Project Execution and Management for ADCO Constructions

Running head - PROJECT EXECUTION AND MANAGEMENT
Project Execution and Management
Name of the student
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Author’s note

PROJECT EXECUTION AND MANAGEMENT1
Introduction
ADCO Constructions is regarded as one of the most trusted and respected
construction organisations. The organisation is well known for its ability to deliver critical
projects up in a particular period (Construct 2019). ADCO has delivered projects throughout
Australia. The organisation has supplied more than 3,500 projects across the nation with
minimum mistakes after being established in 1972. The price of all the projects the
organisation has finished is calculated to be $10 billion. It directly employs over 580
individuals and has been named one of the top twenty private organisations across the nation
(Construct 2019).
In the following report, the project that the organisation took for delivering would be
discussed. The report will give a summary of the project, showing the project's context and
purpose. It will show the project delivery system objective and the best technique to use in
the project. Also the report would be addressing the aim of the sort of economic agreement,
recommending the highest kind of contract for the project. The procurement technique and its
significance will also be mentioned in the study, together with ADCO Constructions ' best
procurement technique chosen for the project.
Discussion
Background of the company
ADCO Construction is the target firm for the study. The firm is run by the chairman's
joint partnership. The organisation has been granted to complete projects such as non-
residential projects and tenders in the nation by a gross sum of $1.4 billion (Construct 2019).
All projects taken for delivery are licensed and controlled by the Australian government.
Critical checks are carried out about people's safety, as most projects involve government and

PROJECT EXECUTION AND MANAGEMENT2
private transport (Construct 2019). Therefore, ADCO was regarded secure in the specified
quantity of time to deliver such a project.
Background of the project
ADCO Constructions ' project is two-story building design. The building would be
used mainly as a medical unit. The construction of the building would be developed in Wales,
Australia's steep terrain. It is estimated that the project will be finished within the client's
specified timeframe. It is also predicted that within the estimated price supplied by the client,
the project would be completed. The project's primary aim is to provide quick medical care to
residents.
Project Delivery Method
The method of project delivery or the structure of delivering the project methods is
classified as a system that maintains the first team interest. The leading designated team's
attention is said to consist of multiple types of members being arranged in a specific manner
that would integrate the members for the project's ideal results (Touran and Burgos 2018). It
is defined and used in such a way that results collaborate. The project delivery technique
process itself is categorised as a value-based process where the project distribution is very
high ended and the outcomes arising from the execution of the different methods in the
project distribution model are categorised as high quality outcomes.
Project delivery technique is used in different types of projects since it allows
to deliver the required outcomes that customers want. After implementing the project
delivery system, the results of the projects would help the organisation to address the whole
project at one moment (Antoniou and Aretoulis 2018.). An enterprise or any company or
organisation also uses the project delivery system to organise the project layout and finance
the project for execution. The project is organised and funded in multiple other industries

PROJECT EXECUTION AND MANAGEMENT3
such as building, its operation, along with service maintenance for any job structure or
equipment in that industry. The system appears to enter into legal contracts with more than
one or more establishments or parties involved in the project.
There are different kinds of techniques that help deliver the method of the project.
Plans such as Design-Bid-Build or Design Award Build, Design Bid Build with Construction,
Design-Build or Design-Build, Design-Build Operate Maintain, Build Operate Transfer,
General Contractor or Manager of Construction, Integrated Project Delivery and Public-
Private Partnership are used to deliver the project delivery method model for a specific
project.
Design-Bid-Build (DBB), Design-Build and Construction Manager at Risk (CMAR),
are the project delivery techniques to be assessed in the report.
Design Bid Build
The project delivery system called Design Bid Build is categorised as a project
delivery system which is developed by the proprietor of a company or organisation that
creates a contract. The system is being used to draw all the contract papers produced between
the architecture and the engineer assigned to complete the project (Franz et al. 2019). The
documentation would consist of some sets of blueprints and all the comprehensive project
specification that is yet to be finished. All project-related offers are requested from the
project consultants appointed based on the paperwork. The contract is granted to the
contractor with the smallest response bid to complete the project after the documentation
process is completed. In this way, keeping track of all the prospective contractor that could
finish the project and produce a quality project compared to the client's required result would
be simple for the proprietor (Hoff, Hammond and White 2016). The material would also
assist the firm's owner handle all the project-related demands.