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EPC is a term used by _____ and _____ generation sectors. - ANSWERS-- industrial
- power
In EPC, systems and performance testing are central to _____. - ANSWERS-scope
The EPC contractor will typically perform engineering with its _____ _____. -
ANSWERS-in-house staff
In EPC, the Owner has need for _____ _____ of responsibility. - ANSWERS-Single
Point
In EPC, contracts include plant and process _____ guarantees. - ANSWERS-
performance
What 2 main things do EPC contract terms include? - ANSWERS-- liquidated
damages
- limitations of liability
,"Owner has the ability to schedule and coordinate the work" best describes what
delivery method? - ANSWERS-Multiple Prime Contracting
In Multiple Prime Contracting, the Owner contracts with multiple _____ _____. -
ANSWERS-trade contractors.
What does the Multi-party agreement essentially mean? - ANSWERS-all parties
are equal
What contract approach does IPD tend to use? - ANSWERS-Target Price
What procurement method is typically used in IPD? - ANSWERS-QBS
What is the key to IPD? - ANSWERS-Owner's ability to accept risk
P3 is typically used in what delivery system? - ANSWERS-DB
The 2 main responsibilities of the owner under ALL delivery systems: Executing
______; and Executing actual _____ _____. - ANSWERS-- procurement
- project delivery
Owner's often retain ___ _____ assistance. - ANSWERS-3rd party
What is one characteristic of the scope in 3rd party assistance? - ANSWERS-The
scope of services varies widely
, Using a 3rd party professional does NOT constitute a new _____ _____. -
ANSWERS-delivery system
Delivery systems alone, do not predict _____ - ANSWERS-success
Owners drive project success by strategically selecting strategies that promote
team _____ and group _____. - ANSWERS-- integration
- cohesion
What are 3 strategies to maximize integration and group cohesion? - ANSWERS--
open-book in cost
- early involvement in design process
- qualification based selection
In DB, the majority of responsibility for completeness, accuracy, and integration
of design and construction processes is transferred to the _____ - ANSWERS-
Design-Builder.
DB is a mindset defined by the _____ of everyone involved in the project. -
ANSWERS-attitude
Success in DB requires the team to think and act as a _____ _____. - ANSWERS-
single entity