The contractor should also establish the schedule of the work reduce claims

The contractor should also establish the schedule of

This preview shows page 5 - 7 out of 15 pages.

The contractor should also establish the schedule of the work, reduce claims that may arise, and encourage innovation. 4. Type of Contract The best kind of contract that should be used in this kind of project is cost plus construction contract. This kind of contract is usually associated with many merits. For instance, it is more flexible than other types of arrangements. In this regard, the progress of the project is considered. Furthermore, flexibility ensures that the start of the project is accelerated. Other factors include that it poses no risk both to the contractor and the owner. Moreover, the owner of can project designs that will be used in the project, even without finishing. It may not be advisable to use other forms of contract in this project following various disadvantages. For example, using a lump sum contract may lead to a reduction in quality as far as the construction materials are concerned. In this contract, the contractor has the power to decrease the cost of the materials. In this regard, the contractor may choose to use lower-quality materials to keep the rest of the money. Other factors that disqualify different kinds of contracts include limited flexibility, especially in changing the design of the project. Also, some contracts have an estimation of the total cost uncertain, especially at the beginning of the project. Furthermore, other kinds of
Image of page 5

Subscribe to view the full document.

PROJECT MANAGEMENT AND COMMUNICATION 6 contracts may pose a high risk to the contractor to the extent of scaring them away. For example, the lump sum contract associates the contractor with a very high risk while allocating little additional incentives to motivate the contractor. Part 3 Quality Management Plan The quality management plan will describe how the policies, guidelines, and procedures employed in the project will be applicable. It entails the following components. 1. Quality Standards will be used in the Project . To ensure that the project meets its objective, it is essential to ensure that quality measures are employed. Examples of these measures include quality communication. This factor affects a significant percentage of the success of the project. In this regard, it is essential to consider it in the whole plan. For instance, keeping a clean contact list, arranging regular meetings, and proper record keeping are some of how adequate communication can be achieved. Other measures that will ensure quality include quality management, regular inspections, and adequate coordination of the subcontractors. 2. Quality Objectives of the Project Some of the objectives of the project include; Economy; the homes will increase the number of people in the area leading to economic expansion. The objective here is to improve the economy of the two states.
Image of page 6
Image of page 7
  • Fall '18

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Ask Expert Tutors You can ask You can ask ( soon) You can ask (will expire )
Answers in as fast as 15 minutes