WorksheetsWeek 4 quiz CC & P
Total questions: 18
Worksheet time: 9mins
What is the purpose of SPV’s in construction financing?
Isolate financial risk to the specific project
Share the risk to the sponsors assets
Hold an individual responsible
Allocate all risk to the government
What typical projects use project financing in construction?
Swimming centres
Large homes
Large infrastructure projects
Beachfront café precincts
What is the typical source of project finance?
Equity investors
Equity exchange businesses
Debt raisers
None of these
What are common lenders to infrastructure projects. Choose all that apply.
Bond markets
Export credit agencies
Commercial banks
Loan sharks
Risk reduction in infrastructure projects can be achieved by which of the following?
Multiple contracts
Government subsidies
Government guarantees
All of these
How does the government benefit from Public-Private partnerships (PPP’s). Choose the correct answers.
Efficiency
Expedition of projects
Risk sharing
Reduction of public perception
Choose two key features of PPP’s
Whole life approach
Division of labour
Performance based payments
Complete outsourcing of project
Which of the following is not a typical PPP model?
Build-own-operate-transfer
Design-build-finance-operate
Design-build-operate-maintain
Operate-maintain-refurbish-handover
Nominate 3 challenges/risks of PPP’s
Cost overruns
Revenue shortfalls for toll roads
Conflict of interest for private entity
Conflict of interest for government sponsor
The following parties are typically involved in Integrated project delivery (IPD) projects. Choose all correct responses.
Owner, architect, and contractor
Only the owner
Only the architect
Only the contractor
Who generally carries the risk in IPD projects?
End users
Contractor
Client
Shared risk amongst contract parties
What motivates success in IPD projects for participants?
Shared risk
Shared profits
Cooperative contracting
All of these
Choose all the benefits of IPD projects below:
Reduced waste
Scheduling efficiencies
Innovations
Conflicts are increased
Which is not a challenge of IPD projects?
High set up costs
Contract complexity
Measuring performance
None of these
What is the main purpose for ECI (early contractor involvement) projects?
Engage contractor skills early to reduce project design/build issues
Start building before the design has commenced
Give contractor control of the design
All of these
Choose all services that a contractor would provide in Preconstruction stage for ECI project:
Design development
Advise on buildability
Cost advice
Write up legal documents for all parties
Does a client have to use the same contractor for both stages in an ECI project?
Yes
No
When it is a government project
When the project is less than 12 months duration
Choose the response that is not a benefit in ECI projects:
Risk mitigation
Collaboration
Constructability
Cost uncertainty
