Owne. Designer Constructor

Q: As the owner of the project MDS, you had defined the contractual relationshipsI parties involved in…

A: As an owner of the project, if you had defined a contractual relationship between the parties, which…

Q: The significant feature of ‘unit price contract’ is that the price per unit. Although quantities may…

A: In a unit price contract, the contractor is relieved of the risk of estimating uncertain quantities…

Q: True or false? Under the Partnering concept, all differences are intended to be resolved at the…

A: Given statement: Under the Partnering concept, all differences are intended to be resolved at the…

Q: What criteria would you apply when making professional judgments regarding investments in…

A: Whenever an engineering project is undertaken, the decisions relating to the investments must be…

Q: What exactly is valuation? Discuss the whole process of civil engineering structure appraisal.

A: A building's value is determined by its kind, structure, and durability, as well as its location,…

Q: List the five price categories that need to be considered when pricing a construction estimate.

A: The costs of a constructed facility to the owner include both the initial capital cost and the…

Q: In which project delivery method do the Owner, Designer(s), and Contractor(s) enter into a single…

A: To find :- In which project delivery method do the Owner, Designer(s), and Contractor(s) enter into…

Q: Interpret the objectives of life-cycle costing and discuss the importance of determining building’s…

A: Solution- Objective- The goal of life lifecycle costing would be to minimize life - cycle cost by…

Q: Discuss Overlap and underlap of Subcontracted work and the Problem Associated with each Condition

A: The cases of overlap and underlap arise where work is not clearly identified as being part of a…

Q: Is it permissible for the owner’s representative to issue instructions or orders to a subcontractor…

A: Stopping work orders can be given when inspectors or an owner's representative consider workers…

Q: ,How can a Project Manager incur the considerable risk of loss tothe parent organization?

A: A project manager is a person, who has the entire project responsibility from the successful…

Q: Prepare an organizational chart depicting the construction process. Identify the parties involved,…

A: In the construction industry, an organization chart provides information of a list of activities…

Q: Look up the names of the largest contractors reported byENR in its three main categories: Heavy and…

A: Names of largest contractors reported; The largest contractor reported by ENR, to the heavy domestic…

Q: Draw a schematic diagram to illustrate the contractual relationships in the construction industry…

A: As civil engineers or relationship managers, we have to take responsibility for maintaining peace…

Q: Explain how an estimate is priced in two phases

A: Introduction: Estimated pricing is defined as an approximation of the project's cost. The…

Q: In what way a contractor will be able to benefit from a particular type of equipment he will…

A: The contractor will be able to benefit from a particular type of equipment he will purchase even if…

Q: Who is responsible for searching the products at construction project?

A: A construction project is the structured system of a building, structure or infrastructure being…

Q: in which construction contract is given an accurate price fo

A: Introduction- A construction agreement is a legally enforceable contract between two parties based…

Q: is the result of paying suppliers, subcontractors, employees, and a host of other items such as…

A: Cash outflow is the result of paying suppliers, subcontractors, employees, and host of other items…

Q: What are the Loss and Expense heads of claim?

A: The loss and expense is a claim in the construction contracts which is presented by the contractor…

Q: Name four types of risks that are properly retained solely by the owner.

A: Risk is defined in terms of an anticipated deviation from expectations. Risk is often defined as a…

Q: When you make professional decisions involving investments in engineering projects, what criteria…

A: In any engineering project, the decision related to the investments must be taken with proper care…

Q: List Five Price Categories that need to be Considered when Pricing an Estimate

A: Project costs are cost required to carry out a planned business endeavor and they are a key topic in…

Q: the management function that deals with acquiring and retaining qualified people.

A:

Q: is rate of return resulting from the shuffling of funds within a company from project to project.…

A: Explanation -  Internal rate of return is a rate of return calculated from available cash flow and…

Q: Q: When estimating the costs of a project, the costs that are not associated with specific work…

A: The question is When estimating the costs of a project, the costs that are not associated with…

Q: Discover warranty and warranty period in a contract, explain it briefly and include example

A: A warranty is a written guarantee that a seller issues to a buyer regarding particular claims. The…

Q: If you want to build a home for yourself, which contract will choose: O a. cost plus fee O b. Any…

A: option D is correct ( Lump sum Contract ) Home can be built by any method but most suitable method…

Q: what does a company evaluate both the money allocated to a project and the time allocated to the…

A: A company evaluate both the money allocated to a project and the time allocated to the project

Q: 7. When a project is performed under contract, the SOW (Statement of Work) is provided by which of…

A: These all questions are from project management.

Q: What are the partnering benefits in construction management/

A: Project Collaboration/Partnering is a long-term collaborative management strategy in which two or…

Q: The most important stakeholder in the project is: O a. contractors Ob. Sponsors, or clients O c. The…

A: Stakeholder of a project are those who are affected by the project.

Q: Question 8 What is the contract delivery method called where the prime consultant is responsible to…

A: Brief concept introduction- Project delivery system- It is a system that gives permission to an…

Q: If you work for a company that employs Percentage of Completion Method of Revenue and Profit…

A:

Q: the 4 types of contracts according to its advantage to a project contractor. Discuss  why by citing…

A: four types of contracts are as given below : 1. Lump sum contracts 2. Time and materials contracts…

Q: How much of an impact does a formal schedule have on the subcontractor's ability to make a profit?

A: A construction schedule is a timetable for each activity and event in a building project. The…

Q: What are the most commonly used cost estimating methods for software?

A: Cost estimation  Cost estimation means estimating the cost values of various items involved in any…

Q: 4) Identify the different types of construction companies in the market.And  Explain the…

A: The different types of construction companies in the market are:- a) Contractors who specialize in…

Q: Contractors are required to determine their build up rates for every work item in a contract.…

A: Construction cost estimation is the cornerstone of every construction project. The construction of…