DBIA Chapters Exam Questions and Answers All Correct

DBIA Chapters Exam Questions and Answers All Correct Federal Acquisition Regulations (FAR) - ANSWER 1997 regulations changed allowing design build procurement Florida Law 1997 - ANSWER QBS could be used in Design Build Construction Management Association of American - ANSWER Formed 1982, Provided a service not a delivery method, they held no liability and it added a third contract. CM at Risk Disadvantages - ANSWER 2 Contracts, 2 Conflicting Agendas leading to change orders CM at Risk Advantages - ANSWER Early GC involvement = cost info earlier to prevent budget overruns. Drives to a better schedule to mitigate selections and procurement schedule. Design and construction overlap. Good for complex phasing and schedule constraints. Allows for Value Engineering. CM as Agent/Advisor - ANSWER Add on Services, No liability, can be used in any delivery method "At-Risk" in CM at Risk - ANSWER Liable for construction cost, quality and schedule as well precon advice. NOT LIABLE FOR DESIGN. Disadvantages of Design Bid Build - ANSWER Owner carries all risk, No engagement b/t architect or contractor allowing no creativity or innovation leaving VE as an afterthought. Advantages of Design Bid Build - ANSWER Familiar, Suited for "lowest price" competitive bidding, No legislation hurdles, Owner highly involved in design. DBIA began - ANSWER 1993 by Haskell