Interior Design Contracts: Project Management Objectives

Questions and Answers

What is the main goal of project management according to the given text?

The main goals of project management are meeting the project objectives in terms of Scope, Time, Cost and Quality.

What other goals of project management are mentioned in the text?

Other goals of project management include Safety, Environment, Social and Community, Stakeholders' interests, and Project teamwork.

Who are the key stakeholders mentioned in the text?

The key stakeholders mentioned are the Owner, Consultant, Contractor, and Other parties/stakeholders.

What is the purpose of identifying stakeholders according to the text?

The purpose of identifying stakeholders is a discipline called 'Stakeholder Management', where the most powerful and influential stakeholders are identified early to ensure their input is used to shape the project. Signup and view all the answers

What is the basic project management process described in the text?

The text does not explicitly describe the basic project management process. It only mentions the project management process in the section title 'The Basic Project Management Process'. Signup and view all the answers

What is the definition of a project according to the text?

A project is defined as a temporary endeavor that is undertaken to deliver a product, service or result. Signup and view all the answers

What is a Change Order in the context of a construction project?

Unilateral written order by a project owner directing the contractor to change contract amount, requirements, or time. Signup and view all the answers

Define an Invoice related to a construction project.

An itemized bill for goods sold or services provided, containing individual prices, the total charge, and the terms. Signup and view all the answers

What is a Claim in the context of construction?

A demand or request for something considered one's due, which could involve time or money. Signup and view all the answers

Explain what a Dispute means in a construction project.

A disagreement or argument that may arise between parties involved in the project. Signup and view all the answers

List two methods of Dispute Resolution commonly used in construction projects.

Mediation/Consultation, Arbitration Signup and view all the answers

What is the purpose of a Letter of Acceptance in the tendering process?

To formally accept the contractor's bid and proceed with the contract. Signup and view all the answers

What are the different types of contracting based on the scope of work?

<ol> <li>Design, 2. Design and Supervision, 3. Design and Build, 4. Execution (contracting), 5. Supervision</li> </ol> Signup and view all the answers

What are the two main types of pricing methods mentioned for contracts?

<ol> <li>Lump Sum / Unit Price, 2. Cost Plus</li> </ol> Signup and view all the answers

Name the key contract documents that are typically involved between the owner, consultant and contractor?

<ol> <li>Agreement, 2. Contract Conditions, 3. Drawings, 4. Technical Specifications, 5. Bill of Quantities (BOQ), 6. Addenda, 7. Bonds, 8. Contractor's Bid/Proposal/Tender, 9. Notice to Proceed</li> </ol> Signup and view all the answers

What are the four different types of tendering processes mentioned?

<ol> <li>Open Tendering, 2. Selective Tendering, 3. Negotiated Tendering, 4. Serial Tendering</li> </ol> Signup and view all the answers

What is the first step in the tender process?

Preparing the tender list Signup and view all the answers

What is the second step in the tender process after preparing the tender list?

Selection of contractors short list Signup and view all the answers

Study Notes

Contract and Tendering Package

A project is a temporary endeavor undertaken to deliver a product, service, or result, with project management concerned with meeting project objectives including scope, time, cost, and quality.

Project Stakeholders

Stakeholders are people who have key roles in or concerns about the project, including the owner, consultant, contractor, and other parties.
Identifying stakeholders is important for stakeholder management to ensure a smooth project.

Project Life Cycle

The project life cycle includes phases from client approval to execution, involving RFP, technical offer, scope, financial offer, and deliverables.

Contracting

There are different types of contracting, including design, design and supervision, design and build, execution, and supervision, in terms of scope of work.
Contracting can also be classified as lump sum, unit price, or cost plus in terms of pricing.

Contract Documents

Contract documents include the agreement, contract conditions, stakeholders' data, project introduction, scope of work, schedules, general conditions, supplementary conditions, drawings, technical specifications, bill of quantities, addenda, bonds, and contractor's bid/proposal/tender.

Tendering

There are different types of tendering, including open tendering, selective tendering, negotiated tendering, and serial tendering.
The tender process includes preparing the tender list, selecting contractors, advertising, preparing and issuing tenders, queries and site inspections, receiving tenders, opening tenders, arithmetic checking, correction of mistakes, contractor selection, letter of acceptance, and letters of regret.

Change Order/Invoice/Claim/Dispute

A change order is a unilateral written order by a project owner directing the contractor to change the contract amount, requirements, or time.
An invoice is an itemized bill for goods sold or services provided.
A claim is a demand or request for something considered one's due.
Dispute resolution methods include acceptance, mediation, negotiation, adjudication boards, arbitration, and litigation.