Inter strategy Flashcards

1
Q

ESSENTIAL FEATURES OF PROJECT ALLIANCE

A
  • Collective Ownership of All Uninsurable Risks
    -3 Limb”, 100% Open-book Compensation Model
    -Governed by Joint Body
    -Day-to-Day Management
    -Resolve Issues within Alliance with No Recourse to
    Litigation
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2
Q

ESSENTIAL FEATURES OF PROJECT ALLIANCE

3 Limb”, 100% Open-book Compensation Model

A
  • Limb 1: Actual project costs + project overhead
  • Limb 2: Fee% = profit + corporate overhead
  • Limb 3: Gain/pain sharing arrangement
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3
Q

ESSENTIAL FEATURES OF PROJECT ALLIANCE

Day-to-Day Management

A

Seamless Integrated Project Team (“Best for Project”)

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4
Q

Customers purchasing behaviours

-what 5

A
initial price > low price
investment > durability
value for money > low operating cost
feature > novelty
best > social status
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