Podcast
Questions and Answers
What is the main responsibility of contract administration according to the text?
What is the main responsibility of contract administration according to the text?
- Enforcing provisions of the contract (correct)
- Planning for the legal framework
- Managing the parties to the contract
- Arranging the formal agreement
Which of the following best describes the role of managing the parties to the contract?
Which of the following best describes the role of managing the parties to the contract?
- Ensuring fulfillment of their roles and duties (correct)
- Legal interpretation of the contract terms
- Overseeing the physical construction work
- Managing the financial aspects
What does 'putting contract in place' mean in the context of contract administration?
What does 'putting contract in place' mean in the context of contract administration?
- Managing the conflict resolution procedures
- Formulating the legal framework for future performance (correct)
- Negotiating the contract terms
- Executing construction tasks
What is the primary focus of managing the contract according to the text?
What is the primary focus of managing the contract according to the text?
In contract administration, what is the significance of enforcing provisions/procedures of the contract?
In contract administration, what is the significance of enforcing provisions/procedures of the contract?
How does planning for the contract differ from managing the contract in contract administration?
How does planning for the contract differ from managing the contract in contract administration?
What type of contract is suitable when the extent of work is uncertain?
What type of contract is suitable when the extent of work is uncertain?
When does a lump-sum contract with bills of quantities become restricted in use?
When does a lump-sum contract with bills of quantities become restricted in use?
Under what circumstances are measurement contracts considered necessary?
Under what circumstances are measurement contracts considered necessary?
What factor makes a cost-reimbursement contract potentially beneficial for a client?
What factor makes a cost-reimbursement contract potentially beneficial for a client?
Which type of contract is primarily based on competitive unit rates?
Which type of contract is primarily based on competitive unit rates?
When are bills of quantities restricted in a lump-sum contract?
When are bills of quantities restricted in a lump-sum contract?
In which contract type does the procurement process mainly depend on the client's requirements?
In which contract type does the procurement process mainly depend on the client's requirements?
What circumstance necessitates a full comprehensive design in a lump-sum contract with bills of quantities?
What circumstance necessitates a full comprehensive design in a lump-sum contract with bills of quantities?
What leads to the restriction of using bills of quantities in a lump-sum contract?
What leads to the restriction of using bills of quantities in a lump-sum contract?
When might a lump-sum contract be favored despite client's intention to change the design later?
When might a lump-sum contract be favored despite client's intention to change the design later?
What are the three traditional roles involved in a Design-Bid-Build system according to the text?
What are the three traditional roles involved in a Design-Bid-Build system according to the text?
What type of contracts are typically used in the traditional system based on the information provided?
What type of contracts are typically used in the traditional system based on the information provided?
What is a disadvantage of the traditional procurement method according to the text?
What is a disadvantage of the traditional procurement method according to the text?
Which of the following is considered an advantage of the traditional method in relation to cost overruns?
Which of the following is considered an advantage of the traditional method in relation to cost overruns?
In a traditional Design-Bid-Build system, when does the construction professional typically enter the process?
In a traditional Design-Bid-Build system, when does the construction professional typically enter the process?
What competitive characteristic is associated with the traditional method based on the information provided?
What competitive characteristic is associated with the traditional method based on the information provided?
One of the disadvantages of the traditional method is that it is challenging to reduce the time required for which phase of the project?
One of the disadvantages of the traditional method is that it is challenging to reduce the time required for which phase of the project?
In the Design-Bid-Build system, which party typically takes on the responsibilities for the contract according to the text?
In the Design-Bid-Build system, which party typically takes on the responsibilities for the contract according to the text?
What characteristic defines the owner's involvement in a Design-Bid-Build system when it comes to project risks?
What characteristic defines the owner's involvement in a Design-Bid-Build system when it comes to project risks?
What feature of the traditional procurement process makes it hard to shorten the overall project timeline?
What feature of the traditional procurement process makes it hard to shorten the overall project timeline?
