The Project Plan and Architectural Design of the Project

   

Added on  2020-02-24

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Running head: PROJECT EXECUTION PLANNING AND MANAGEMENTProject Execution Planning and ManagementName of the StudentName of the UniversityAuthor Note
The Project Plan and Architectural Design of the Project_1
1 PROJECT EXECUTION PLANNING AND MANAGEMENTTable of ContentsProject delivery system..............................................................................................................2Design-Bid-Build.......................................................................................................................2Design-Build..............................................................................................................................2CM @ Risk.................................................................................................................................3Financial Contract Type.............................................................................................................4Lump sum contract.....................................................................................................................4Guaranteed Maximum Price Contract........................................................................................4Cost plus Fixed Fee Contract.....................................................................................................4Procurement Method..................................................................................................................6Competitive................................................................................................................................6Negotiated..................................................................................................................................6Best Value..................................................................................................................................6References..................................................................................................................................9
The Project Plan and Architectural Design of the Project_2
2 PROJECT EXECUTION PLANNING AND MANAGEMENTProject delivery systemDesign-Bid-Build – the design-bid build consists of three different phases where thedesigning phase, bidding phase and the building phase. The designing phase consists of steps,which corresponds to the creation of the project plan and architectural design of the project(Park & Kwak, 2017).. The owner hires an architect who is given the task of creating thearchitectural design of the project. If the owner of the project the architect goes on toapproves the design produce the bid document that will be the basis on which, the biddingfrom the contractor will be happening. The requirements of the design has to be met by thearchitecture to fulfill the criteria of the project objectives (Ramsey, El Asmar & Gibson,2015). After the bid document is created the document is analyzed and the bidding phasestarts. Different contractors come for the bidding auction of the project. They place theirbidding for them to buy the tender for the project. After the completion of the bidding theowner along with the architect can either select one of the bidders based on the criteria he hadput forward, reject all the bidders or start a new bidding process at a later date. After thecomplete selection of the contractor the project is assigned to them to work on (Park &Kwak, 2017).. The contractor has to then start collecting all the permits that are required forthe completion of the project. The contractor then produces a detailed timeline for theworking of the project and delivers it to the owner for successful authorization. The architecthired by the owner works as a representative of the owner and looks after the working of theproject timeline and the quality of the project (Ramsey, El Asmar & Gibson, 2015). Design-Build – In this process, the owner has to hire a general contractor who would lookafter the working of the project and an architect who would be in charge of the designing andimplementing project in a correct manner (Minchin et al., 2013). This project deliverymethod lacks the process of bidding procedure, which selects the contractor who would be
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3 PROJECT EXECUTION PLANNING AND MANAGEMENTworking on the project tender. These type of projects are mainly the act of joint venture or arecompleted in partnership with the owner and the architecture or the contractor who is giventhe contract (Minchin et al., 2013).CM @ Risk – the constructor is provided with a project report during the designing phase orwhen the design has been completed (Fehling et al., 2014). The constructor is then selectedbased on the past working experience and the lowest bid set forward by the constructors. Thecompany is then assigned and has to complete the whole project from there forward. Theproject is approved based on the risks taken by the contractor manager (Fehling et al., 2014). Goals/ CriteriaCriteriaWeightProject DeliverySystemsProject DeliverySystemsProject DeliverySystemsDesign-Bid-BuildDesign-BuildCM @ RiskScoreWeightedScoreScoreWeightedScoreScoreWeightedScoreDelivery Schedule25615092256150Project Complexity and Innovation30721041204120Level of Design35621072456210Initial Risk Assessment25717541007175Cost25410071754100Staff Experience and Availability35517541408280Level of Oversight and Control35517551758280
The Project Plan and Architectural Design of the Project_4

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