Procurement and tendering

Procurement and tendering

Professional Development

10 Qs

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Procurement and tendering

Procurement and tendering

Assessment

Quiz

Professional Development

Professional Development

Practice Problem

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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 20 pts

This means the processes from identification of a project up to receipt of tenders and award of contracts for its implementation. Which of the following best describes this?

Tendering

Assignment

Procurement

Novation

2.

MULTIPLE CHOICE QUESTION

1 min • 20 pts

How is the contractor selected through the bidding process and appointed?

Contract Award

Procurement

Tendering

Purchase

3.

MULTIPLE CHOICE QUESTION

1 min • 20 pts

The sequential nature of the strategy, which is necessary to assure low risk, does mean that it can be relatively slow before the commencement of construction.

Traditional

(Lump Sum)

Traditional (Remeasurement)

Design and Build

Construction Management

4.

MULTIPLE CHOICE QUESTION

1 min • 20 pts

This contractor may have a legal duty to provide the employer with a building that is fit for its purpose.

Traditional

(Lump Sum)

Traditional (Remeasurement)

Design and Build

Construction Management

5.

MULTIPLE CHOICE QUESTION

1 min • 20 pts

This is most often adopted for large or complex projects. It has particular benefits for projects where there is a high degree of design innovation, where the client wants ‘hands-on’ involvement, or where design flexibility is needed throughout the project process.

Traditional

(Lump Sum)

Traditional (Remeasurement)

Design and Build

Construction Management

6.

MULTIPLE SELECT QUESTION

1 min • 20 pts

Procurement routes on a Financial basis (select all that are applicable):

Lump Sum

Traditional Remeasurement

Cost Reimbursable

Target Cost

7.

MULTIPLE CHOICE QUESTION

1 min • 20 pts

These are arrangements where a project or service is provided by the private sector in partnership with the public sector.

Public Private Partnerships (PPP)

Construction Management

Private Finance Initiative (PFI)

Management Contracting

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