ch1_intro_2

38 3 project lifecycle plan design construct operate

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Unformatted text preview: sfaction, sustainability, response latency, number of request of information, and meeting effectiveness (% of people participation). 38 3 Project Lifecycle (Plan, design, construct, operate) ?? (project / contract) Facility lifecycle of a mall Commercial buildings Plan and design (1-2 yrs) Construction and commission (1-3 yrs) Operation, Disposal maintenance, and (1-2 yrs) renewal (30-50 yrs) 40 3.1 Need Establishment, Feasibility Study, Financing • If feasibility study says yes, owner must line up financial backing. • Borrowing from banks/insurance companies, inviting outside investors (stocks/bonds) 41 3.2 Project Design (4 Phases) • Conceptual design (programming) • Schematic design • Detailed design • Bid package preparation 42 3.3 Bidding Process (5-Step Process) (Procurement) • United States • International 1. Advertise for bids 1. Solicit tender 2. Open bids 2. Open tender 3. Award contract 3. Issue ________________ 4. Sign agreement or “contract” 4. Execute contract agreement 5. Issue ____________ _____________ 5. Set commencement date 43 3.4 Facility Maintenance and Renewal • Maintenance effect on facility performance 44 Case Study: Central Reclamation Phase III 45 (Source: HKSAR CEDD website (http://www.cedd.gov.hk/eng/about/achievements/regional/regi_central.htm) 46 Background of the Central and Wan Chai Reclamation • Feasibility study completed in 1989 • 5 projects (3 completed): 1. Central Reclamation Phas...
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