Project delive Study guides, Class notes & Summaries

APM PMQ - Project Delivery Exam Questions & Answers | Passed Purpose of estimates - ️️ 1) Use in investment appraisals 2) Creating a resource schedule 3) Budget setting 4) Risk analysis + contingency determination Benefits of re-estimating - ️️ 1) reduced contingency reserves 2) greater team involvement 3) Incorporate lessons learned 4) increased chance of adhering to estimates 5) decreased risk of estimating errors Approaches for estimating: - ️️ PAAD 1) Parametric (using...

DBIA - PROJECT DELIVERY EXAM2024 ACTUAL EXAM QUESTION AND CORRECT ANSWERS VERIFIED ANSWERS ALREADY GRADED A

APM PMQ - Project Delivery Exam Questions & Answers | Passed Purpose of estimates - ️️ 1) Use in investment appraisals 2) Creating a resource schedule 3) Budget setting 4) Risk analysis + contingency determination Benefits of re-estimating - ️️ 1) reduced contingency reserves 2) greater team involvement 3) Incorporate lessons learned 4) increased chance of adhering to estimates 5) decreased risk of estimating errors Approaches for estimating: - ️️ PAAD 1) Parametric (using...

APM PMQ - Project Delivery Exam

what is estimating - Answer uses different methods to produce a prediction of the time and resources required to complete the scope of the work to the defined quality requirements. when do estimates become more accurate - Answer Throughout the project, it is required for the PM to produce estimates. Estimates are often described as approximations as can never be 100% accurate. The accuracy of the estimate highly depends on the amount of information available throughout the project lifecycle. ...

3 main components - correct answer 1. Project Delivery System Selection 2. Procurement Method Selection 3. Contract Format Selection Key phases of project delivery - correct answer 1. Master Builder (Renaissance) 2. Separation (Industrial Revolution) 3. Integration (Information Age) Code of Hammurabi - correct answer Obligation of design & const...

Clinger Cohen Act/Defense Procurement Reform Act 1996 - Correct Answer-Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. What Year? Standard of Care - Correct Answer-The level of quality that any average Design Professional would be able to perform given the circumstances. Design Build - Correct Answer-Fastest Project Delivery method, fast tracking possible overlapping design with construction utilizing incremental...

DBIA: Principles of Design-Build and Post Award & Contracts, Project Delivery

APM PMQ - Project Delivery Exam with complete solutions

DBIA - PROJECT DELIVERY EXAM QUESTIONS WITH SOLUTIONS-2024 ACTUAL EXAM QUESTION AND CORRECT ANSWERS VERIFIED ANSWERS ALREADY GRADED A+.p