Construction Management Practice Exam

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One advantage of the design/bid/build delivery method is that project costs are known before construction begins. Is this statement true or false?
Correct Answer:
True
Explanation:
The statement is true because in the design/bid/build delivery method, the project’s design is completed before the bidding process. This means that the entire project is fully designed and documented prior to obtaining bids from contractors. As a result, clients can receive fixed costs for construction based on the completed plans, allowing for better budgeting and financial planning. This method separates the design and construction phases, which can lead to a clearer understanding of the project scope and associated costs. Clients have the opportunity to review the full design and obtain competitive bids, which helps ensure that the project is completed within the planned budget. The advantage of knowing project costs before construction starts is significant as it minimizes financial risks and helps in making informed decisions regarding project funding and resource allocation.

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