Project Management Quiz

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the typical number of firms selected for selective tendering?

15 to 20 tenderers

3 to 4 tenderers

10 to 12 tenderers

5 to 8 tenderers (correct)

In two stage selective tendering, the contractor selection is completed before agreeing on the contract sum.

False

What is the main purpose of negotiated tendering?

To negotiate prices with one contractor based on competitive pricing.

In serial tendering, the first phase is conducted in __________, while subsequent phases are negotiated.

competition Signup and view all the answers

Match the following tendering methods with their key characteristics:

Selective Tendering = Involves a small number of firms submitting tenders Two Stage Selective Tendering = Contractor selection and contract sum determined separately Negotiated Tendering = Prices negotiated with one contractor Serial Tendering = Phases with competition followed by negotiations Signup and view all the answers

What is the primary aim of procurement in construction?

To acquire goods and services at the best possible total cost of ownership Signup and view all the answers

A tender is a submission made by a client to potential suppliers.

False Signup and view all the answers

What is the purpose of a pre-qualification questionnaire (PQQ)?

To shortlist appropriate suppliers for tendering. Signup and view all the answers

Procurement is the acquisition of goods and/or services at the best possible total cost of ownership in the right ______ and quality, at the right time, in the right place.

quantity Signup and view all the answers

Match the tendering methods with their characteristics:

Open Tendering = No restriction on who can submit a tender Selective Tendering = Only invited suppliers can submit tenders Negotiated/Nomination = Direct negotiation with specific suppliers Serial Tendering = Tenders submitted in a sequential manner Signup and view all the answers

Which of the following best describes the tendering process?

Produce tender documents, invite firms, evaluate tenders, appoint contractor Signup and view all the answers

Selective tendering allows any supplier to submit a tender.

False Signup and view all the answers

What is the outcome of the tendering process?

Appointment of a contractor Signup and view all the answers

Study Notes

Course Information

Course Title: PROJECT MANAGEMENT
Course Code: 0404438
Course Leader: Prof. Alex Opoku (PhD, MSc, BSc (Hons), PGCHE, FHEA, MCIOB, FRICS), Professor of Sustainable Built Environment

Learning Outcomes

Understand what a project is, project management, and the role/responsibilities of the project manager within a construction team.
Understand how project managers manage projects integrating scope, time, cost, quality, human resources, communications, risk, and procurement.
Applying methods for estimating time and cost, and managing quality in construction.
Learning theories of leadership, communication, motivation, and conflict management within teams.
Understanding procurement and risk management and their relationship.

Project Management Knowledge Areas

Project Integration Management
Project Scope Management
Project Time Management
Project Cost Management
Project Quality Management
Project Human Resources Management
Project Communications Management
Project Risk Management
Project Procurement Management
Project Stakeholder Management

Project Procurement Management

Procurement is not just purchasing; it's the framework for bringing about, acquiring, or obtaining construction.
Acquisition of goods/services at the best possible total cost of ownership, in the right quantity and quality, at the right time and place.
Essential processes: Plan, Conduct, Control, Close.

Procurement Management Processes (Detailed)

Plan Procurement: Develop Project Management Plan, Requirement Collection, Risk Identification, Resource Estimation, Project Schedule, Cost Calculation, Stakeholder Identification.
Conduct Procurement: Make or buy decision, Procurement management Plan, Statement of work for procurement, Policy for source selection.
Control Procurement: Work Performance Information, Change Request, Quality Reports, Project Document Update, Organizational process asset update.
Close Procurement: Closed Contract, Update to Organizational process asset.

Procurement Management Process (Detailed) - Inputs, Tools/Techniques, and Outputs

Plan: Inputs: Project charter, Statement of Work, Tools/Techniques: Meetings, Expert Judgement; Outputs: Project plan, Work breakdown structure, Budget.
Conduct: Inputs: Work performance information, Budget, Tools/Techniques: Meetings, Audits, Project Management Information System (PMIS); Outputs: Project document updates, Budget updates.
Control/Administer: Inputs: Assets, Work performance information, Budget, Tools/Techniques: Meetings, Audits, Project Management Information System (PMIS); Outputs: Work performance report, Project plan updates, Budget updates.
Close: Inputs: Project charter, Statement of Work, Budget documents, Tools/Techniques: Meetings, Audits, Project Management Information System (PMIS); Outputs: Closing summary.

Tendering Procedures

Tender: Submission by a prospective supplier to an invitation to tender (ITT).
Pre-qualification Questionnaire (PQQ) and pre-tender interview: To create a shortlist of suitable suppliers for a project, reducing inefficiency and wasted effort in the tender process.
Tendering process stages: Produce tender documents, Invite firms to tender, Receive tenders, Evaluate tenders, Appoint contractor.

Tendering Methods

Open Tendering: No restrictions, free trade, advert in trade press, invites firms to bid.
Selective Tendering: Small number of firms selected, usually 5-8 tenderers, selection is key. Includes single and two-stage options.
Negotiated/Nomination Tendering: One contractor, prices are negotiated, based on competitive price for similar work.
Serial Tendering: Phases in competition, subsequent phases are given, remaining phases are negotiated.

Specific Tendering Methods Details

Single Stage Selective Tendering: Contractor selection and contract sum are done simultaneously.
Two Stage Selective Tendering: Contractor selection is separate from contract sum agreement. Firms bid on their pricing structure and other criteria; evaluation predicts best value for money.
Two Stage Selective Tendering (Process): Stage One: Select the Contractor (Tender list, Tender documents, Tenderers advise); Stage Two: Determine the Contract Sum (Design finalised, Documents produced, Priced, Negotiation).
Negotiated Tendering: Used when preference/business relationship, continuation of contract, specialist expertise or equipment, quick start are important.
Serial Tendering: Useful for repetitive work.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

Test your understanding of project management principles and practices. This quiz covers key areas such as scope, time, cost, quality, and the roles of project managers in construction. Assess your knowledge on leadership, communication, and risk management within project teams.