QUESTION :
Taylorโs University is intending to build a branch campus in Kota Kinabalu, Sabah. Based on Taylorโs University plan they require the branch campus to be operational in mid-2019. Your quantity surveying firm, Innovative Cost Consultant Sdn. Bhd., of which you are a director, has been appointed to provide advice on the procurement system and the tendering methods that are to be adopted in carrying out the project.
The management of the University has informed you that the following requirements are of priority:
i) Cost to completion to be within the budget fixed.
ii) Timely delivery of the facility in order to commence operation in mid- 2019.
You are required to prepare a report to Taylorโs University recommending the procurement system and the tendering method to be adopted.
In your report you shall consider the procurement systems commonly used. You shall list out and explain the advantages and disadvantages of each system before making your recommendation.
As for the tendering methods, you shall consider all the three methods; i.e. open, selective and direct negotiation methods. Similarly you are to describe the advantages and disadvantages of each method before arriving at your recommendation.
Your report shall clearly explain your reasons for your recommendations.
Based on the above recommendations you are also required to prepare a simple programme or schedule in a form of bar chart showing the various activities commencing from the confirmation of the procurement system until completion of the project.
QUESTION :
Taylorโs University is intending to build a branch campus in Kota Kinabalu, Sabah. Based on Taylorโs University plan they require the branch campus to be operational in mid-2019. Your quantity surveying firm, Innovative Cost Consultant Sdn. Bhd., of which you are a director, has been appointed to provide advice on the procurement system and the tendering methods that are to be adopted in carrying out the project.
The management of the University has informed you that the following requirements are of priority:
i) Cost to completion to be within the budget fixed.
ii) Timely delivery of the facility in order to commence operation in mid- 2019.
You are required to prepare a report to Taylorโs University recommending the procurement system and the tendering method to be adopted.
In your report you shall consider the procurement systems commonly used. You shall list out and explain the advantages and disadvantages of each system before making your recommendation.
As for the tendering methods, you shall consider all the three methods; i.e. open, selective and direct negotiation methods. Similarly you are to describe the advantages and disadvantages of each method before arriving at your recommendation.
Your report shall clearly explain your reasons for your recommendations.
Based on the above recommendations you are also required to prepare a simple programme or schedule in a form of bar chart showing the various activities commencing from the confirmation of the procurement system until completion of the project.
For our first ICI (Introduction to Industry) and ITD (Introduction to Drawing), in a group of six, we were to carry out a research on quantity surveyors and give a presentation about what is their job about and what they do.
โขWhat is Contract?
โขWhat is Construction Contract?
โขPurpose of Construction Contract
โขContract for Bid and Procurement
โขContract for Pricing Arrangement
โขConstruction Contract Component
โขContract Document List
โขStandard Form of Contract in Malaysia
This seminar was part of the Bar Council practical construction law series presented by the Construction Law Committee to practitioners. It covers the topic of payments and common issues arising in the construction industry.
For our first ICI (Introduction to Industry) and ITD (Introduction to Drawing), in a group of six, we were to carry out a research on quantity surveyors and give a presentation about what is their job about and what they do.
โขWhat is Contract?
โขWhat is Construction Contract?
โขPurpose of Construction Contract
โขContract for Bid and Procurement
โขContract for Pricing Arrangement
โขConstruction Contract Component
โขContract Document List
โขStandard Form of Contract in Malaysia
This seminar was part of the Bar Council practical construction law series presented by the Construction Law Committee to practitioners. It covers the topic of payments and common issues arising in the construction industry.
Cost Overrun Causes Related to the Design Phase in the Egyptian Construction ...World-Academic Journal
ย
Cost overrun is one of the most common problems that threaten any construction project. As the Design phase is responsible for many critical decisions, many of cost overrun causes are related to such phase. This paper aims to identify the most significant causes of cost overrun related to the design phase in the Egyptian construction industry from the point of view of owners, consultant, designers, project managers and contractors. A list of cost overrun causes related to the design phase collected through an extensive literature review, main causes were adapted to the Egyptian construction industry through seven semi-structured interviews. The resultant list was submitted to a questionnaire survey for the impact and frequency quantitative evaluation. the results of the research is expected to help the participants in the design phase to develop more optimized design and avoid the most usual flaws that could led to cost overruns.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
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Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Business Valuation Principles for EntrepreneursBen Wann
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This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
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HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
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Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
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Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Putting the SPARK into Virtual Training.pptxCynthia Clay
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This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Improving profitability for small businessBen Wann
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In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
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"๐๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ง๐ญ ๐ข๐ฌ ๐ ๐ฌ๐ญ๐จ๐ซ๐ฒ, ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ฅ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ. ๐๐ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐๐ฅ๐ข๐๐ฏ๐ ๐ญ๐ก๐๐ญ ๐ฌ๐ก๐จ๐ซ๐ญ๐ฅ๐ฒ ๐ฒ๐จ๐ฎ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐จ๐ฎ๐ซ ๐ฌ๐ญ๐จ๐ซ๐ข๐๐ฌ."
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Single stage design and build method & construction project management
1. Single Stage Design and Build Method & Construction Project Management
John Constance
MSc in Project Management, University of Liverpool
Introduction
When design concept drawings are produced this indicates that a design brief has been
implemented and additional data has been prepared (RIBA 2007). The design concept
drawings include completed structural and building services systems, specifications and
the design initial cost plan.
The use of the GC/Works/1 Single Stage Design and Build methodology indicates that
the number of tenderers are restricted and narrowed down to an approved list based
derived from applicants experience, general skills, financial capacity, integrity, and their
demonstrated competence and quality assurance approach.
Considering the two factors, this paper reviews the strengths and limitations of single
stage design and build methodology and the major challenges it imposes on project
managers for construction during design work; and how these challenges and their
associated risks can be mitigated.
Design Concept Drawings
According to the USACE (2008) Engineering Guide Design manual, the design concept
comes immediately after the special consideration of function, sustainability, technical
codes and standards, construction classification, accessibility standards, site adaptation
and alternative design and recommendations are completed and approved by the client.
With this information the designer can then produce construction drawings that will
include a cover information, perspective and architectural plans including floors, fire
protection code compliance, demolition, etc. and elevations and sections. With this
information the designer can now proceed to produce intermediate plans and a final
design.
However, during this stage it is important the construction project manager ensure that
a monitoring and controlling system is in place to produce the design information (CIOB,
2010, p.44). Selecting a design team leader can do this and there should be meeting of
the design team and other consultants to review all characteristics of the project. There
should also be a design management plan to show roles and responsibilities, drawing
type size and format, and schedules, computer aided design interdependencies, an IT
data transfer system, the impact of design resources to the productivity achieved, design
changes procedure and their predictive effects, and design performance review.
Fewings (2005, p.234) advised that design management be done to ensure that building
design information be the best quality and be constructed at the right time and delivered
to the right people. This is important for the construction project manage so as to have
the design team fully prepared for the issuance of the tender.
2. GC/Works/1 Single Stage Design and Build Methodology
In the single stage design and build methodology the contractor is not involved in the
project planning at the initial stage. Therefore offers are submitted with less information,
making the firm price only as wholesome as the design information. Also, any change
undermines certainty achieved with a lump-sum tender, and if cost assessment or the
contractorโs working method is incorrect, the risk transfer may have little value, and the
tenderers will take pricing risk due to the competitive pressure, and the approach offers
reduced scope for a shared objective or for a contractorโs contribution to the design
development.
Notwithstanding, with this approach there is cost certainty, risk allocation in the contract
is well defined, pricing is competitive, the cost of tendering simplifies tendering process,
with a complete, well-documented design there is a clear delineation of design and
construction obligations, and timescales are identified creating less opportunity for
extended negotiation (Simon Rawlinson, 2008)
Challenges and associated risk mitigation measures
โข Ensuring all problems are identified - this can effect in delay, design changes, co-
ordination hitches โ ensure the design concept is detailed and well defined and
involves all professional disciplines early on.
โข Managing the design process including co-ordination and responsibility to
produce certainty โ this can lead to poor design programming and tracking and
product โ thoroughly apply design-stage reviews and freezes considering cost
management procedures (Sundaram, 2008), all the elements of green design
(Kubba, 2010, p.305), value management (CIOB, 2008, p.28), and the most
technically advanced and applicable suite of construction design codes (British
Standards Institute, 2009)
โข Ensuring tender documents are complete or unambiguous โ this can lead to
errors or blunders in the contractorโs offer โ make sure the tender documents are
in accordance to the code of procedure for single stage selective tendering
(1996, NJCC)
โข Selecting the spot-on contractor โ poor selection can lead to poor delivery and
unsatisfied client โ invest in pre-bid conferences and mid-tender consultation
using quality criteria and maybe e-tendering software (Simon Rawlinson, 2008)
โข Mitigating contractorโs risk โ while this creates competitive pricing it tends to
leave the contractorโs exposure open-ended - limit the contractorโs risk and
minimise work design during construction, and permit the contractor as much
discretion over specialists selection
_____________________________________________________________________________________
References
British Standards Institute (2009) BSI structural Eurocode companion [Online] Available from:
http://www.bsigroup.com/upload/Standards%20&%20Publications/BrochureDownload/pdfs/BSI
%20EurocodesBro2010.pdf (Accessed: 4 March 2011).
Chartered Institute of Building (2010) Code of practice for project management for construction and
development 4th ed. Oxford: Wiley-Blackwell
3. Fewings, P. (2005) Construction project management: an integrated approach. London: Taylor & Francis
Kubba, S. (2010) โElements of green design and constructionโ. In: Green construction project
management and cost oversight. Oxford: Architectural Press, pp.28-70
NJCC (1996) Code of Procedure for Single Stage Selective Tendering Published for the NJCC by RIBA
Publications, Finsbury Mission, 39 Moreland Street, London EC1V 8BB RlBA Publications is a division of
RlBA Companies Ltd ยฉ 1996 NJCC Printed by The Broadwater Press Ltd, Welwyn Garden City, Herts
Outline Plan of Work 2007 Work Stage Sequences by Procurement Method, Royal Institute of British
Architects ยฉ RIBA 2007
Simon Rawlinson (2008) Procurement single-stage tendering 21.11.2008 building magazine (Online)
Available from: http://www.building.co.uk/data/procurement-single-stage-tendering/3127871.article
Sundaram, V. (2008) โEssentials of design phase cost management and budget controlโ, Cost
Engineering, 50 (2), pp.24-28.
USACE (2008) Engineering Guidance Design Manual, Seventh Edition, US Army Corps of Engineer and
Support Center, Huntsville, Huntsville, Alabama