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Common procurement methods - CORRECT ANSWER-Best Value
Qualification Based Selection
Low Bid
Negotiated
Sole source
Common Project Delivery Systems - CORRECT ANSWER-Design Build
Design Bid Build
Construction Manager at Risk
Less Common Project Delivery Systems - CORRECT ANSWER-Integrated Project Delivery system
(IPD)
Public Private Partnerships (P3)
Multi-Prime Contracts
Explain the cost influence curve - CORRECT ANSWER-The earlier parties are engaged the more
impact they have at a lower cost as opposed to later on during the project life cycle there is a
smaller impact at a high cost
, EPC - CORRECT ANSWER-Engineer-Procure-Construct (EPC) is a project delivery system that is
popular in the industrial sector. The owner has a single contract with EPC contractor that
includes performance guarantees.
Bridging Documents - CORRECT ANSWER-Set of preliminary drawings and specifications that are
used in DB projects to communicate the project requirements to contractors
Performance Based Requirements - CORRECT ANSWER-Owner defines the requirements for the
end result of an element of the project that will be designed and constructed by the design
builder. Common in DB.
Prescriptive Based Requirements - CORRECT ANSWER-Owner dictates exactly how an element
of the project is to be designed and constructed. Common in DBB and CMaR.
Difference between quality and value - CORRECT ANSWER-Quality is objective and measurable.
Value is subjective, it is different from person to person.
RFQ - CORRECT ANSWER-Request for Quotation
RFP - CORRECT ANSWER-Request for Proposal
Multi-Prime - CORRECT ANSWER-A project delivery method where the owner contracts with
multiple contractors instead of a single general contractor.
Owners Strategy for DB Done Right - CORRECT ANSWER-1. Pick the right DB team
2. Give them flexibility and opportunity to succeed with accountability
3. Reward them for superior performance