DESIGN-BUILD PREPARATION EXAM

List 4 examples of procurement methods. - CORRECT ANSWER - - QBS - Best Value - Low Price - Sole source List 5 examples of contracting approach. - CORRECT ANSWER - - fixed price - GMP - Cost reimbursement - Target price - unit price In developing acquisition strategies, what are 4 factors to consider? - Owner's _____. - Unique project _____. - Owner ____ & ____. - _____ considerations. - CORRECT ANSWER - - Owner's objectives - unique project considerations - owner profile and personality - marketplace considerations What are the 5 Owner's objectives? - CORRECT ANSWER - - Control - relationships - project budget - project schedule - risks IMPLEMENTING TECHNIQUE No. 1(G): Owners should understand all _____ constraints imposed or _____ afforded by their legislative, regulatory, or internal requirements. - CORRECT ANSWER - - procurement - flexibilities IMPLEMENTING TECHNIQUE No. 1(G): Owners should understand all procurement constraints imposed or flexibilities afforded by their _____, _____, or _____ requirements. - CORRECT ANSWER - - legislative - regulatory - internal