Project Delivery Methods and Procurement Flashcards
7 cards from real CCM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Delivery Methods and Procurement flashcards as text
What is the primary characteristic of the Design-Bid-Build (DBB) project delivery method?
Answer: The owner contracts separately with a designer and then a contractor after competitive bidding
In DBB, the owner sequentially contracts with a designer first, then competitively bids the completed design to select a general contractor, keeping the two phases separate.
In a Construction Manager at-Risk (CM at-Risk) arrangement, what does a Guaranteed Maximum Price (GMP) represent?
Answer: The ceiling cost beyond which the CM absorbs cost overruns rather than the owner
A GMP establishes a cost ceiling; if actual project costs exceed it, the CM at-Risk bears the overrun, transferring cost risk away from the owner.
Which project delivery method consolidates design and construction responsibility under a single contract, transferring the most integrated risk to one entity?
Answer: Design-Build
Design-Build places both design and construction obligations in one entity, making that entity solely responsible for schedule, cost, and design quality risks.
A Request for Proposal (RFP) is primarily issued to solicit what type of response from prospective contractors or vendors?
Answer: Technical approach, qualifications, and pricing in a combined proposal
An RFP seeks a holistic response covering methodology, team qualifications, and cost, allowing owners to evaluate factors beyond price alone.
Which feature is a defining element of Integrated Project Delivery (IPD)?
Answer: Multi-party agreement that aligns financial incentives of owner, designer, and contractor
IPD uses a multi-party contract that ties the profits of the owner, designer, and contractor to shared project outcomes, promoting collaborative risk/reward sharing.
What does 'best value' procurement evaluate in addition to the proposed price?
Answer: Qualitative factors such as experience, technical approach, and past performance
Best value procurement scores both price and qualitative criteria—such as schedule approach, qualifications, and references—to select the overall most advantageous offer.
Which contract type is most commonly associated with the Design-Bid-Build delivery method?
Answer: Lump sum (stipulated sum) fixed-price contract
DBB typically uses a lump-sum contract because complete design documents allow accurate bidding, and the selected contractor is bound to deliver for the stated price.