Bcn3027 exam - Study guides, Class notes & Summaries

What are unique characteristics of the construction industry? - ANSWER hybrid of service and manufacturing, low barriers to entry, fragmented, always changing from job to job In the residential sector, provide the following: complexity, designed by, funded by, and a few examples - ANSWER complexity = wood frame, low-tech designed = architect funded = private examples = single-family homes/apartments

List the stages of design and their status of completion. - ANSWER preliminary design (0 to 15%), schematic design (15 to 30%), design development (30 to 60%), construction documents (60 to 100%) How are conflicts between drawings and specifications resolved? - ANSWER no hierarchy unless order of precedence clause assigns priority, all in all read the contract

Order the following typical project development phases from earliest to latest - ANSWER Idea / Need Feasibility Study Financing Design Project contracting services Construction Which of these team members is responsible for : - ANSWER Performing specialized construction installation work : Sub Trade Contractors

Which of the following business legal forms protect the personal assets of the owners from legal liabilities? - ANSWER Sole Proprietorships Personal assets are NOT protected Corporations Personal assets are protected Limited Liability Companies