Question: Question 4 ( a ) Your organization is awarded a Fixed Price Incentive contract for the design and build of a large manufacturing facility for
Question
a Your organization is awarded a Fixed Price Incentive contract for the design
and build of a large manufacturing facility for multinational pharmaceutical
company ECOT Ltd Using the information provided in Table Q calculate
profit to your organisation and the price that ECOT Ltd will pay? Based on
your calculations, assess this type of contract.
Table Q
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b Claims and disputes can have a major impact on all aspects of project
performance and quality.
i Reflect on key actions a responsible client should take to minimise
claims in a project.
ii Discuss the important features of five mechanisms for dispute
resolution.
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c Quality means conformance to requirements. Your company was recently
awarded a large design and build contract for a storm water sewer network
and you are assigned to define the quality of sewer pipes. It is required that
the sewer lines will be constructed from precast concrete hume pipes. For
this material, define the quality characteristics and quality of design.
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