Project delive Study guides, Class notes & Summaries

DBIA - Project Delivery Exam Questions with Solutions.

Project Delivery Questions and Answers Already Passed What is the primary goal of a project delivery method? To effectively manage and complete a project within the agreed scope, time, and budget. What is a common project delivery method in construction? Design-Bid-Build. How does the Design-Bid-Build method work? The project is designed first, then bids are solicited, and construction follows after selecting a contractor. What is a key advantage of the Design-Build method?...

DBIA: Principles of Design-Build and Post Award & Contracts, Project Delivery Questions and Answers 2024 Clinger Cohen Act/Defense Procurement Reform Act 1996 - Correct Answer-Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. What Year?

APM PMQ - Project Delivery Exam with Correct Answers what is estimating - ️️ uses different methods to produce a prediction of the time and resources required to complete the scope of the work to the defined quality requirements. when do estimates become more accurate - ️️ Throughout the project, it is required for the PM to produce estimates. Estimates are often described as approximations as can never be 100% accurate. The accuracy of the estimate highly depends on the amount of...

The contract approach/payment methodology that is based on specific rates given for completed construction items. - Unit Price The contract approach/payment methodology that gives the contractor little incentive to be efficient as there is no guaranteed price. - Cost Plus Fee What are 3 fundamental decisions an Owner must make when initiating a feasible project? - Delivery system, Type of Procurement and Type of Contract Format. What is the most common project delivery system? - Design Bid...

Clinger Cohen Act/Defense Procurement Reform Act 1996 - Allows all federal agencies to utilize Design-Build. Prior to that no enabling legislation existed allowing Design-Build. What Year? Standard of Care - The level of quality that any average Design Professional would be able to perform given the circumstances. Design Build - Fastest Project Delivery method, fast tracking possible overlapping design with construction utilizing incremental packages. Negotiated (Qualifications Based) - Pr...

Miller Act - The existing federal law that required federal projects exceeding 100k to require both a performance and a payment bond. Created a legal separation between construction & Design Delivery system, Type of Procurement and Type of Contract Format. - What are 3 fundamental decisions an Owner must make when initiating a feasible project? Design Bid Build (Low Bid) - What is the most common project delivery system? The Owner - In traditional DBB delivery, who does the architect sign t...

DBIA - PROJECT DELIVERY EXAM QUESTIONS WITH SOLUTIONS-2024 ACTUAL EXAM QUESTION AND CORRECT ANSWERS VERIFIED ANSWERS ALREADY GRADED A+.p

APM PMQ - Project Delivery Exam Questions & Answers | Passed Purpose of estimates - ️️ 1) Use in investment appraisals 2) Creating a resource schedule 3) Budget setting 4) Risk analysis + contingency determination Benefits of re-estimating - ️️ 1) reduced contingency reserves 2) greater team involvement 3) Incorporate lessons learned 4) increased chance of adhering to estimates 5) decreased risk of estimating errors Approaches for estimating: - ️️ PAAD 1) Parametric (using...