Intro to Construction 2

Intro to Construction 2 - Construction Methods & Management...

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CIEG 486-010
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CIEG 486-010 Construction Management Contractual arrangement: at-risk or management services for fee only or Act of managing the construction process
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CIEG 486-010 Construction Management Contractual arrangement Construction management personnel can represent owner or contractor CM manages the basic resources of construction
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Basic Resources workforce subcontractors equipment construction plant material information time money
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CIEG 486-010 Project Management Optimize the three attributes of: quality, cost, and time Principle objective of a construction manager is to complete each project on time and within budget, while maintaining acceptable levels of safety and risk
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CIEG 486-010 Method or System of Project Delivery Traditional design-bid-build Phased or Fast-track Design-build
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Design Phase Construction phase Bid Traditional Design-Bid-Build Design Phase Construction phase Phased or Fast-Track Construction Time  Savings
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u 8 u e u est Approach ighting ast Piers est Piers Æ 1 p + ) H j l F ∙“* —i l F 8 •“ * ridge Deck ast Approach owers ain Cables uspended Steel russes/Framing est Piles nchorages
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CIEG 486-010 Contract Types Traditional vs. alternative Classification by method of award and method of pricing Model contracts have been developed by AIA, AGC, CEC, DBIA, CMAA, and Engineers Joint Contract Documents Committee (EJCDC)
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CIEG 486-010 Contract Types Method of Award 1. Competitive bidding formally advertised public work selective invitation for private work awarding of contracts by: Lowest responsible bid or Best value i.e.: technical score ÷ price or price + time(f t ), and other variations
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CIEG 486-010 Contract Types Method of Award 1. Negotiated contracts Generally private work Benefits include flexibility of pricing arrangement Often used on projects of large size and great complexity Owner may value expertise and integrity of a particular contractor and can award contract without competition that may otherwise exclude that contractor from the work
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CIEG 486-010 Method of Pricing Fixed-price 1. Lump sum Traditional, single fixed price Predetermined price that includes profit, overhead, and all other costs Greatest risk to contractor resulting in a higher markup (the greater the risk, the higher required rate of return ) Most common contract form
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CIEG 486-010 Method of Pricing Fixed-price 1. Unit-price contract Prices of specified units of work are fixed or predetermined Actual cost to the owner will vary with actual
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This note was uploaded on 03/07/2011 for the course MGF 1106 taught by Professor Nicoli-succo during the Spring '08 term at FIU.

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Intro to Construction 2 - Construction Methods & Management...

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