Lecture 1 - Construction Practice

Question 1

The construction industry: new construction accounts for ___ of the GDP and retrofit projects contribute an additional ___

Answer 1

4, 6.5

Question 2

Industrial construction makes up ___% of the construction industry

Answer 2

5-10

Question 3

heavy engineering construction makes up ___% of the construction industry

Answer 3

20-25

Question 4

Building construction makes up ___% of the construction industry

Answer 4

35-40

Question 5

residential construction makes up ___% of the construction industry

Answer 5

30-35%

Question 6

the construction industry has _________ in annual sales

Answer 6

500 billion

Question 7

the construction industry accounts for what percentage of the nation’s GDP

Answer 7

4-12%

Question 8

the construction industry has how many direct and indirect workers

Answer 8

4 mil direct and 8 mil indirect

Question 9

the construction industry accounts for ____% of US jobs

Answer 9

6.4%

Question 10

how many construction companies are there

Answer 10

approx. 2 million

Question 11

the construction industry has a ____ investment in R&D

Answer 11

low

Question 12

construction is a ______ _______ industry

Answer 12

easy entry

Question 13

construction industry requires _____-_____ labor

Answer 13

low-skill

Question 14

what ratio of new businesses are in construction

Answer 14

1/8

Question 15

what percent of construction businesses fail

Answer 15

20%

Question 16

The top ____ companies perform ____ to ____% of the work

Answer 16

40, 25 to 35%

Question 17

what is the average number of employees in a construction company

Answer 17

less than 10

Question 18

________ reflects the dynamic of the construction industry in the economy

Answer 18

housing

Question 19

_______ has stages of market study, design, fabrication, and distribution
_______ has stages of market need study, planning and design, procurement and construction

Answer 19

manufacturing, construction

Question 20

_______ purchaser is not designated during design and production
________ purchaser is designated prior to design and production

Answer 20

Manufacturing, construction

Question 21

________ has custom products
________ has speculation (batch) products

Answer 21

construction, manufacturing

Question 22

_______ has risk of fialing to complete the project in a timely manner
_______ has risk of failing to recover the moey invested

Answer 22

construction, manufacturing,

Question 23

________ payment happens when the unit is purchased
________ payment happens along the project life cycle

Answer 23

Manufacuring, construction

Question 24

what are the 4 Ms

Answer 24

manpower, machines, materials, money

Question 25

What are the lifecycle stages of construction

Answer 25

planning, design, procurement, construction, operation and maintenance, and demolition.

Question 26

Planning and definition phase: requirements from each _______ __________ including constraints project ___________ preliminary ___________ or _________ designs

Answer 26

project stakeholders, characteristics, architectural or engineering

Question 27

5 Types of stakeholders

Answer 27

owner, designer, general contractor, specialty contractor, and vendors and suppliers

Question 28

Sub-contracting is used because prime does not have _________ ________ or _______ needed prime is ______________ in the specialty area specific licensing, bonding, and ____________ ___________ for the specialty.

Answer 28

experienced people, equipment, overburdened, insurance requirements

Question 29

what are the 3 project delivery systems

Answer 29

design-bid-build, design-build, construction manager/general contractor

Question 30

design-bid-build competitive _________ ___________ providing their references and qualifications indicate they will do a good job usually result in the ________ __________ _____________ ______ due to the widest open field of bidding competition

Answer 30

sealed proposals, lowest total construction cost

Question 31

Construction manager teamed up with your ___________ ________________ at the ____________ of the design process timing of involvement ____________ or ___________

Answer 31

general contractor, beginning, preconstruction, construction services

Question 32

Design-build ______-_____% of all projects today ____________ _____________ because fast tracking naturally occurs ____________ and _____________ improve Number and type of change orders are ____________ ____________

Answer 32

45-50%, time advantages, accountability and coordination, substantially reduced

Question 33

Characteristics of Construction Projects * ____ (schedule) pressure * ____ overrun * Complexity * Uncertainty/Risk * Safety * Turnover * Conflict/Litigation (claims are 1% of cost) * _________ * Unique * Fragmented * Non _____________ production process (unlike manufacturing)

Answer 33

time, cost, dynamic, standardized