DBIA Test exam 2023 with 100% correct answers

Project Delivery System How team members are organized, establishes when parties engage, determines roles of parties, and determines sequence of design, procurement, and construction (db, cmar, dbb) Procurement Method how team members are selected (QBS, best value, low price, sole source) contracting approach how team members are paid (fp, gmp, cost reimbursement, target price, unit price) Design-Bid-Build (DBB) linear, sequential process, A/E selected on qualifications, GC selected on low price, design is fully completed without input from GC, A/E acting in owner's interests, with a historically strong bond, process is well-established and understood construction manager at risk similar org structure to DBB, construction manager selected by QBS or best value, contractor provides precon services, negotiated gmp contracting approach, open book estimating process, potential to fast track project, construction cost determined before design completed, potential issues over what is reasonably inferable from gmp design documents Design-Build The owner contracts with one entity (a person or firm) to provide both design and construction services, designer and contractor have a direct contractual relationship, selected by QBS or best value, wide spectrum of contracting approaches and organizational structures, single point responsibility, owner does not manage designer, owner exposure to claims is significantly reduced engineer procure construct (epc) similar to design build, in industrial and power generation sectors, systems and performance testing are central to scope, contractor will typically perform engineering with its in-house staff, owner has need for single point responsibility, contracts include plant and process performance guarantees, contract items include performance and schedule liquidated damages and limitations of liability