Professional Documents
Culture Documents
Delivery Method
- Means the approach used to
organize the project team so as to
manage the entire designing and
building process. The owner decides
which designers to hire, when to hire
them and under what type of
contract
Construction Project Management
Design-Bid-Build - This delivery method involves hiring
- the owner hires a design professional both a design firm and a
who prepares a complete set of construction project management
contract documents for the owner in firm early in the preconstruction
exchange for a design fee phase.
- The owner also negotiates a price - The original intent of this delivery
with a general contractor once a method was for the owner to hire a
complete set of contract is set. construction management firm
- Owner holds one contract with which would essentially act as their
architect and one contract with advisor, with the owner holding all
constructor. Architect and the contracts directly with the
constructor hold subcontracts as subcontractors.
required to complete their parts of - Owner holds one contract with
the work. architect and one 2-part contract
with CM/R. The first part of the CM/R
contract is for pre-construction
advice and the second part is a
Guaranteed Maximum Price(GMP)
for the total cost of construction.
FAST-TRACK CONSTRUCTION
- In this arrangement, the project is
approached in less of linear fashion.
The project is broken down into
smaller pieces called work
packages. Each package are
DESIGN-BUILD designed and constructed
- the designer and the contractor are separately.
either from the same company or,
through a joint venture, form a single CONTRACT TYPES
company for the duration of the - A contract is simply an agreement
project between two or more people in
- A joint venture is the legal binding of which one person agrees to perform
two companies for the purpose of a specific task or provide goods or a
providing a competitive advantage service to another in exchange for
that would be difficult to attain something in return
alone. The term turnkey can also be Single Fixed Price
used to describe this approach. - This contract is also called a lump-
- Owner holds one contract with sum contract where the contractor
design-builder. Design-builder hold agrees to provide a specified
subcontracts with architect and amount of work for a specific sum.
others as required to complete their Unit Price Contract
parts of the work. - In this agreement, the owner and
the contractor agree to the price
that will be charge per unit for the
major elements of the project.
Cost Plus A Fee
- This is also called a reimbursable or a
time and materials contract. The
contractor works on the project and
is reimbursed by the owner for the
costs.
- This contract makes sense when the
scope of the project is difficult to
define or when it is important to fast-
track the project.
Guaranteed Maximum Price
- In this type of contract, the
contractor is reimbursed at cost with
an agreed-upon fee up to the GMP
which is essentially a cap. It is not
unusual to include in this contract an
incentive clause which specifies that
the contractor will receive additional
profit for bringing the project in
under the GMP.
GOALS
- Giving visibility to important work efforts
- Giving visibility to risky efforts
- Illustrate the correlation between activities
and deliverables