Question 1

IPD

Accepted Answer

A)  stands for Important Project Directive and can significantly affect cost or schedule 
B)  is intended to bring several entities together to help complete the entire project 
C)  works best when the Construction Manager can control the schedule 
D)  works best when the Construction Manager can control both the cost and schedule 
A)  stands for Important Project Directive and can significantly affect cost or schedule 
B)  is intended to bring several entities together to help complete the entire project 
C)  works best when the Construction Manager can control the schedule 
D)  works best when the Construction Manager can control both the cost and schedule B

Question 2

Specialty Contractors are sometimes required to install equipment to meet a certain level of performance

Accepted Answer

A) True 
 B)False  True

Question 3

Using complete sentences, describe in full the construction contract delivery methods. Be very careful to provide the distinguishing characteristics of each.

Accepted Answer

There are several construction contract delivery methods, each with its own distinguishing characteristics. The first method is the traditional design-bid-build method, where the owner contracts separately with a designer and a contractor. This method allows for a clear separation of design and construction responsibilities, but can lead to potential conflicts between the designer and contractor.

The second method is the design-build method, where the owner contracts with a single entity that is responsible for both the design and construction of the project. This method allows for a single point of responsibility and can lead to faster project delivery, but may limit the owner's control over the design process.

The third method is the construction manager at risk method, where the owner contracts with a construction manager who is responsible for managing the construction process and guaranteeing the project's cost and schedule. This method allows for early contractor involvement and can lead to better cost control, but may result in increased project costs due to the construction manager's fee.

The fourth method is the integrated project delivery method, where the owner contracts with a team of key project participants, including the designer, contractor, and other stakeholders, to collaboratively work together from the project's inception to completion. This method allows for increased collaboration and can lead to improved project outcomes, but may require a higher level of trust and communication among all parties involved.

Overall, each construction contract delivery method has its own unique characteristics and considerations, and the choice of method should be carefully considered based on the specific needs and goals of the project.

Question 4

Full and Open communication is expected between IPD parties

Accepted Answer

A) True 
 B)False

Question 5

IPD stands for Immediate Project Delivery

Accepted Answer

A) True 
 B)False

Question 6

The best part about Design-Bid-Build is it does not create an adversarial atmosphere

Accepted Answer

A) True 
 B)False

Question 7

Multi-prime Contracting is most often used by public Owners, such as School Boards

Accepted Answer

A) True 
 B)False

Question 8

PPP

Accepted Answer

A)  stands for Private Public Partnership 
B)  puts price as a priority 
C)  creates difficult relationships 
D)  improves private petroleum production in certain states 
A)  stands for Private Public Partnership 
B)  puts price as a priority 
C)  creates difficult relationships 
D)  improves private petroleum production in certain states

Question 9

A CM at Risk

Accepted Answer

A)  has safety violations that need to be addressed 
B)  must be bonded on the project 
C)  will need to closely analyze design and construction related to a Guaranteed Maximum Price 
D)  can escape risk by passing it on to the Constructor 
A)  has safety violations that need to be addressed 
B)  must be bonded on the project 
C)  will need to closely analyze design and construction related to a Guaranteed Maximum Price 
D)  can escape risk by passing it on to the Constructor

Question 10

The expertise of each party is to be shared in an IPD relationship

Accepted Answer

A) True 
 B)False

Question 11

PPP stands for Private Public Partnership

Accepted Answer

A) True 
 B)False

Question 12

Design Builders

Accepted Answer

A)  are not commonly found except on very large projects 
B)  usually resolve their own disputes between design and construction 
C)  are a new form of Constructor 
D)  are not commonly found except on small projects 
A)  are not commonly found except on very large projects 
B)  usually resolve their own disputes between design and construction 
C)  are a new form of Constructor 
D)  are not commonly found except on small projects

Question 13

In Design-Bid-Build, the Owner usually has a good idea of the final price for the project

Accepted Answer

A) True 
 B)False

Question 14

A special purpose vehicle is created specifically for executing a PPP project

Accepted Answer

A) True 
 B)False

Question 15

Since the Design Builder is liable for all design ambiguities and defect, there is less arguing and fault-finding and more solutions come forth quicker

Accepted Answer

A) True 
 B)False

Question 16

Design-Bid-Build

Accepted Answer

A)  can cause adversarial relationships between Owner, Designer and Constructor 
B)  is no longer a common form of contracting 
C)  is the oldest form of contracting 
D)  should be avoided as a form of contracting 
A)  can cause adversarial relationships between Owner, Designer and Constructor 
B)  is no longer a common form of contracting 
C)  is the oldest form of contracting 
D)  should be avoided as a form of contracting

Question 17

An advantage of Design-Bid-Build is

Accepted Answer

A)  it usually provides close to final pricing before the work begins 
B)  the Owner usually gets more for the money than other methods 
C)  quality is improved 
D)  schedule is minimized 
A)  it usually provides close to final pricing before the work begins 
B)  the Owner usually gets more for the money than other methods 
C)  quality is improved 
D)  schedule is minimized

Question 18

In Design-Bid-Build, the roles of the parties overlap and even duplicate each other so it is easier to complete the work

Accepted Answer

A) True 
 B)False

Question 19

IPD relies upon full and open communication between all parties

Accepted Answer

A) True 
 B)False

Question 20

BIM

Accepted Answer

A)  is Building Information Management 
B)  is best with input during the design phase from critical trades 
C)  is the way construction has always been successful 
D)  helps cost but often lengthens the schedule 
A)  is Building Information Management 
B)  is best with input during the design phase from critical trades 
C)  is the way construction has always been successful 
D)  helps cost but often lengthens the schedule

IPD

Specialty Contractors are sometimes required to install equipment to meet a certain level of performance

Using complete sentences, describe in full the construction contract delivery methods. Be very careful to provide the distinguishing characteristics of each.

Full and Open communication is expected between IPD parties

IPD stands for Immediate Project Delivery

The best part about Design-Bid-Build is it does not create an adversarial atmosphere

Multi-prime Contracting is most often used by public Owners, such as School Boards

PPP

A CM at Risk

The expertise of each party is to be shared in an IPD relationship

PPP stands for Private Public Partnership

Design Builders

In Design-Bid-Build, the Owner usually has a good idea of the final price for the project

A special purpose vehicle is created specifically for executing a PPP project

Since the Design Builder is liable for all design ambiguities and defect, there is less arguing and fault-finding and more solutions come forth quicker

Design-Bid-Build

An advantage of Design-Bid-Build is

In Design-Bid-Build, the roles of the parties overlap and even duplicate each other so it is easier to complete the work

IPD relies upon full and open communication between all parties

BIM

Getting Started

An Introduction to Contracts, Torts, Statutes and Regulations

Owners, Designers, and Constructors

The Basics of Construction Contracts

Interpreting the Contract

Killer Clauses

Insurance

Bonds

Warranties

Getting Started

Differing Site Conditions

Schedule

Liens

Filters

Exam 5: Different Construction Contract Delivery Methods

IPD

Specialty Contractors are sometimes required to install equipment to meet a certain level of performance

Using complete sentences, describe in full the construction contract delivery methods. Be very careful to provide the distinguishing characteristics of each.

Full and Open communication is expected between IPD parties

IPD stands for Immediate Project Delivery

The best part about Design-Bid-Build is it does not create an adversarial atmosphere

Multi-prime Contracting is most often used by public Owners, such as School Boards

PPP

A CM at Risk

The expertise of each party is to be shared in an IPD relationship

PPP stands for Private Public Partnership

Design Builders

In Design-Bid-Build, the Owner usually has a good idea of the final price for the project

A special purpose vehicle is created specifically for executing a PPP project

Since the Design Builder is liable for all design ambiguities and defect, there is less arguing and fault-finding and more solutions come forth quicker

Design-Bid-Build

An advantage of Design-Bid-Build is

In Design-Bid-Build, the roles of the parties overlap and even duplicate each other so it is easier to complete the work

IPD relies upon full and open communication between all parties

BIM

Getting Started

An Introduction to Contracts, Torts, Statutes and Regulations

Owners, Designers, and Constructors

The Basics of Construction Contracts

Interpreting the Contract

Killer Clauses

Insurance

Bonds

Warranties

Getting Started

Differing Site Conditions

Schedule

Liens

Filters