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SD-77,@Construction Work Force Insufficiencies Negation Scheme This scheme outlines a to monitor the conditions of the industry and prompt the industry to close the gap in skilled craft workers. This scheme is broken into four phases: (SD-77, p. 159)Monitoring Phase @Inquiry/A...
https://staging.construction-institute.org/ 5/25/2016 2:10:55 PM
The nine most problematic clauses fall into three main groupings: (RS5-1, p. 4)Work Scope Clauses @ issues involve errors, omissions, ambiguities, and inconsistenciesChange Clauses @ issues involve definitions, dispute resolution, negotiation of costs, and approval timelinePro...
https://staging.construction-institute.org/ 6/2/2016 1:12:51 PM
Contractor and owner views, motivations, and incentives often conflict. Many do coincide, but there is at least potential for conflicting objectives. Contract clauses that do not fit the realities of a situation may promote a conflict of interest. (RS5-1, p. 5)
https://staging.construction-institute.org/ 6/2/2016 1:13:03 PM
The type of contract (fixed-cost vs. cost-reimbursable) should be heavily influenced by five factors: (RS5-1, p.@10)The extent to which the work is definedThe desired allocation of risk between owner and contractorThe availability of owner expertise and effort on the projectTh...
https://staging.construction-institute.org/ 6/2/2016 1:13:13 PM
Contract risk allocation is influential to project success.@Each aspect, including indemnity, consequential damage, differing conditions, and delay, must be carefully considered and balanced by both the owner and the contractor.@(RS5-3, p.@v)
https://staging.construction-institute.org/ 6/2/2016 1:13:22 PM
Significant differences were expressed by owners and contractors about those clauses that were most troublesome, and about the risk allocation effect of those particular clauses. There is a prevalent owner practice of using contract language to shift risk to the contractor. Th...
https://staging.construction-institute.org/ 6/2/2016 1:13:32 PM
Incentive plans demand more precise definition of project objectives by owners, which may in turn result in better design definition. There must be a balance between quantitative and qualitative measures and parameters used in the design of incentive plans. (RS5-2, p.@6)
https://staging.construction-institute.org/ 6/2/2016 1:13:45 PM
Survey results strongly suggest that properly designed and administered incentive plans will yield total project benefits to the owner greater than the program@s cost. Positive incentive clauses enhance project performance, while negative incentives hamper performance. (RS5-2,...
https://staging.construction-institute.org/ 6/2/2016 1:13:58 PM
Suggested planning process includes:Establish set of goalsFormulate alternative plansEstablish criteriaSelecting alternativeImplement alternativeDevelop feedback loopPlanning Guidance: Since limited time is available for planning and it would be very costly to plan each projec...
https://staging.construction-institute.org/ 6/2/2016 1:36:19 PM
Fluor@s study indicates 2 influencers of project success:@(SD20,@p. 16)Quality and depth of early planning by the PM GroupExecution by a strong PM group
https://staging.construction-institute.org/ 6/2/2016 1:36:31 PM
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