Construction Management 3014 Virginia Tech Exam 1 Questions & Answers(RATED A)

construction industry vs. manufacturing - ANSWERmanufacturing produces products and then sells. construction starts with a customer need and the product is built to fill the need. sectors of construction industry (4) - ANSWERinfrastructure, commercial, residential, industrial main players in construction project (3) - ANSWERowner, designer, constructor stages of construction lifecycle - ANSWER1)need 2)programming 3)schematic design 4)detailed design 5)construction documents 6)bid 7)construction 8)operation & maintenance 9)decommission design bid build/DBB/traditional - ANSWERdesigner sought through qualifications based selection. after design is completed, bids from constructors are sought-"lowest responsive and responsible bidder" DBB cons - ANSWERlow quality from constructors and material suppliers, sometimes constructors use change-orders to drive up cost after receiving the low bid two-step procurement (variant of DBB) - ANSWERpool of pre-qualified contractors, bid accepted from pool, award to lowest bidder two step procurement pros/cons - ANSWERpro: pre qualification is step up from DBB con: still low qual b/c low bid award design build (DB) - DB pros -