DBIA Final Exam Study Guide Questions and Answers All Correct

DBIA Final Exam Study Guide Questions and Answers All Correct DBIA - ANSWER Design Build Institute of America Alternative Project Delivery - ANSWER Any project delivery method that is not design-bid-build. What are examples of alternative project delivery methods? - ANSWER Design-build and CM-at-risk What does BIM stand for? - ANSWER Building Information Modeling BIMStorm - ANSWER an online OPS (ONUMA Planning System) collaboration Best Value - ANSWER a procurement approach that considers both quantitative and qualitative or technical factors when selecting the design-build team Change Order - ANSWER The way in which work can be added or removed from the original scope of work agreed upon in the contract. In typical delivery systems these changes will alter the original estimate and schedule CM-at-Risk - ANSWER performed by contractors who can offer pre-construction services CAD - ANSWER Computer Aided Drafting Conceptual Estimate - ANSWER system-based estimating that utilizes parametric formulas to determine project costs when design is less than 100% complete Contingency - ANSWER an amount of money added to an estimate to account for various unknown factors at the time the estimate is initially developed. Cost Model - ANSWER A framework for identifying and quantifying all project costs relative to a conceptual design in a systematic fashion Design-Build - ANSWER A project delivery method in which design and construction services are provided under a single contract using a team approach to deliver