Introduction Flashcards

1
Q

The number of constructions from
approved building permits in the first
quarter of 2022 was posted at ______.

A

37,270

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2
Q

In the first quarter of 2022, the total
value of constructions was ________.

A

PhP 86.78 billion

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3
Q

___________ buildings reported the highest number of constructions of __________percent of the total number of constructions during the quarter.

A

Residentials

26,546 or 71.2

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4
Q

___________continued to register the highest number of constructions with
9,725 constructions or 26.1 percent share to the total during the quarter.

A

CALABARZON

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5
Q

The revenue of the________________________ is expected to grow steadily over the next years. In 2030, it is projected to be more than twice as big as it was in 2020. The size of the construction market amounted to 6.4 trillion U.S. dollars in 2020, and it is expected to reach 14.4 trillion in
2030.

A

global construction industry

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6
Q

The construction industry
__________ as a discipline, is a combination of art and science.

A

Construction

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7
Q

True or False
It is essential that construction professionals have knowledge of the business and management
aspects of the profession.

A

True

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8
Q

True pr false
The decreasing rate of technological development and growing international competition in the
industry are serving to accelerate the development of new construction methods, equipment,
materials, and management techniques.

A

False (increasing)

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9
Q

The companies or individuals engaged in the business of construction

A

Construction contractors

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10
Q

They Engage in wide range of construction activities and
execute most major construction projects.

A

General contractor

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11
Q

they enter into a contract
with an owner to provide complete construction services

A

Primary contractors

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12
Q

Limit their activities to one or more construction specialties. Often employed by a general contractor to accomplish some specific phase of a construction
project.

A

Specialty contractors

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13
Q

They are also known as subcontractors

A

Specialty contractors

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14
Q

It is also called as “vertical construction”

A

Building construction

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15
Q

Also known as “horizontal construction”

A

Heavy construction

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16
Q

Construction Process
Project Life Cycle (phases)

A
  • initiation phase
  • Planning phase
  • Implementation (Execution) Phase
  • closing phase
17
Q

initiation phase includes:

A

• Identification of Project Objective or Need
• Feasibility Study

18
Q

Planning phase includes:

A

• Scope of Works
• Delivery Method
• Identifying Resources
• Scheduling
• Estimating of Costs
• Risk Management
• Quality Assurance and Control Measures

19
Q

Implementation phase includes:

A

• Progress Monitoring
• Progress Report
• Project Cost Control
• Project Quality Control

20
Q

Closing phase includes:

A

• Releasing final deliverables to the client
• Handing over project documentation
• Terminating supplier contracts

21
Q

How construction is accomplished?

A

The principal methods by which facilities are constructed
includes:
1.Construction employing an owner construction force
2.Owner management of construction
3.Construction by a general contractor
4.Construction using a design/build (turnkey) contract
5.Construction utilizing a construction management contract

22
Q

Construction process
(Bidding process)

A

Bid invitation
Bid solicitation
Bid preparation
Bid submission
Contract Award
Contract administration

23
Q

Process of advertising the tender and inviting the interested contractors to participate in a construction bid for executing a project.

A

Bid invitation

24
Q

Process in which the owner or client provides documents and other packages of material related to the project to the interested contractors.

A

Bid solicitation

25
Q

The contractors or bidders submit their
tenders before the due date along with
all the required documents and
participate in the construction bid.

A

Bid submission

26
Q

The owners or the clients note the details of all bidders on a bid sheet, view all the bids thoroughly, and award the tender to the deserving bidder.

A

Contract award

27
Q

All the legal documentations are
completed and the terms of the
construction projects are finalized before
procurement of the contract to the
contractor.

A

Contract administration

28
Q

It is the competitive bidding.

A

Bidding process

29
Q

1.They Prepare complete drawings, specifications, and contract documents,

A

Owner & Architect / Engineer

30
Q

2.prepare a detailed estimate for the project, proposal submittal to the architect-engineer on the designated day at the designated time and place.

A

Contractor

31
Q

3.Receive all of proposals and evaluate the submittals. Awarding of contract and notify the winning bidder

A

Architect/ Engineer

32
Q

Contract signing

A

contractor

33
Q

they issue the Issuance of notice to proceed

A

Owner & Architect / Engineer

34
Q

They Commence construction operations

A

Contractor

35
Q

FACTORS INFLUENCING PROJECT SELECTION

A
  • Client-related factors
  • Type of work
  • value of the project
  • contractor’s current workload
  • estimating workload
  • likely profitability of the contract
  • location of the project
  • form of contract
  • physical resources to do the job
  • identity of consultants
  • time available to bid