SOLUTIONS
Agency CM Correct Answers Cons. Manager acts on the
owners best interest but is not financially responsible
Building Inspectors, utility companies, insurance companies,
labor union Correct Answers 2nd level secondary players
Closed bid Correct Answers Used by private and not public
projects. Invitation only via invitation for bids
Design-bid-build Correct Answers Traditional project delivery
method
-owner holds two separate contracts for design and build
Design-build Correct Answers Newer delivery method where
there is only 1 contract between the owner and Design/Builder.
Design/Builder is responsible for both ends.
Estimator Track Correct Answers Quantity Surveyor
Estimator
Senior Estimator
Chief Estimator
Fast-tracking Correct Answers a practice utilized to speed up
job by overlapping the design and construction phrase.
GMP Correct Answers Guaranteed Maximum Price
, Government, financial institutions, trade associations,
educational institutions Correct Answers 3rd level secondary
player
How is the Code of Hammurabi important to construction?
Correct Answers First known recorded building code.
In what time period was the concept of a Theoretical Architect
developed? Correct Answers The Renaissance
In which industry sector are Engineers often the lead designers?
Correct Answers Industrial
Invitation for bids Correct Answers Notification sent to a
selected list of contractors on the submission of bids on
PRIVATE project
IPD Correct Answers Integrated Project Delivery
Low-bid selection method Correct Answers Obtain the plans
and specs
Review the plans and specs
Prepare the estimate
Tabulate the bid
Submit the sealed bid
Owner opens the bid
Low bidder is announced
Contract is awarded
Give notice to proceed
Construction begins