Q1. Q2. Q3. Q4. Q5 Which of the following area in construction industry deals with tendering process A. Risk Management B. Financial Management C. Safety Management D. Procurement Which contract system has the highest risk for the client A. Traditional contract B. Cost plus fixed fee C. Design and Build D. Built Operate Transfer The contract system where the contractors must use their own source of fund to finance the project without getting the interim progress payment is known as A. Traditional contract B. Cost plus fixed fee C. Design and Build D. Built Operate Transfer At what phase of project life cycle where the client makes highest cost commitment for the project A. Design B. Procurement C. Construction D. Operation What is the main root factor that contribute to the fragmented work process in construction industry? A. The involvement of so many stakeholders in the construction project B. The practice of division of labour concept inherits from scientific management theory c. The difficulties for the single contractor to manage the project D. The challenges in managing quality of works

Q1. Q2. Q3. Q4. Q5 Which of the following area in construction industry deals with tendering process A. Risk Management B. Financial Management C. Safety Management D. Procurement Which contract system has the highest risk for the client A. Traditional contract B. Cost plus fixed fee C. Design and Build D. Built Operate Transfer The contract system where the contractors must use their own source of fund to finance the project without getting the interim progress payment is known as A. Traditional contract B. Cost plus fixed fee C. Design and Build D. Built Operate Transfer At what phase of project life cycle where the client makes highest cost commitment for the project A. Design B. Procurement C. Construction D. Operation What is the main root factor that contribute to the fragmented work process in construction industry? A. The involvement of so many stakeholders in the construction project B. The practice of division of labour concept inherits from scientific management theory c. The difficulties for the single contractor to manage the project D. The challenges in managing quality of works

Structural Analysis

6th Edition

ISBN:9781337630931

Author:KASSIMALI, Aslam.

Publisher:KASSIMALI, Aslam.

Chapter2: Loads On Structures

Section: Chapter Questions

Problem 1P

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7. When a project is performed under contract, the SOW (Statement of Work) is provided by which of the following? A. The project sponsor B. The project manager C. The contractor D. The buyer/owner 8. Projects are initiated in response of: A. Stakeholder's pressure B. Business needs C. Technological obsolescence D. All of the above 9. The scope statement provides all of the following EXCEPT: A. A list of assumptions B. How changes will be monitored and controlled C. Process and criteria for D. A baseline to assist in evaluating potential scope changes acceptance 10. The work breakdown structure is a deliverable-oriented grouping of project elements (products or services) which defines, or provides a structure for defining the: A. Project staffing, skill requirements, scope definition B. Work packages, control accounts, schedules C. Project change control, risk identification, labor rates D. Project charter, project plan
The main objectives of a tendering procedure are to select suitable contractor for the project. Three (3) methods of tender are widely used in the industry. There are Open, Selective and Negotiation tender. i) Explain the Selective Tender. ii) Identify the common criteria the client look into in Selective Tender.
Which category of construction would typically be contracted out as design/build? a. Residential b. Building construction c. Industrial d. Heavy construction Please explain your answer Please give me right answer and give correct explanation... Thank you
A. Addenda C. Cost plus B. Lump sum G. Escape clause H. Liquidated Damages 1. Alternates N. Retainage D. Field Change E. Latent Defect F. Cardinal Change K. Bid Options P. Precon. Meeting L. Value Engineering J. Unit Price O. General conditions M. Fixed fee 29. A change order that is of such magnitude that the original scope of the project is altered to an extent that constitutes a new contract is known as a 30. The underlying purpose of the the rules under which the project will be built. or boilerplate of a construction contract is to outline 31. The exact bid amount is paid in one lump sum payment after completion of the project in a contract. 32. The contractor is reimbursed for actual expenses plus a percentage markup in a contract. 33. The actual number of units put in place is measured, then the unit price is multiplied by the number of units installed in a contract. 34. A study examines the functions of goods and services for the purpose of achieving necessary functions at the…
The process of submitting a proposal (tender) to manage a construction project a. Negotiation b. Value Engineering c. Bidding d. Project Management
Several construction contracts have encounted many challenges different from what was envisaged from the start. Likewise, many reasons can be attributed to the successful completion of construction contracts. Contract Documentation remains one of the key elements to ensuring that projects are completed successfully.Discuss how the adequacy of contract documentation may help reduce the likely occurrence of construction related disputes.
Rank the 4 types of contracts according to its advantage to a project contractor. Discuss why by citing its attributes.
C. There has always been the need to protect Client from Contractors who cannot to perform contracts they have signed. Right from the Tender stage to post contract stage there exist mechanisms designed to protect the Client from contractors non-performance. Discuss the contract documentation used to protect Client at the Tender stage and during post contract stage.
1. Construction Management can best be defined as a. The art and science of coordinating equipment and personnel as well as money to complete a project on time b. The art and science of completing a project on time while coordinating resources c. The management and coordination of resources to complete a project on time d. The art and science of coordinating manpower, machines, materials, money and time to complete a project on time and within approved costs 2. Which of the following is defined as meeting or exceeding the needs of the customer? a. Productivity b. Quality c. Control d. Assurance e. Value 3. Which of the following is NOT considered to be a general type of construction? a. Residential b. Municipal c. Commercial d. Industrial е. Нeavy 4. Which of the following is the representative term for converting an annual value to a future value? a. Uniform-series, compound amount factor b. Single-payment, present worth factor c. Uniform-series, present worth factor d.…
B. Most construction contract documentation is made up of many documentscoming together. In the quest of professional to produce these documents several mistakes and misrepresentation are made. Some of these mistakes may be genuine of oversight. However, these mistakes may result disputes. One main way of resolving these disputes are the priority of construction documents.Briefly explain the term priority of documentation. Relate your explanation to a typical construction contract document.
6. Match the following terms with the most correct explanation Term Explanation Payment Bond Provides the owner with an amount to cover the damages/costs if the apparent low withdraws Bid Bond Provides the owner with a means for completing the work if the contractor cannot complete it. Lien Protects suppliers, subcontractors and employees Non-payment by the General Contractor Performance Bond Used primarily in private contracting; the General contractor and first-tier subcontractors place a debt upon the facility if they haven't been paid.
Why is it critical for a prospective construction project manager to grasp the terms and conditions included in contracts and specifications? Give at least one rationale. Justify your response.