _____ _____. - ANSWER ✔ - qualifications
- low price
In DBB, design is fully completed _____ input from the GC. -
ANSWER ✔ without
In _____, the A/E is acting in the owner's interests. - ANSWER ✔ DBB
Who controls the design team selection in DBB? - ANSWER ✔ The
Owner
The _____ project delivery method is well established and understood. -
ANSWER ✔ DBB
Which project delivery system is consistent with public sector
procurement laws and the most prevalent delivery system through the
20th century? - ANSWER ✔ DBB
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